may I suggest adding the following controls codes in INIT() to avoid Empty4 crashes at startup if the connexion to broker is not quickly establish. I have resolve this for some lasy broker and now it's work fine.
nanningbob wrote:If you have a buy on the GC. You should close when it crosses its weekly pivot and look to see if it comes back over the line again. If you have a sell, need to be careful of one last burst up back to the weekly pivot line before it goes into a DT.
It crossed the pivot and took out most of my stops. The rest I have closed manually. Alex was right. Thanks for the advice.
Read the effing manual, ok?
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SteveHopwood wrote:
nanningbob wrote:If you have a buy on the GC. You should close when it crosses its weekly pivot and look to see if it comes back over the line again. If you have a sell, need to be careful of one last burst up back to the weekly pivot line before it goes into a DT.
It crossed the pivot and took out most of my stops. The rest I have closed manually. Alex was right. Thanks for the advice.
may I suggest adding the following controls codes in INIT() to avoid Empty4 crashes at startup if the connexion to criminal is not quickly establish. I have resolve this for some lasy criminal and now it's work fine.
Steve - I am not sure what tweaking you are doing with setting SL but I think it does need some thought for D1 trend trades at least. I just had a GBPCAD BUY D1 trend trade open as price crossed the Monthly R1 level - which is good. However the SL for D1 trend trades is fixed as MS2 (buy)/MR2(sell) - as GBPCAD is group 5 - which in this case is over 600 pips away.
Perhaps for D1 trend trades the SL should be at nearest MS/R for groups 1-3 and nearest but one for groups 4/5? For example in my GBP/CAD D1 BUY crossing MR1 SL could be set at MS1? That's still a pretty big stop actually (>350 pips) so perhaps it just needs to be at the nearest MS/R level not less than x pips (like you have for the minimum TP target)? Or maybe a MAXD1TrendTradeSL?