rebeljedi wrote:Hi Steve,
I have been testing spider and I'm thinking of preventing spider to "overtrade" within the same day and lose the profit gained within the same day.
Hence, I ask for your kind consideration to add a win-stop/loss-continue filter:
Win-stop/loss-continue filter logic:
1. if spider makes a win within the start and end hours, the bot stops trading within the start and end hours for the same day, and continues only the next day's start and end hours.
2. if spider makes a loss within the start and end hours, the bot continues until there is a win within the start and end hours for the same day and then the bot stops trading for the same day. The bot will continue its trading the next day's start and end hours.
In addition, will you consider making the start and end time to have both hours and minutes too?
Thanks!
OK, I've modified the EA to include the following enhancements:
- Time Check now includes options for all three sessions, Asian, European and US. The time is still local time.
- Times can now be entered to the minute.
- Done for the day code has been added. There are multiple options for DFTD, which you can review at http://www.stevehopwoodforex.com/phpBB3 ... 2529#p2529
- The code now checks to make sure VQ7.EX4 is in the indicator folder and will show an error if it is not. It also directs the user back to this forum to get the file.
For the DoneForTheDay settings, I believe you want to turn on DFTDMaxWinningTrades = 1. That will have it keep trading until it gets a winner. In this case, "winner" means a trade closed in profit.
I know nothing about the operation of this bot, so I need someone to test it before putting it out there for general consumption. Let me know if you are willing and I'll send it along to you.
George
