Hi all.
I've really enjoyed testing HGB over the past week, trying to understand each component from the user guide etc. So much to read and digest through all the HGB forums.
I have an offer for the coders for something i had developed for my EA that i use for Crude / commodites trading and wonder if you'd be interested here. Idea i picked up from futures traders.
It's not to add an indicator at all, or at least not a indie for opening trades. I tried to find a dynamic way of controlling the SL when the markets are violent, and Gold is a classic during NFP and many other times and everyone knows.
So what i have got is a standard candle SL similar to HGB, but also a secondard SL that kicks in when the RSI is above or below a set level and I can choose the TF for the cal. It works great. If i could fix this though, it would be when the markets go crazy then I'd remove the TP and use the tight SL. might as well extract every penny until price reverses.
Also given the HGB trades i had open for GBPAUD yesterday, thought this would be ideal when price is smashing through the stop orders but the last open trade becomes a big loss if there's no hard SL set.
If there's another way to code tight SL when price moves rapidly other than RSI, or if it's included in a money management program that's already posted here, then i'd be interested to know.
otherwise I'm happy to share the code if your want.
I'm more of a donator of funds to broker, so i hope HGB and 2015 for change that.