bubo wrote:I am glad we are discussing this, and yes the issue can be a bit complex. Some points:

(1) I don't think Nanningbob is using AO any longer. Maybe we should simply have an external input whether AO is used for setting pending orders or not.

bubo wrote:(a) Place pending orders according to what we use now, but don't keep them very long. If price does not go where you predict it will go, then remove it - particularly if the RSI has moved over to the other side but price has not budged in that direction.

forextra wrote:

bubo wrote:I am glad we are discussing this, and yes the issue can be a bit complex. Some points:

(1) I don't think Nanningbob is using AO any longer. Maybe we should simply have an external input whether AO is used for setting pending orders or not.

I agree bubo. it would appear that Bob has completely abandoned AO. So we probably should have the option to turn on/off. I know this can done in the code as previously mentioned but that's not as user friendly. I have also noticed that when AO enacts a pending trade and it is in complete contradiction to RSI is when we get the wobbly trades. You will find that most of Bob's trades before have gave AO a miss were using RSI and AO was merely to confirm.

bubo wrote:(a) Place pending orders according to what we use now, but don't keep them very long. If price does not go where you predict it will go, then remove it - particularly if the RSI has moved over to the other side but price has not budged in that direction.

Yep - agree. This is one I would really like to have the option of.
Allan

roman101 wrote:

Sojourner wrote:My PC clock (Windows), (NOT the broker market watch clock) is 5 hours (Central Time) behind GMT. I took the existing setting and just subtracted 5 hours from each of the entries on moth of those lines. I hope this is correct?

MrLong wrote:

rosst wrote:So in the Trading hours line it would look something like this?
+17:00,-1.00,+1.01,-6.30,+6:31,-16.99
which means the ea would trade Asian, Europe & NY sessions closing the trades if they were winning at each session?
Thanks for including this!

no, the envelope is only open for 1 minute, 17:00, -17:01

This GMT conversion business is always confusing to many traders. it would be nice to do it in PC time.
Andy, thank you for the update. Any luck with DD issues?

Cheers,
Roman

MrLong wrote:

roman101 wrote:

Sojourner wrote:My PC clock (Windows), (NOT the broker market watch clock) is 5 hours (Central Time) behind GMT. I took the existing setting and just subtracted 5 hours from each of the entries on moth of those lines. I hope this is correct?

MrLong wrote:

rosst wrote:So in the Trading hours line it would look something like this?
+17:00,-1.00,+1.01,-6.30,+6:31,-16.99
which means the ea would trade Asian, Europe & NY sessions closing the trades if they were winning at each session?
Thanks for including this!

no, the envelope is only open for 1 minute, 17:00, -17:01

This GMT conversion business is always confusing to many traders. it would be nice to do it in PC time.
Andy, thank you for the update. Any luck with DD issues?

Cheers,
Roman

No DD still an issue, I've added option not to add to losing trades and the stop closer, under the previous pivot or above the next pivot, this may help.

Before if a STOP order was activated at R1, then dropped back below MR1, another STOP order would have been placed, then if price had moved above MR1, that would have been activated, then if price had continued down we would have had 2 losing trades heading for the stops.

Andy

roman101 wrote:

MrLong wrote:

roman101 wrote:

Sojourner wrote:My PC clock (Windows), (NOT the broker market watch clock) is 5 hours (Central Time) behind GMT. I took the existing setting and just subtracted 5 hours from each of the entries on moth of those lines. I hope this is correct?

MrLong wrote:

rosst wrote:So in the Trading hours line it would look something like this?
+17:00,-1.00,+1.01,-6.30,+6:31,-16.99
which means the ea would trade Asian, Europe & NY sessions closing the trades if they were winning at each session?
Thanks for including this!

no, the envelope is only open for 1 minute, 17:00, -17:01

This GMT conversion business is always confusing to many traders. it would be nice to do it in PC time.
Andy, thank you for the update. Any luck with DD issues?

Cheers,
Roman

No DD still an issue, I've added option not to add to losing trades and the stop closer, under the previous pivot or above the next pivot, this may help.

Before if a STOP order was activated at R1, then dropped back below MR1, another STOP order would have been placed, then if price had moved above MR1, that would have been activated, then if price had continued down we would have had 2 losing trades heading for the stops.

Andy

Andy,
Thank you for explaining this.
On another note, what ea you use in your Myfxbook with this good results.

Cheers
Roman

MrLong wrote:

roman101 wrote:

MrLong wrote:

roman101 wrote:

Sojourner wrote:My PC clock (Windows), (NOT the broker market watch clock) is 5 hours (Central Time) behind GMT. I took the existing setting and just subtracted 5 hours from each of the entries on moth of those lines. I hope this is correct?

MrLong wrote:

rosst wrote:So in the Trading hours line it would look something like this?
+17:00,-1.00,+1.01,-6.30,+6:31,-16.99
which means the ea would trade Asian, Europe & NY sessions closing the trades if they were winning at each session?
Thanks for including this!

no, the envelope is only open for 1 minute, 17:00, -17:01

This GMT conversion business is always confusing to many traders. it would be nice to do it in PC time.
Andy, thank you for the update. Any luck with DD issues?

Cheers,
Roman

No DD still an issue, I've added option not to add to losing trades and the stop closer, under the previous pivot or above the next pivot, this may help.

Before if a STOP order was activated at R1, then dropped back below MR1, another STOP order would have been placed, then if price had moved above MR1, that would have been activated, then if price had continued down we would have had 2 losing trades heading for the stops.

Andy

Andy,
Thank you for explaining this.
On another note, what ea you use in your Myfxbook with this good results.

Cheers
Roman

It's a correlation EA, if we have a pair that has more than 6 correlated pairs
agreeing and heading in the same direction the EA will get the lots that would be
used for that pair and divide the lot size by the 7 pairs heading in
the same direction, then
send all seven, spreading the risk 7 ways.

roman101 wrote:

MrLong wrote:

roman101 wrote:

MrLong wrote:

roman101 wrote:

Sojourner wrote:My PC clock (Windows), (NOT the broker market watch clock) is 5 hours (Central Time) behind GMT. I took the existing setting and just subtracted 5 hours from each of the entries on moth of those lines. I hope this is correct?

MrLong wrote:

rosst wrote:So in the Trading hours line it would look something like this?
+17:00,-1.00,+1.01,-6.30,+6:31,-16.99
which means the ea would trade Asian, Europe & NY sessions closing the trades if they were winning at each session?
Thanks for including this!

no, the envelope is only open for 1 minute, 17:00, -17:01

This GMT conversion business is always confusing to many traders. it would be nice to do it in PC time.
Andy, thank you for the update. Any luck with DD issues?

Cheers,
Roman

No DD still an issue, I've added option not to add to losing trades and the stop closer, under the previous pivot or above the next pivot, this may help.

Before if a STOP order was activated at R1, then dropped back below MR1, another STOP order would have been placed, then if price had moved above MR1, that would have been activated, then if price had continued down we would have had 2 losing trades heading for the stops.

Andy

Andy,
Thank you for explaining this.
On another note, what ea you use in your Myfxbook with this good results.

Cheers
Roman

It's a correlation EA, if we have a pair that has more than 6 correlated pairs
agreeing and heading in the same direction the EA will get the lots that would be
used for that pair and divide the lot size by the 7 pairs heading in
the same direction, then
send all seven, spreading the risk 7 ways.

Andy,
any chance you can point me to this EA.
Regards
Roman

roman101 wrote:Andy
in symbols to trade, is this recommended symbols or just an example for those who wants to trade selected symbols.