HGB 'n T, off to the races A very good start for a monday. The many trades opened was due to the immediate open and closures. All stabalized now. I am using Hgi trend 1H, 15min and 5 min and trading t/frame 5 minutes with closure on opposite trend signal only.
Cheers
Leon
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I abandoned M1 scalping pretty quickly. It wiped out the gains and more.
M15 has loads of potential. I adjusted yesterday's settings to M15/H1/H4/D1 combination.
Trading TF: M15
Higher TF: H1/H4/D1
Minimum Htf Alignment: 2
No hedging
No retrace
No close on opposite signal of trading TF
Equity target: $100
Max trades: 3
30 mins between trades
Pip distance: 15
So the bot opens or closes trades when M15 aligns with;
M15/H1/H4
or
M15/H1/D1
or
M15/H4/D1
This combination ensures that bad trades going no where are quickly closed out to let the good ones run.
See attached the trade update since yesterday. One basket has closed. Another is running already.
Will send next update tomorrow.
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So the bot opens or closes trades when M15 aligns with;
M15/H1/H4
or
M15/H1/D1
or
M15/H4/D1
Smart thinking
I am learning really hard hear. I am not smart at all. The smart ones are Wave, Steve, Thomas, Gerje e.t.c.
As I was typing, the second equity target was reached. That seemed pretty quick.
But I noticed something which might need to be checked. The bot seem not to be respecting the minimum distance rule. I set a minimum distance of 15 pips. If you look at the AUDUSD picture attached, the trades were clustered.
Any ideas?
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I am having a lot of fun with this:
D1/H4/H1 trading on the M15.
HtfMinimumAlignment = 2
No trading time frame HGI closure.
No retrace trades.
5 trades in the grid, spaced a minimum of 20 pips apart.
Equity target increase of $30. 0.01 lots.
XAUUSDH1.png
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Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
Anyone here feeling generous? My paypal account is always in the market for a tiny donation. pianodoodler@hotmail.com is the account.
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My special thanks to Thomas (tomele) for all the incredible work he does here.