Monday Zone Break Out EA

[mirador]

Thank you very much for your testing, looks very interesting! And your ideas are always a very good pool for the development of the EA
The friday close module is already inside look this settingextern bool UseCloseFriday=false; if you set it to true it should work (I must say I have it never tested out with this EA but in general it should work)

Cheers

Tommaso

Indeed ...setting is there ... nothing is easy for a blind person like me !!!

I'll try it, but I would only want to close profitable trade. Trade that are loosing may need time (and a good SL) to take the right track.

It worth a try but I guess that MZBO rely on TP3 profit. A week may not be enough to for TP3 to grab all profit.

Thanks

[milanese]

Thank you very much for your testing, looks very interesting! And your ideas are always a very good pool for the development of the EA
The friday close module is already inside look this settingextern bool UseCloseFriday=false; if you set it to true it should work (I must say I have it never tested out with this EA but in general it should work)

Cheers

Tommaso

Indeed ...setting is there ... nothing is easy for a blind person like me !!!

I'll try it, but I would only want to close profitable trade. Trade that are loosing may need time (and a good SL) to take the right track.

It worth a try but I guess that MZBO rely on TP3 profit. A week may not be enough to for TP3 to grab all profit.

Thanks

indeed, but try it out.. you never knows before testing

Cheers

Tommaso

[mirador]

Surprize ! Look at this result with close on Friday.

Not sur about it though. Only 153 trades. It was 567 with UseCloseFriday false. It should be more when UseCloseFriday On.

Cheers

[milanese]

Surprize ! Look at this result with close on Friday.

Not sur about it though. Only 153 trades. It was 567 with UseCloseFriday false. It should be more when UseCloseFriday On.

Cheers

No, this is as aspected as only a part of the positions will be closed..


Cheers

Tommaso

[nonlinear]

Hi Tommaso,

Well, after a few attempts, I finally have decent EJ data in the new build. I ran a few test runs on H1 open prices only, but still no trades (display shows S/R levels and pending prices, but they are not placed). On the same settings, I am seeing plenty of trades on every tick.

Also: Which levels of S/R are used to filter trades?

[milanese]

Hi Tommaso,

Well, after a few attempts, I finally have decent EJ data in the new build. I ran a few test runs on H1 open prices only, but still no trades (display shows S/R levels and pending prices, but they are not placed). On the same settings, I am seeing plenty of trades on every tick.

Also: Which levels of S/R are used to filter trades?

as I said before you can only use full tick data for testing, this is because of the zone building, the trade will only open is the nearest confirmed SR zone (in trade direction) is more than 150 pips away

Cheers

Tommaso

[nonlinear]

Ahh, ok, I misunderstood (thought you were able to build the zones with the H1 open). I am looking at the code, and I think see now that the indicator builds off of M1. I presume if I disabled or removed the indicator as a filter, then it might work on bar open.

Now that I have given up on bar open testing, as a separate thought, consider using different zone numbers for trading (0-4). Visually, one might want to only filter based on the verified (3) and proven (4) S/R levels a, opposed to zones 0-2. Would have to test that.

[milanese]

Ahh, ok, I misunderstood (thought you were able to build the zones with the H1 open). I am looking at the code, and I think see now that the indicator builds off of M1. I presume if I disabled or removed the indicator as a filter, then it might work on bar open.

Now that I have given up on bar open testing, as a separate thought, consider using different zone numbers for trading (0-4). Visually, one might want to only filter based on the verified (3) and proven (4) S/R levels a, opposed to zones 0-2. Would have to test that.

no, the indicator refreshes every minute it uses H1

Cheers

Tommaso

[nonlinear]

Well, now I am thoroughly confused (this happens all the time, lol). I take it I should give up on trying to get this to work on H1 open prices for testing purposes (a shame as this one might walk forward really well). I might try a wfa on tick data, but I suspect that will take forever. It seems the new build is even slower when testing.

[milanese]

Well, now I am thoroughly confused (this happens all the time, lol). I take it I should give up on trying to get this to work on H1 open prices for testing purposes (a shame as this one might walk forward really well). I might try a wfa on tick data, but I suspect that will take forever. It seems the new build is even slower when testing.

yes it is slower, because there is the SR indi.., the EA can't be tested with only open prices, but will only at candle open open a new trade if the conditions are meet. The EA build in the first hours of the week ( depend on your setting) a zone, if after this process the price will go higher/lower as the zone it opens at the first new candle open(H1) after this zone break the trades..
(This is only with your special version the rule)
Hope you understand now a little better the concept..

Cheers

Tommaso