slowkey wrote:My concern with this would be though in high momentum situations would we loose possible large gains or do conditions stay favorable. Of course if this is even possible what signal or signals do we use. Maybe Evaluator knows. This is me just thinking out loud Steve if this makes no sense in code or logic I understand. Also if we let this run for a few days we may find this a minor issue.

pt2004 wrote:Hi,

First time poster here... But long time lurker of symphonie.
just one doubt, shouldn't the EA reverse the position in a opposite signal??? Like we are in a sell but so far no TP, SL or BE hit and all conditions turn into Buy, shouldn't the EA close the sell and open a Buy, or have an option to do it???

Just a though .

Best regards and thank you Steve for the EA and Eval for the strategy .

slowkey wrote:I have a nice trade on gbpjpy whose t/p is 3 pips below the round number. Problem is it can not get past the round number. Interesting problem for an EA.


Update .... well it retraced all the way back to entry. Now I would have closed this out manually. Any EA needs hands on help in these conditions but I want to let this thing alone and see what it can do on its own. There was a trade signal but not enough momentum to push down below a round number.

Now when it stalled out close to the round number the conditions were no longer favorable. It would be interesting if we could close trades based on a loss of signals when the market was greater than entry. The 60-5 did its job but this was not a high momentum move. The trade stopped short of its target which was 30 pips and conditions became quickly unfavorable.

My concern with this would be though in high momentum situations would we loose possible large gains or do conditions stay favorable. Of course if this is even possible what signal or signals do we use. Maybe Evaluator knows. This is me just thinking out loud Steve if this makes no sense in code or logic I understand. Also if we let this run for a few days we may find this a minor issue.

When the Cycle indicator shows an extreme spike (spike with colour) exit one half of the trade at the close of that candlestick. (One caveat.....once you get an extreme spike wait for 3 to 4 bars to see if the Extreme holds. If no repaint then exit at close of 4th bar/beginning of 5th.)

The second half of the order would continue to run until the trendline changes colour. Once the trendline changed colour one would exit at the close of that candlestick.

Hello,

I guess this is my first post here. Yay.

From what I understand of Eval's strategy, and depending on the exit strategy, the position, or half of it, should be closed "when the Cycle indicator shows an extreme spike (...) at the close of that candlestick".

So, if this happens before the "round number", the retrace to BE or even a loss would be avoided. I don't know if this condition is coded or working on the EA. For the time I've been testing it I'd say this isn't working. Of course, I may be wrong.

There was a an addition to the "extreme spike close", which consisted in exiting about 4 candles later, in case the spike was 'overrun' in the next few candles as it often happens. But I don't recall exactly where's Eval's post about this, so I can't say if it was meant to be a discretionary exit, therefore not 'codeable'.

I hope this can be useful. On the other hand, I may be talking about something very obvious already more than considered by you all, namely Steve. If that's the case, forget what I said.

And thank you all and Steve and Evaluator for this promising strategy and EA

slowkey wrote:

Hello,

I guess this is my first post here. Yay.

From what I understand of Eval's strategy, and depending on the exit strategy, the position, or half of it, should be closed "when the Cycle indicator shows an extreme spike (...) at the close of that candlestick".

So, if this happens before the "round number", the retrace to BE or even a loss would be avoided. I don't know if this condition is coded or working on the EA. For the time I've been testing it I'd say this isn't working. Of course, I may be wrong.

There was a an addition to the "extreme spike close", which consisted in exiting about 4 candles later, in case the spike was 'overrun' in the next few candles as it often happens. But I don't recall exactly where's Eval's post about this, so I can't say if it was meant to be a discretionary exit, therefore not 'codeable'.

I hope this can be useful. On the other hand, I may be talking about something very obvious already more than considered by you all, namely Steve. If that's the case, forget what I said.

And thank you all and Steve and Evaluator for this promising strategy and EA

I think you have made a good point. We have two Main signals based on 60-5 time frames. Should we by evaluators rules be exiting on the ltf going to none and candle close. The higher time frame can stay favorable for longer periods of time because there is less noise but this is a 5 minute trader. When the market is ranging we will get these retraces.
My strategy two Demo was closing its whole position it looks like but I think I have corrected that now. User error lol. Will see.