Bob and Shelley Again

[SpiderX]

Hi SpiderX,

Have started testing BASA MTF.

As can be seen from the EURCAD file attached. The trade was closed out as a result of the 2 candle revers after trade was taken. If it possible to make this a user input so one can change the number of candles. For example 4 candles on the H1.

thanks Wapen

Hi,

I honestly think this would be "the one that got away".
I would be glad to have exited because it really looks like it would have gone south.

Have you considered the big picture, i.e how many pips you would have saved if exit on 2 consecutive down candle on the H1 as compared to letting the trade carry on ?
Are there a lot of trades which takes time to "take off" on the H1 ?

It is possible to implement an exit within n candles if price does not close above the open price.
Is that what you are asking for ?

Cheers

[Wapen]

Hi SpiderX,

Have started testing BASA MTF.

As can be seen from the EURCAD file attached. The trade was closed out as a result of the 2 candle revers after trade was taken. If it possible to make this a user input so one can change the number of candles. For example 4 candles on the H1.

thanks Wapen

Hi,

I honestly think this would be "the one that got away".
I would be glad to have exited because it really looks like it would have gone south.

Have you considered the big picture, i.e how many pips you would have saved if exit on 2 consecutive down candle on the H1 as compared to letting the trade carry on ?
Are there a lot of trades which takes time to "take off" on the H1 ?

It is possible to implement an exit within n candles if price does not close above the open price.
Is that what you are asking for ?

Cheers

Hi, There are quite a few trades like that on the H1. Thus asking. Yes exactly as per your explanation on n candles.

wapen

[SpiderX]

Hi Wapen,

Ver 2s MTF now available at:
http://www.stevehopwoodforex.com/phpBB3 ... 151#p83151

Added:

Code: Select all

extern int      WapenCloseCandles=0; //Defaults to 0, only activated with value >0 , disables SpotdespotCandle when active

This defaults to 0 and is only active when you input a value more than 0.
If active, it overrides SpotdespotCandlesClose, this also use SpotdespotCandleCloseTf by default.

Cheers

[fchaman]

Thanks SpiderX...so if I am using 1hr, what do you suggest is the optimal value for WapenCloseCandles? Cheers!

[SpiderX]

Thanks SpiderX...so if I am using 1hr, what do you suggest is the optimal value for WapenCloseCandles? Cheers!

Hi,

Wapen suggests to use 4, but not so sure if i would activate this feature.

Cheers

[fchaman]

Thanks anyway Spider...I also opened a demo on Global Prime in order to link it to myfxbook...The EA is ruuning since Dec. 19 with excellent result:

https://www.myfxbook.com/portfolio/basa-1hr/789998

basa1hr.GIF

[trader689]

fchaman when i try and access that myfxbook link i get the following error message:


You cannot access someone else's portfolio. If this is your portfolio, please login first

please amend thanks

Thanks anyway Spider...I also opened a demo on Global Prime in order to link it to myfxbook...The EA is ruuning since Dec. 19 with excellent result:

https://www.myfxbook.com/portfolio/basa-1hr/789998

basa1hr.GIF

[fchaman]

Sorry...this is a better link:

http://www.myfxbook.com/members/fchaman/basa-1hr/789998

[SpiderX]

Sorry...this is a better link:

http://www.myfxbook.com/members/fchaman/basa-1hr/789998

Hi fchaman,


You seem to be trading very large lots for a 10k account.
Is that intentional ?

Cheers

[Wapen]

Hi Wapen,

Ver 2s MTF now available at:
http://www.stevehopwoodforex.com/phpBB3 ... 151#p83151

Added:

Code: Select all

extern int      WapenCloseCandles=0; //Defaults to 0, only activated with value >0 , disables SpotdespotCandle when active

This defaults to 0 and is only active when you input a value more than 0.
If active, it overrides SpotdespotCandlesClose, this also use SpotdespotCandleCloseTf by default.

Cheers

Thanks SpiderX, Will test and report. Wapen