03 - Pipcruiser Dashboard – Signals – EA - MPTM

[The_Snowman]

Gringoh,

Broker with the dashboard is Globalprime Demo

However, my real account has a down day, must depend on the opening prices

I will post the Monday of GBP-NZD

It's no wonder 2 people would get different results from the signals

I'll watch how the 4 week / 1 week goes before making any changes to an excellent method thus far

Thanks, John

[The_Snowman]

Now it's Wednesday, a lot of opportunity showing now from Tuesday price action

[basch312]

Hi all,

first of all thanks Gringoh for the last version of your beasts.

I would like to ask you something. I'm still using the PPoS and today I had a loss due to the spread. There was a new and well, you know how this story goes.

The thing is, I would like to avoid enter a trade when the spread is very high and I just wanted to know how the PipCruiser Dashboard would had managed this situation.

ncTrade.jpg

If I were trading the strategy manually I would wait for the price to return to the "trigger price" and then, if the spread is on its average value, open the order.

For the time being, I'll use a script to delete the pending orders if the current price is close to the trigger price and the spread goes crazy... better to be conservative in that kind of situations.

Regards!

[The_Snowman]

Should be some interesting reports today guys, all you testers out there, let's hear from you

Or did the Monthly / Weekly criteria keep you safe?

: : :

[gringoh]

Hi all,

first of all thanks Gringoh for the last version of your beasts.

I would like to ask you something. I'm still using the PPoS and today I had a loss due to the spread. There was a new and well, you know how this story goes.

The thing is, I would like to avoid enter a trade when the spread is very high and I just wanted to know how the PipCruiser Dashboard would had managed this situation.



If I were trading the strategy manually I would wait for the price to return to the "trigger price" and then, if the spread is on its average value, open the order.

For the time being, I'll use a script to delete the pending orders if the current price is close to the trigger price and the spread goes crazy... better to be conservative in that kind of situations.

Regards!

Hi basch312,

The dashboard monitor the spread to calculate the average spread value. If the current spread if below the average spread a trade can be open.

There is also a second control into the dashboard to avoid large spread. A trade cannot be open if the current spread is above the value in the MaxSpreadToEnter input.

Cheers,
G

[gringoh]

Should be some interesting reports today guys, all you testers out there, let's hear from you

Or did the Monthly / Weekly criteria keep you safe?

: : :

Hi John,

2 trades open in DD here: EURCAD & NZDCHF (around -50 each).

Cheers,
G

[macman]

Should be some interesting reports today guys, all you testers out there, let's hear from you

Or did the Monthly / Weekly criteria keep you safe?

: : :

Hi John,

2 trades open in DD here: EURCAD & NZDCHF (around -50 each).

Cheers,
G

3 trades open here: EURCAD, NZDCHF & NZDJPY
All negative ATM.

Cheers,

[basch312]

Hi basch312,

The dashboard monitor the spread to calculate the average spread value. If the current spread if below the average spread a trade can be open.

There is also a second control into the dashboard to avoid large spread. A trade cannot be open if the current spread is above the value in the MaxSpreadToEnter input.

Cheers,
G

Thank you for your reply. From now on I'm going to use your dash with my live account definitely. It solves all the problems that I had with the PPoS... Thanks again for your work Gringoh!

Should be some interesting reports today guys, all you testers out there, let's hear from you

Or did the Monthly / Weekly criteria keep you safe?

: : :

EURCAD, NZDCHF & NZDJPY here too. Two losses this week: GBPNZD and NZDCAD (using the PPoS)

Regards!

[gringoh]

Thank you for your reply. From now on I'm going to use your dash with my live account definitely. It solves all the problems that I had with the PPoS... Thanks again for your work Gringoh!

EURCAD, NZDCHF & NZDJPY here too. Two losses this week: GBPNZD and NZDCAD (using the PPoS)

Regards!

I would recommend you to test it on demo before (if not done before), in order to get used with the settings.

Cheers,
G

[ymleong]

Hi G,

refer 6001 excel, I am bit confused over the calculations with 5 pending

Profits=20, 1stPending will trigger, thus total profits=20 (1stpending==>1pt)
Profits=30, 1stpending is 10pips, total=40 (1st trade 30 + 1PT of 10)
Profits=40, 1pt=20. Total=40+20==>60. At this pt, 2pt is triggered
profits=50, 1pt=30, total=50+10 (from 2pt). 1pt will close out coz TP=30 but in excel its added to overall profits, JSL is 50, so 1pt has no chance to reach JS b4 it close out for 30pips TP. In fact BE is 100 pips


AH another round of staring at your excel finally got what u meant. 1PT TP out when 1st original trade is 50pips, then u did earned 30pips in pocket. Whats on the table will be 1st original trade of 50 + 2PT of 10 pips
(PT=pending trade), (OT=original trade)

profits=0-20, total risk=100, 1OT
profits=20, total risk=200 coz 1OT + 1PT (1st pending trade has triggered)
profits=40, total risk=300, 1OT+1PT+2PT (2nd pending has triggered)

profits=50, total risk=200, cos 1PT close out for 30pips, left with 1OT+2PT
* In your excel, pending trades that are triggered when profits=50, risks=200pips, At this point 1st pending trade has close out, leaving 2nd pending with 1st original trade running. Thus it should be overall risk of 200, and pending is 100 only for 2nd triggered pending trade.
Similarly when profits=70, total risk=200, (1OT+3PT), coz 2PT will close out at 30pips