Hi qvintus
Attached 2e has Steve's recent Trade close additions included. My "set file" is in the MQ4 as is 20xD1(Mn), 5xD1(W1), 3% Doji candle & 1% risk for all trades. Personally, when success rate and SL for Multitrades are so high, I increased "Multi" risk to 2% each trade via template. [As mentioned previously this is not as risky as it sounds since Multi's overlap & with Jumping stop, risk exposure is rarely on more than one.]
There is no doubt to me that this is a preferred way to go & set
StopTradingDay = 0;
I notice Paul (Baluda) incorporated the 20xTrading & 5xTrading in his "BareBones Pipmasher". Maybe we can convince Steve to include these in PPoS & replace PPoS2 altogether. Both set to zero = PPoS.
PPoS2 added 4.86% to my account since the 23rd July. BUT(!) I did close all orders 2hrs, before the big 15:30hrs Day5 USD drop - causing EUR & AUD pairs to reverse considerably. Steve's
WinningTradeClosureHour &
LosingTradeClosureHour additions would have been too late to save these trades from large reversal before close.
Between Green lines is last week of June, Red lines = last week of July.
PPoS2-2015-08-01_121353.jpg
Interesting also that "Main" trades (56% win rate) account for 32% of trades started, 46% of pips taken but only 12% of profit. The continual flow of 30pip "Multi" trades (88% win rate) is the winning factor of this system.
[Note : 1. All but one losing "Multi" trades are 100 pip jumping stop (after reaching 20pip gain) - not 300 pip SL which would require >90% success.
2. Another little addition is the actual (Close-Open) pip values for each "light", underneath are the values if calendar 'Longer'(Mn) & 'Medium'(W1) were used. Helps to see the difference & verify direction change over the month.]
Paul
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