Old and defunct Holy Graily Bob

[milanese]

If the questions are directed at me, the answer is no one knows what the correct settings for the CandlesLookBack are, but I have stuck with 5 for both after trying a few combinations.

As for the signals changing or not after the candle closes, you have to ask Bob or one of the coders of HGI. As I understand it, if you refresh the chart or change the time frames, the signal arrows may change if condition changes. If you leave the chart undisturbed, the signals stay the same.

yes, if you use 15.06, the signal one time drawed, will not be changed, if the candle is closed, and you do not reinitialize the indicator.

Cheers

Tommaso

Thank you very much, Tommaso!
So if I drag v15.08 on the charts and do a visual backtest (i.e scrolling back through 2014) I see what I would have got in real-time (after the close of the specific candle)? Or is it worthless to do such a visual backtest because there could have been many more arrows and waves in real-time which disappeared because the conditions changed?

..

Thanks for your help!

this type of visual backtest is worthless, because in realtime could have been arrows and wavies different drawn, when their candle was an open candle, as the live daw process is like the pricemoving process in realtime a very dynamic thingy.

Cheers

Tommaso

[Cyrus7]

this type of visual backtest is worthless, because in realtime could have been arrows and wavies different drawn, when their candle was an open candle, as the live daw process is like the pricemoving process in realtime a very dynamic thingy.

Cheers

Tommaso

Thanks Tommaso, I understand. So this kind of visual backtest would only be useful if HGB would fire trades after the close of a candle, right? Because once the cndle is closed the signals won't change anymore..

Wish you tons of green Pips in 2015

[fx800]

this type of visual backtest is worthless, because in realtime could have been arrows and wavies different drawn, when their candle was an open candle, as the live daw process is like the pricemoving process in realtime a very dynamic thingy.

Cheers

Tommaso

Thanks Tommaso, I understand. So this kind of visual backtest would only be useful if HGB would fire trades after the close of a candle, right? Because once the cndle is closed the signals won't change anymore..

Wish you tons of green Pips in 2015

You can do visual back testing till you are blue in the face and it would be complete waste of time.

Do some forward testing and learn how to read the signals that HGB gives. That is the way forward.

Go back and read Bob's PDF several times till you can read the signals in your sleep.

The market is still very volatile at the moment, start forward testing on demo next week.

[boinvest]

I want HGB to trigger a trade after the current candle closed with a big arrow and and the latest wave was printed within the last 5 candles. Are these the correct settings?
TrendCandlesLookBack: 1
WaveCandlesLookBack: 5

Yes,
only it wil open the trade on the current candle.

Question would be more suitable overe here:
http://www.stevehopwoodforex.com/phpBB3 ... 91#p105691

[Cyrus7]

Thanks boinvest!

@fx800
Looking for good settings without a quick visual backtest is not so easy for me. However, thanks for your suggestions.

Cheers

[Gertje]

Okay, I made up my mind how to attack the FX-market using HGB this year....
I set up HGB on all H4 charts with 1 entry on each;
- trend arrow
- wavy line
- wavy+trend (double lotsize)
NO TP or SL through HGB.

I then added MPTM to add;
- 1 x ATR SL
- 1 x ATR BE+0
- 1 x ATR JS

This SL/ BE/ JS works magic on PipcruisersPipmasher, so it might be usefull here as well.

The reason I don't set HGB to close on reverse signals is that a lot of times a reverse signal closes the trades, only to disappear after a while with price continuing in the original direction.

Time will tell if I'm right in my thinking....

[Sandovich]

Gertje do you use 4Hr ATR or D ATR ?

[Gertje]

Gertje do you use 4Hr ATR or D ATR ?

100 period H4 ATR to start with.

[Gertje]

Gertje do you use 4Hr ATR or D ATR ?

100 period H4 ATR to start with.

Alright then....

I'm getting numerous requests for what settings I use for HGB and the MPTM, I will post them here instead of answering each individually.

You need the attached version of MPTM, otherwise it won't work.
HGB settings are for Steve latest, 2e, attached in post 1 at the moment.

These settings are just something I pulled out of my a.. while watching charts and suchs ( I don't own a bathtub) so don't be disappointed if it turns out to be a loosing strategy.

Enjoy, I know I will.
(already checked Bob's latest? 16.00 for the H1? Makes me wanna fire up yet another demo... )

.

[SteveHopwood]

V 2f is in post 1.

boinvest has done all the work on this one. He has found and fixed a few bloops and added features such as stop losses in the places where I had not bothered, to give you guys all the flexibility possible.

"He has found and fixed a few bloops" doesn't sound like much, but trust me to know that this took hours and hours. Tracking down bloops in your own code is hard enough; finding them in someone else's can be nigh on impossible. We owe him a great big thank you.