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I'm recommending people who were running all previous versions of P6 Beta upgrade to this version. I added a signal that Wackena suggested, so P6 no longer enters trades during a consolidation (no accidental breakout trading) and I optimized the data for USDCHF. The signal (Filter 1) is on by default.
Parabolic SAR as an exit strategy is now working properly, but I don't recommend using it with our counter trend strategy. I limited the trade to only close when the trade is in profit, but this was only a slight improvement in performance.
The main reason to upgrade is that some brokers increase the MODE_STOPLEVEL during news trading. FXDD changed the minimum point to adjust stops to 15 pips, up from 4 pips on majors. Because of this, the sliding trailing stop didn't work, and I manually adjusted the trade to the best of my (allowed) ability during the trade. The new version will automatically correct the MODE_STOPLEVEL scaling during a trade for both TP and SL pip adjustments.
I complained that the MODE_STOPLEVEL adjustments were not made on the demo server, and I suggest that others do the same. Demo should match Live in every way possible. Sorry I didn't catch this earlier - please watch moving SL & TP during news releases to make sure it is working properly. You can see if the MODE_STOPLEVEL has been adjusted by doing: CTRL+M, right click a currency pair, click SYMBOL, Properties, Stops Level.
Last edited by daraknor; 04-25-2007 at 04:09 AM.
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