milanese » Sat Feb 01, 2014 2:13 pm wrote:

milanese » Wed Jan 29, 2014 1:00 am wrote:

mirador » Wed Jan 29, 2014 12:52 am wrote:I would like to start a reflexion about adding a smart trailing stop to MZBO strategy. It could definitely gain more pips if the EA can exit a trade when the trend change way as shown in this recent GBPJPY trade.

You will find attached a suggestion to add a smart trailing stop.

The numbers in the document are only for example. No calculation or algorythm test have been made yet.

I would appreciate your comments and please feel free to improve the concept.

Mirador

Thank you for posting this, I will take a look at your concept and I hope to hear other suggestions too.

Cheers

Tommaso

Hello,

I have looked at your concept, and it is for sure interesting, but it would make a completly new EA imo, something like a MondayBreakout merged with Marylin.

Cheers

Tommaso

mirador » Mon Feb 03, 2014 12:02 pm wrote:
Hi Tomasso,

The first idea was to work on a good exit system that could be implement on other EA if desired. As many work on indicators or EA to find the right time to enter a trade, I thought that the exit concept is as important if not more. TP and SL shoul listen to indicators to jump or retreat according to market conditions. I found MZBO a good test ground.

BTW, this week MZBO starts strong on many pairs, hope it will cash in the pips.

Cheers!

milanese » Mon Feb 03, 2014 7:55 am wrote:

mirador » Mon Feb 03, 2014 12:02 pm wrote:
Hi Tomasso,

The first idea was to work on a good exit system that could be implement on other EA if desired. As many work on indicators or EA to find the right time to enter a trade, I thought that the exit concept is as important if not more. TP and SL shoul listen to indicators to jump or retreat according to market conditions. I found MZBO a good test ground.

BTW, this week MZBO starts strong on many pairs, hope it will cash in the pips.

Cheers!

Hi,

your are for sure right that moving the SL with technical motivations is a very good basis, you see it working in MM and too in the MondayBreakout, as the vola of asia session from monday is used for the different tp calculations and for moving the sl to be.

Cheers

Tommaso

mirador » Mon Feb 03, 2014 1:15 pm wrote:
Yes, an evoluate TP/SL system seems to work well with MM, but I did not see SL as effective with MZBO. TP3 system looks good though.

Maybe a change in the the initial sl concept could be interesting, yes .. using here like with the tp concept three different initial sl..
Maybe a too a function closing the trades, if the first two H4 bars are loosing bars.

Cheers
Tommaso

putusernamehere » Tue Feb 04, 2014 9:59 pm wrote:here the results from the EA .I like it the new version I`m testing next week live