I should have been more specific but it was Friday and I was at happy hour. 1/2 price doubles and 1/2 price tuna sushi. I was not really paying attention to any other math.
T
Trading manually, you'd certainly think twice about shorting there, taking into account the preceding PA. Don't know how you build that discretion into an EA though.SteveHopwood wrote:Here is that Cowboy Cowboy IBFX losing NU trade that went to full sl: The turquoise ma is the 960, yellow the 240 to equate to their H4 counterparts. I have removed Andy's stacking ma's for clarity.
This is a reentry trade, correctly taken. I would have saved about 50 pips had I closed the trade when the market retraced back inside the two ma's. Let's keep an eye on this and see if doing this with all reentry losing trades helps.
SteveHopwood wrote:You are most welcome my friend.fchaman wrote:This week increased equity by +20%...this ea rocks...thanks to Shelly & Steve!
Just remember, BASA has bad weeks and they really hurt.
We have not found the Holy Grail here.
Not trying to rain on your parade - just trying to temper it with some reality.
Never mind. The future will happen in the future.
For now - party away. Your equity increased by 20% and that is faaaaaannnnnntistic. Have a great party to celebrate.
I have already been looking at this too...if you leave it with me, I'm 3/4 the way through analysing all live trades BASA has taken since end of August to see if an ATR filter on the Shift 1 candle would have prevented the big losses.SteveHopwood wrote:Cowboy Cowboy IBFX last week, all H1:
That was a move of 111 pips in 4 hours. I popped an ATR 14 onto the chart - the reading at the time was 24. Looks like we need a filter to avoid this scenario. I suggest ATR; no trade if the previous candle moved by ATR x an_input_multiplier.
I have already coded a version with the filter. I will hang on until the results of your research to see if it is worth publishing.fxozgirl wrote:I have already been looking at this too...if you leave it with me, I'm 3/4 the way through analysing all live trades BASA has taken since end of August to see if an ATR filter on the Shift 1 candle would have prevented the big losses.SteveHopwood wrote:Cowboy Cowboy Cowboy IBFX last week, all H1:
That was a move of 111 pips in 4 hours. I popped an ATR 14 onto the chart - the reading at the time was 24. Looks like we need a filter to avoid this scenario. I suggest ATR; no trade if the previous candle moved by ATR x an_input_multiplier.
The other thing I'm checking is to make sure it doesn't prevent too many wins as well.
I should be finished in a day or so and I will post my analysis.
Entitas wrote:Various losses (closed and floating) for the H1 test account this week, while the H4 is in the red zone too but with less losses than the H1.