TraderJoeForex » Sat Jul 01, 2017 10:50 pm wrote:The other thing I am thinking here, now that we have Peaky, is using HGBnDnSSnFB as a kind of hedge. So disabling Sixths and Buy Low Sell High and just trading FB in direction of SuperSlope.

The weakness here then is at the extremes when Superslope gets caught out by a retrace but then Peaky will be banking pips and if Peaky is going into recovery then HGBnDnSSnFB will be banking pips.

The settings allow all this already so will try both head to head on H1 and see what happens. It could be the perfect marriage?

TraderJoeForex » Sat Jul 01, 2017 11:50 pm wrote:

cozybooks » Sat Jul 01, 2017 12:06 pm wrote: I'm thinking that on the live version, if I am only entering trades in the middle, I'll set the SL so that a long trade closes when price moves below the middle, and a short trade closes when price moves above the middle.

SteveHopwood » Sat Jul 01, 2017 7:37 pm wrote: Sing out if you need further modifications.

TraderJoeForex » Sun Jul 02, 2017 1:46 pm wrote:
One thing that would help with pairing this alongside Peaky would to be to allow the recovery option in HGBnDnSSnFB to work independently of Sixths? Then I can run both with the same recovery settings.

If that's not straight forward I can just activate Sixths with a much smaller no of bars so that it's not really filtering but enables recovery to be used.

Cheers!

   if (FollowAdverseMarketWithStopOrders)
      if (OpenTrades < MaxTradesAllowed)
         FillGapsWithStopOrders();  

SteveHopwood » Sun Jul 02, 2017 1:59 pm wrote: I just checked the code. Although FollowAdverseMarketWithStopOrders is part of the Sixths inputs and I intended it only to follow the market if Sixths were enabled, the code that calls the fill the gap function is this:

Code: Select all

   if (FollowAdverseMarketWithStopOrders)
      if (OpenTrades < MaxTradesAllowed)
         FillGapsWithStopOrders();  

No mention of Sixths, so what you want is already there, albeit by a happy accident.

peterke » Sun Jul 02, 2017 2:00 am wrote:
Hi, have been following this thread for awhile and are impresed with how the strategy and EA is developing.

I think using ADR for setting lot size, stops and recovery entry levels is important to reduce variances between trades. The variances in ADR between say GBPNZD and EURCHF may be as much as 200 pips, (common pairs such as EURUSD and GBPUSD often vary by 50 to 100 pips) so using a standard pip based approach does not reflect the variances that exist.
The added benefit of using ADR as the basis for these settings is that you get a reasonably consistent level of risk per trade.

rgds

Peter

TraderJoeForex » Sun Jul 02, 2017 5:56 pm wrote:
Yes I agree. And also having given a bit more thought I realized I don't need recovery on the HGBnDnSSnFB side, I think it will be better to use a grid to scale in as I have been doing with my Grid + Sixths test.

So this will be Grid no Sixths, and the grid size can match the recovery grid in Peaky for each pair. So if this is 100pips when both EA's have a trade open in opposite directions, for every new recovery position added in Peaky, HGBnDnSSSnFB will be adding to it's winning position. This will at least take away concerns of a runaway market because if Peaky gets to level 6 recovery HGBnDnSSnFB will already be rolling in pips. So as long as HGBnDnSSnFB can breakeven ish the rest of the time this will be very interesting.

So with this in mind, based on a 100pip standard I am setting up as follows:

100pip Grid Size for HGBnDnSSnFB to match Peaky Recovery and max 6 positions for both
100pip Jumping SL for both HGBnDnSSnFB and Peaky instead of any TP. This will protect the grid and recovery as either/or/both go into profit as price dances about.
200pip SL for HGBnDnSSnFB trades to limit loses on the other side.
No SL for Peaky because Recovery is what works here.

Here is the example HGBnDnSSnFB set based on above although I will dissable the trade management features and use a separate trade manager to set 2 ATR (D1) SL for HGBnDnSSnFB and 1ATR JS for all trades. I will also manually set 1ATR for the the recovery spacing in Peaky and Grid size in HGBnDnSSnFB for each pair.

I will setup tonight and iron out any creases this week and if this all runs together ok I will open a new thread for next week for HGBnDnSSnFB Vs Peaky. Of course it's not a competition between the two.. the idea is that they will compliment and protect each other to bank more pips more of the time

cozybooks » Mon Jul 03, 2017 3:35 am wrote:one using up to two recovery trades, but still using a 200 pip SL (might have to think that through), the other using just the 200 pip SL.