Pipcruiser's Pipmasher

Post by **spotdespot** » Fri Nov 14, 2014 3:04 pm

AnotherBrian » Fri Nov 14, 2014 4:00 pm wrote:Sure, this might be boring but I think it's one of the safest strategies on here.

Thinking of an exit strategy, I would personally prefer to use manual stop movement but that isn't realistic, there is no way I could baby sit the trade that often. So, what about using SSSR and trail using supply/demand zones on H4? I'm going to go ahead and stick this bit in the code and see what happens. Any thoughts on this method or the appropriate time frame? I think Daily is a bit of a stretch and H1 will stop out to often.

I update my stops manually and it is working out fine. It really doesn't need babysitting at all - 5 minutes at the end of the day. Job done.

Post by **pipcruiser** » Fri Nov 14, 2014 3:14 pm

Hi,

re.: settings / exit strategies:

Looking at xfactoros results (low DD and good return) would be a good place to start, around + 2000 pips the last month.

Spotdespot +11.700 pips the last month, slightly larger DD, but the trades seems to have much more room, bigger SL etc.

So one could try to mix the two above, maybe using xfactors settings, but with a jumping stop of ie. 150 instead of 50. Ofcorse nobody knows what happens ahead, but this could be an option to trade this with low DD/SL and more upside to let trades run...

Anyway just brainstorming

PC

Post by **spotdespot** » Fri Nov 14, 2014 3:19 pm

pipcruiser » Fri Nov 14, 2014 4:14 pm wrote:Hi,

re.: settings / exit strategies:

Looking at xfactoros results (low DD and good return) would be a good place to start, around + 2000 pips the last month.

Spotdespot +11.700 pips the last month, slightly larger DD, but the trades seems to have much more room, bigger SL etc.

So one could try to mix the two above, maybe using xfactors settings, but with a jumping stop of ie. 150 instead of 50. Ofcorse nobody knows what happens ahead, but this could be an option to trade this with low DD/SL and more upside to let trades run...

Anyway just brainstorming

PC

Bear in mind the pips aren't a true reflection of return in my case as I have scaled out AND allow 2 trades per pair - both of which will inflate the "pip count".

But the returns are awesome however you count them.

Cheers,
Dave.

AGT · Post by **AGT** » Fri Nov 14, 2014 5:31 pm

I'm trying the PP too.
BUT: I have an error all the time:
"AAABBB Pipcruiser's Pipmasher OP_BUYSTOP order send fail with error(3): invalid trade parameters"
What have I to do ? What's wrong on my side ?

AGT · Post by **AGT** » Fri Nov 14, 2014 8:17 pm

Ok .... I see someone downloaded te setfile .....

So any advice how to avoid the bug ?

AnotherBrian · Post by **AnotherBrian** » Fri Nov 14, 2014 8:51 pm

AGT » Fri Nov 14, 2014 12:31 pm wrote:I'm trying the PP too.
BUT: I have an error all the time:
"AAABBB Pipcruiser's Pipmasher OP_BUYSTOP order send fail with error(3): invalid trade parameters"
What have I to do ? What's wrong on my side ?

Could be slippage setting, could be prices are not Normalized, could be the ECN thing.
I'm just getting my hands wet on this EA though, I'm sure Steve covered all the likely culprits in his code though.

AGT · Post by **AGT** » Fri Nov 14, 2014 9:03 pm

...... strange a bit - I have that error only for NZDUSD + GBPJPY ?? Broker - GP !

AnotherBrian · Post by **AnotherBrian** » Fri Nov 14, 2014 9:13 pm

matt_32 » Fri Oct 31, 2014 6:31 am wrote:I found a nice indicator (@ FF by Hanover) that displays the last candles and thus can help us visualize the entry parameters of this strategy .

Check it out here ( http://www.forexfactory.com/showthread. ... 44&page=10 )

Matt

Here is the indi with the inputs already changed so you can just drop it on your chart. You may need to adjust colours. Once you drop it, cycle thru the timeframes to make sure it's showing you the correct candles.
Very handy indicator.

I've renamed it slightly to show it's been configured for PC.

Post by **SteveHopwood** » Fri Nov 14, 2014 9:57 pm

AnotherBrian » Fri Nov 14, 2014 8:51 pm wrote:
AGT » Fri Nov 14, 2014 12:31 pm wrote:I'm trying the PP too.
BUT: I have an error all the time:
"AAABBB Pipcruiser's Pipmasher OP_BUYSTOP order send fail with error(3): invalid trade parameters"
What have I to do ? What's wrong on my side ?
Could be slippage setting, could be prices are not Normalized, could be the ECN thing.
I'm just getting my hands wet on this EA though, I'm sure Steve covered all the likely culprits in his code though.

Wouldn't count on it. You would be astonished at the methods people find to break stuff.

PC and I tested this EA extensively before release. If it isn't working properly, then assume it is something at your end that is going wrong.

Post by **woodlands** » Sat Nov 15, 2014 2:46 pm

Week 1 Pip Masher Results Demo Acc.
First pendings taken Monday night, close 16:00 Friday
Lot 0.1, Start balance 1,500.
MPTM settings:
B/E 35, Profit lock 15, Part close 0.5, JS 35.

Floating negative 380 pips at close
Thankyou Steve and Pipcruiser, it has run smoothly all week, with occasional manual profit taking closure.