Holy Graily Bob's Candle Power

[rapple]

Okay, thanks.
I loaded it yesterday on the mentioned 2 pairs and added GBPNZD to it, just to see it's behaviour.
GBPNZD alone earns as much as the other 2 together, the future will tell if the DD is there to match.

During the evening, I noticed that nearly every trade closes shortly after the 1st jump of the SL, averaging 20 pips.
Did you ever try to just enter a 20 pip TP, and no BE/ JS? This might help with the speed of the totall Empty4 install.
Maybe this screws up the offsetting, I need to find out how that works on this one.

Thanks for the setfile, this gives me a startingpoint to work from.

Sounds like a plan Gertje

I have set up a new instance where I have a 5 pip Breakeven and a 5 pip Jumping Stop (see attached)

The 5pip JS will hopefully give the trades a bit more room to move and may make a bit more $$ on a price run.

Have only set this up on GBPJPY and EURUSD so I can compare to my TJF setfile

Cheers Richard

[Gertje]

Sounds like a plan Gerte

I have set up a new instance where I have a 5 pip Breakeven and a 5 pip Jumping Stop (see attached)

The 5pip JS will hopefully give the trades a bit more room to move and may make a bit more $$ on a price run.

Have only set this up on GBPJPY and EURUSD so I can compare tom my TJF setfile

Cheers Richard

Looking forward for the results!

[4xtn]

Could someone be so kind and add a function to send pendings x pips away from previuos Hi/Lo? Thank you in advance :hi:

[1Direction]

Power is still one of my favorite top 3 EA POS,Awesome and Power all profitable in the mid term (moving to real money account next year) Thank you master Steve

Using power you need a big bank to finance the drawdown and then bank in big profits.

Do any of you have a trick using current params to limit the amount of lots between long and short positions.

I would like to have a maximum of x lots difference between short and longs i.e if I've 8 shorts open I would like to have a max of 13 longs open to keep lot difference at 0.05 lots assuming trade size of 0.01 lot. I believe that by keeping a fix coefficient between long and short would help minimize drawdown while still enabling the EA to trade his strategy.

Thank you all for your help throughout the year!
merry xmas

[Gertje]

Anybody noticed some weird behavior with the set TP?

I have several instances of this CP running, and sometimes the screen feedback [and the actual TP-pips that is set on the trade by the EA] shows a different TP-pips then the input shows

[Gertje]

I'm trying to have CP to perform a certain thing, and for some weird reason, it keeps closing trades at rollover.
Not all, but everyday a few with no duplicadable reason.

What I'm trying to do;
- have CP set pendings in the D1 chart, after rollover
- do the same everyday
- when the set TP on a pair is reached, close the trade and start again at rollover

The below AUDJPY chart, shows that nearly everyday the open trade was closed at a small profit/ loss, where I believe should at least 3 times the basket have closed at the basket-TP of 75pips/ $50,-

AUDJPYDaily.png

Anybody willing to help find out what is wrong with my settings?

[marx64]

Interesting settings Is it profitable?
Anyways, you say that those closures do happen during rollover, and as I see you have enabled trading during rollover (it's disabled by default). May i ask why? Have you tried to disable it?

[Gertje]

Interesting settings Is it profitable?

I can't tell, the EA keeps closing trades before the TP.....

Anyways, you say that those closures do happen during rollover, and as I see you have enabled trading during rollover (it's disabled by default). May i ask why? Have you tried to disable it?

I have since today, will see.

In my opinion it wouldn't matter, since the EA only trades once a day.
And that happens to be during rollover.....

Visual backtesting showed an edge with this, so I wanted to give it a try.

[SteveHopwood]

I'm trying to have CP to perform a certain thing, and for some weird reason, it keeps closing trades at rollover.
Not all, but everyday a few with no duplicadable reason.

What I'm trying to do;
- have CP set pendings in the D1 chart, after rollover
- do the same everyday
- when the set TP on a pair is reached, close the trade and start again at rollover

The below AUDJPY chart, shows that nearly everyday the open trade was closed at a small profit/ loss, where I believe should at least 3 times the basket have closed at the basket-TP of 75pips/ $50,-

Anybody willing to help find out what is wrong with my settings?

It could be that the spread widening during roll over causes one of the closure conditions to occur temporarily.

Try disabling the bot during roll over. This block of code:

Code: Select all

   //Rollover
   if (DisableEaDuringRollover)
   {
      RolloverInProgress = false;
      if (AreWeAtRollover())
      {
         RolloverInProgress = true;
         DisplayUserFeedback();
         return;
      }//if (AreWeAtRollover)
   }//if (DisableEaDuringRollover)
  

intercepts the program run before it gets to the code that tries to send a trade. The run can continue once roll over has finished and will reach this line of code:

Code: Select all

if(OldBarsTime!=iTime(NULL,TradingTimeFrame,0))

Then CP will discover that a new candle has started and send the trades.

[Gertje]

It could be that the spread widening during roll over causes one of the closure conditions to occur temporarily.

Try disabling the bot during roll over. This block of code:

Code: Select all

intercepts the program run before it gets to the code that tries to send a trade. The run can continue once roll over has finished and will reach this line of code:

Code: Select all

Then CP will discover that a new candle has started and send the trades.

Thanks Steve.

Last night AUDJPY closed again at rollover, together with a bunch of other ones gaining 109 pips.
I hate it when a mulfunctioning program delivers positive results....

I changed the inputs, and among others, I let it stop during rollover, and set the spread detectingmode at 1000 times the average spread.

Will keep you posted.