Firstly, a belated "Thanks" to Bob, Steve, Ellixe, Milanese and Baluda & anyone else involved in the evolution of this indicator. I have followed the threads for the last few days but had little time to test this later indicator. I can only imagine how hard it was for Bob to explain what he intuitively knows to the programmers, who had an equally hard job translating that into reliable code. But, as always, you shone through.
On Thursday I "threw" some trades on some 4 hour charts. Absolutely no finesse!! Just following what the arrows told me to do. I have recently been to busy with other things coming into Xmas so have not had time to trade this as I would normally - correctly! But I reasoned that signals given on the 4 hour charts should be good for a while, thus allowing me to check 1 or 2 times a day & react to new information. And it is always good to gather some results on how a new indicator behaves.
I added a few trades on Friday continuing with the trends, usually an hour or two after the signal was drawn. I couldn't monitor the trades during NFP, so they have been left open on this demo.
I must admit I find the results a bit staggering - up > 800 pips without any proper management!! How much better could that have been using multiple entries & maybe closing an occasional trade?? Once again, a BIG thanks to all involved in this project. :hi:
Cheers,
Mick
Hey ho. The updated code is in the Holy Grail Long/Short scripts; I suggest it is best to redownload this and replace your previous versions. Good tight code is always better than ham fisted and long winded code. The scripts zipfile is in post of the Holy Graily Bob thread.