Pipcruiser's Pipmasher on Steroids

DNTme · Post by **DNTme** » Mon Mar 30, 2015 1:32 pm

Havent lost too much last week.
http://www.fxblue.com/users/trendfollowsteroid

AGT · Post by **AGT** » Mon Mar 30, 2015 2:43 pm

But all in all you are on track mate !

These phases with some loosers must appear, no doubt. At the end it's only important what you'll get after 2-3 months or so ....

Post by **acostafulano** » Tue Mar 31, 2015 4:41 pm

Hi Plateman, how do you set up the Multitrades? Does ATR TP/SL settings apply to them too?

plateman » Sat Mar 21, 2015 6:45 am wrote:I should also add using 20 day ATR for SL/TP, multipliers TP = 0.5, SL = 0.5, BE = 0.25, JS = 0.25, with a BE profit of 5 pips.

Post by **plateman** » Tue Mar 31, 2015 4:49 pm

As far as I am aware the ATR applies to the main trade only, multi trades are a a fixed formula of TP=30, SL=300, which has been found in the past to be successful.

Post by **acostafulano** » Tue Mar 31, 2015 5:06 pm

plateman » Tue Mar 31, 2015 11:49 am wrote:As far as I am aware the ATR applies to the main trade only, multi trades are a a fixed formula of TP=30, SL=300, which has been found in the past to be successful.

Thanks for the clarification!

Diego

Post by **SWG123** » Tue Mar 31, 2015 5:14 pm

plateman » Tue Mar 31, 2015 6:49 pm wrote: ...multi trades are a a fixed formula of TP=30, SL=300, which has been found in the past to be successful.

Not sure about that plateman. A R:R of 10:1 will only ever have one result in the long term and it won't be pretty.

AGT · Post by **AGT** » Tue Mar 31, 2015 6:14 pm

SWG123 » Tue Mar 31, 2015 6:14 pm wrote:
plateman » Tue Mar 31, 2015 6:49 pm wrote: ...multi trades are a a fixed formula of TP=30, SL=300, which has been found in the past to be successful.
.......... in the long term and it won't be pretty.

Yep - that's the point ! :youknow:

Post by **plateman** » Tue Mar 31, 2015 6:27 pm

SWG123 » Tue Mar 31, 2015 5:14 pm wrote:
plateman » Tue Mar 31, 2015 6:49 pm wrote: ...multi trades are a a fixed formula of TP=30, SL=300, which has been found in the past to be successful.
Not sure about that plateman. A R:R of 10:1 will only ever have one result in the long term and it won't be pretty.

Has been successful in the past according to Nanningbob with his HGI system, not me. PPOS is a merger of Pipsmasher and the multitrading part of Bobs HGI system.

Post by **SWG123** » Tue Mar 31, 2015 7:12 pm

plateman » Tue Mar 31, 2015 8:27 pm wrote:
Has been successful in the past according to Nanningbob with his HGI system, not me. PPOS is a merger of Pipsmasher and the multitrading part of Bobs HGI system.

Yes but HGI is an indicator, not a system, and Bob trades manually using fundamentals and large amounts of discretion. If you can do the same using PPoS as a trading tool, you might succeed.

But it's obvious that there are many here who don't have the first clue about trading- they need to know that trading PPoS with the OOTB multi trade settings will - eventually - end in a bad way.

Post by **SteveHopwood** » Wed Apr 01, 2015 6:15 pm

V 1g is in post 1, with a fix for the bot sending trades when first loaded rather than waiting for the open of a new candle. Ignore it if you are running PPoS on a vps or your computer/demo platform never crashes.

There is a simple line of code that prevents the trades from being sent that I had commented out. I cannot imagine why I did that - probably during the multi-trade development period. Those of you who want to make your own change, go to line 922.

Change

//if (!EveryTickMode) OldBarsTime = iTime(Symbol(), TradingTF, 0);

to

if (!EveryTickMode) OldBarsTime = iTime(Symbol(), TradingTF, 0);

This removes the "//" comment indication and forces PPoS to wait for the open of a new candle before sending a trade - you will see the line of code change colour from grey.