Thanks for the quick reply Steve.
This is the problem, a while back i was ranting about a ranging market and how we must find a way to avoid it and almost suggested adding ANOTHER thingy. Well, my targets were very low at the time, if i remember correctly, between 5 and 15 pips. I really like that. I never wanted to go for the 30 or 100 pips, I like the action and the guerrilla tactic . Besides Slowkey was testing the higher TF's and the longer pip positions at the time.
The problem with my short positions is, the markets range too much for too long. then we get small losses trying to make smaller profit. in the mean-time, the crims are making a killing on all the positions being taken and even though we get in towards the right direction, getting through the spread becomes a head-ache alone. i'd lose about 50 pips in all incuding the spreads on the positions while ranging. Then, the market would move for about 100 pips, but with Symphonie, you only meant to get the 'meat' that Eval speaks of, so realistically i would end up with about 20 of that until i hit my TP. This would be the big win in the movement.
Then, the EA would take a second position as the market would still be moving in the same direction. by the time this happened, and we got through the spread again, we would be at the end of the full 100pip move and i would be sitting with a small profit on the last position, still losing overall though, and that too would eventually SL at a small loss again. SO in the end, i would be negative at the end of the session, even though your EA is getting in at the right time, already a great achievemnet with almost standard settings.
I added 'TRUE" to trade multiple positions, this would drastically improve the results on a winning move like above, but the risk on DD and margin call on small accounts, (REAL accounts, not the 100K demos we all use), is massive. Then when the market would range again, the screen would be red all over, all small losses, but adding up with the spread.I Dont think i would risk that on my real accounts YET! if there's anything left of them by tomorrow morning.
so back to what Eval had suggested, stay out of the markets and trade the euro session with US and maybe, maybe, till the end of the US session, but i don't think he trades that long either. I still found way too many stagnant periods where the choppiness would cause lots of small losses, which really added up. Lets stick to his 30 pips and 60:5, but that also created more headaches, and less trades, and i just could'nt even get some of the currencies to make ANY trades. don't know why still.???
I cant recall any of the demos to point it out to you, but it really happens often and cant seem to adapt the EA via the settings to avoid this period. Manually it's easy to stay out of, FF has the news time table and we can make a semi-consciouse (haha) decision about staying out. it's no rocket science stuff.
The symphonie indis can easily show a ranging market and i use megadroid on the live accounts too that shows if you have an uptrend or downward movement on the EURUSD. Down on the Euro so UP on the USDCHF and so on.
But getting the EA to recognise the pattern, or the slowness of the markets movement is tricky.
I accept there will be losses, but i really think you've written the best possible version for Symphonie and the fore-sight you had to include the extras from other EA's and even the AA indi is brilliant. It allows for more options with out compromising the Synphonie system, that i really think works. I've used it successfully Steve and i'm not a full time trader and have absolutley no prior experience with trading. Thats why i like indis so much, typical noob! or newb or whatever .
Hurt my back one day and i could'nt get my work done and thought , what now? what if? etc etc. I panicked a bit, found forex trading , symphonie, a few efriends here and there, and went on to make some serious cash. Just to blow it again literally the next day. Thats when i started looking for an EA as my 'trading plan' all the books speak of, and this name 'stevehopwood' kept popping up, damn that guy was everywhere. TAP TAP.!!
I'm not trying to be a billionaire, i'm really enjoying this and would love the extra income, and in a small way help others avoid the trap i fell into. I'm openly showing how i'm losing another boat load of cash on my live accounts, but hey, its also fun right now, and i believe we going to get a winner here, give it some time, depends how many can add their time and help along.
The answer is in the settings Steve, wont be as good as manual trading, (maybe), but this EA doens'nt need to sleep and who would'nt like to wake up with a cup of kwoffee and check the account balance up another $100 or so. More than enough. Compounded, daily, phew, we'll be visiting each other's countries on the hopwood airlines, with our mistresses coming along for the ride too!!!! hehe. dreams!!!! My wife's going to kill me if she sees this.
I better shut up now , hope you read my$2 worth and managed to stay awake, remember the OCCD thingy again...
regards
George