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| Old and defunct Holy Graily Bob https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3966 |
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| Author: | BobbyT [ Fri Dec 05, 2014 7:29 am ] |
| Post subject: | Holy Graily Bob |
It's possible the signal came before the wavy lines(?) I have a several open and close trades.and for the most part I think they are due to closing signals soon after a trade signal. Its frustrating but it's the nature of the beast. my laptop can't hamdle it but maybe try reducing the refresh rate on the signals. It may make things worse or it may make them better |
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| Author: | kwchau [ Fri Dec 05, 2014 7:37 am ] |
| Post subject: | Holy Graily Bob |
It is possible that the wavy line came after the signal. However, I did have trades opened in this second and closed in the following second. I don't think the EA is coded to read the indicator every second. |
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| Author: | BobbyT [ Fri Dec 05, 2014 7:53 am ] |
| Post subject: | Holy Graily Bob |
No, your right. I think it is coded to refresh signals every 60 second (same as HGI). To be honest my rapid closures have been within the minute as well. Maybe it was wishful thinking that caused me to dismiss it to opposite signals |
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| Author: | SteveHopwood [ Fri Dec 05, 2014 9:40 am ] |
| Post subject: | Holy Graily Bob |
V 1j is in post 1. The function that calculates whether HGB should close a trade includes a test for wavy range start lines, and closes Trend and RAD trades if it finds one. There was no equivalent filter in the trade sending function. This means it is possible for HGB to spot a trading opportunity, yell, "Yippee. Let's party." and trade. The next time it reads HGI, it spots a wavy range line and closes the trade. V 1j has a wavy line filter. The wavy line part of HGI is the hardest to understand. Members who were in at the start og HGB's development will recall that I misunderstood it at the start. Here is my understanding of what the wavy lines tell us, and I ask Tommaso or Denis to correct any misunderstanding:
HGI now leaves the signals in place even though the conditions that led to them being drawn have changed. This causes confusion. Everything is at an early stage of development. We will arrive at optimal thingies eventually, but it will take time. |
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| Author: | kwchau [ Fri Dec 05, 2014 9:59 am ] |
| Post subject: | Holy Graily Bob |
Thanks Steve for the quick response. I think we are moving surely and steadily. |
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| Author: | art [ Fri Dec 05, 2014 10:06 am ] |
| Post subject: | Holy Graily Bob |
great stuff steve will be popping over to you pay pal site later a little xmas gift, for your tireless effort |
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| Author: | renexxxx [ Fri Dec 05, 2014 10:07 am ] |
| Post subject: | Holy Graily Bob |
It sure does and I don't understand why this was designed that way. Should the original signal (on the current candle) still be traded, even if it was superseded by another one, or was removed? Probably not -- that's why I think that the signal should be updated (on the chart) as and when they are changed. |
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| Author: | Radar [ Fri Dec 05, 2014 10:25 am ] |
| Post subject: | Wavy Lines |
Hey Steve, The two wavy lines are/mean... 1. Buffer 7 - "This move has run out of steam (for now)". Above the candles, no more upward movement for a while (getting a bit range-ey)... Below the candles, no more downward movement for a while (getting a bit range-ey). 2. Buffer 8 - We're about to head out of the range, but we don't know what direction 'til it happens. As to why both buffers appear at the same time, I don't know Take care, & Have fun! Radar =8^) |
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| Author: | theforexedge [ Fri Dec 05, 2014 10:45 am ] |
| Post subject: | Holy Graily Bob |
Steve If possible can you add to the future to-do-list.....ATR TP & SL & also for the Trend, Ranging & RAD might be worth forward testing TakeProfitPips? Code: Select all Code: Select all Code: Select all JP |
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| Author: | Gertje [ Fri Dec 05, 2014 10:49 am ] |
| Post subject: | Wavy Lines |
If we would know what event paints the waves, we would understand better. I think having the waves as an entry-/ exit signal for a trend-trade might prove usefull. If you look closer, when 2 sets of waves appear buffer7 shows the wave first most of the times, followed by buffer8. Sequence is rarely the other way around. The 2nd wave would validate an entry in my observation. |
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