Baluda wrote:Alex,

I came across this code in the LookForD1TrendTrade() function:

Code: Select all

//Buy trigger
if (type == OP_BUY)
{
	//Find the relevant ma to cross
	target = GetHighestMovingAverage(PERIOD_D1);
	if (Bid > target && bias == up && VerifyCrossOver(Bid, target))
	{
		if (iLow(NULL, PERIOD_D1, 0) < target || iLow(NULL, PERIOD_D1, 1) < target)
		{
			SendLong = true;
			TradeOrigin = D1TrendTrade;//TradeOrigin is used by CalculateTakeProfit()
			magic = D1TrendTradeMN;
			comment = D1TrendTradeComment;
		}//if (iOpen(NULL, PERIOD_D1, 0) < D1BlueMaVal || iOpen(NULL, PERIOD_D1, 1) < D1BlueMaVal)
	}//if (Bid > target)

	//Find a monthly pivot cross
	if (Bid > MonthlyPivot && bias == up && VerifyCrossOver(Bid, MonthlyPivot))
	{
		if (iLow(NULL, PERIOD_D1, 0) < MonthlyPivot || iLow(NULL, PERIOD_D1, 1) < MonthlyPivot)
		{
			SendLong = true;
			TradeOrigin = D1TrendTrade;//TradeOrigin is used by CalculateTakeProfit()
			magic = D1TrendTradeMN;
			comment = D1TrendTradeComment;
		}//if (iLow(NULL, PERIOD_D1, 0) < MonthlyPivot || iLow(NULL, PERIOD_D1, 1) < MonthlyPivot)
	}//if (Bid > target && bias == up)
}//if (type == OP_BUY)

This sets up triggers for long trades based on the Bid price. Shouldn't this be the Ask price?

Paul

4xtn wrote:Hello fellow traders,

I note there are many ideas regarding exits – which is fantastic – however I’d like to bring your attention to entries – perhaps they can be improved just a tiny little bit

I’m talking about H4/D1 trend trades. Bob came up with his update in June and he suggested we scrap blue MA and use daily pivot instead. For those who missed it - I attach his update.

I had a look at my NB Autotrader 10.2 v1.2 trades: all profitable except for AUDUSD, NZDUSD shorts & EURNZD long – all of them went straight to SL 200 pips after AUD rally Sep-7. That’s fair enough – one could say – you can’t win all the time. However, had EA entered into the trade off daily pivot, rather than blue MA, there would have been enough room for 50pip BE to kick in and close @ 10 pips profit.

My suggestion for H4/D1 trend trades:

LONG:
- H4 Slope is >= 0.4
- H4 Woh is green (i.e. > 0)
- there is a cross upwards of daily pivot
- price is above monthly pivot
- price is above weekly pivot
SHORT:
- H4 Slope is <= -0.4
- H4 Woh is orange (i.e. < 0)
- there is a cross downwards of daily pivot
- price is below monthly pivot
- price is below weekly pivot

***‘EnforcePricePivotIntegrity’ - turn the price above/below monthly and weekly pivots filter off by setting it to 'false'

What do you guys think?

alorente wrote:

4xtn wrote:Hello fellow traders,

I note there are many ideas regarding exits – which is fantastic – however I’d like to bring your attention to entries – perhaps they can be improved just a tiny little bit

I’m talking about H4/D1 trend trades. Bob came up with his update in June and he suggested we scrap blue MA and use daily pivot instead. For those who missed it - I attach his update.

I had a look at my NB Autotrader 10.2 v1.2 trades: all profitable except for AUDUSD, NZDUSD shorts & EURNZD long – all of them went straight to SL 200 pips after AUD rally Sep-7. That’s fair enough – one could say – you can’t win all the time. However, had EA entered into the trade off daily pivot, rather than blue MA, there would have been enough room for 50pip BE to kick in and close @ 10 pips profit.

My suggestion for H4/D1 trend trades:

LONG:
- H4 Slope is >= 0.4
- H4 Woh is green (i.e. > 0)
- there is a cross upwards of daily pivot
- price is above monthly pivot
- price is above weekly pivot
SHORT:
- H4 Slope is <= -0.4
- H4 Woh is orange (i.e. < 0)
- there is a cross downwards of daily pivot
- price is below monthly pivot
- price is below weekly pivot

***‘EnforcePricePivotIntegrity’ - turn the price above/below monthly and weekly pivots filter off by setting it to 'false'

What do you guys think?

I like your suggestion. There will be less trades, but a higher percentage will be profitable. My vote is yes on the change.

Riddermark wrote:Should have done a myfxbook account on this to get better details

Riddermark wrote:Started 100K Demo on 9-7-12. Less than 1 week later 9-13-12 up 11.2%, no losses, with extremely minimal drawdown.

Uh?

Can I invest every last red cent of my money in this EA now?

People on Wall Street would happy to make that in a year.

Should have done a myfxbook account on this to get better details. I didn't have major expectations though but so far so very good.

Probably would have been a couple percentage points lower because EA settings were such that initial trades were larger than I would have personally like which I did modify down to 1 lot per trade but still quite a first week.

I know it's only been a week but a pretty cool week.