View Single Post
  #107 (permalink)  
Old 06-03-2006, 01:11 AM
iscuba11's Avatar
iscuba11 iscuba11 is offline
Senior Member
 
Join Date: May 2006
Location: Houston
Posts: 399
iscuba11 is on a distinguished road
Thumbs up Houston, we have a problem!

I found one weakness - MinDistCross (A Vital filter but can cause missed opportunities) - - This filter measures the distance from each moving average (gap) to filter out many false signals as a result of the moving averages being too close to each other and barely crossing in both directions (Noise chatter).

The problem: If the program is testing on the current bar for a crossover, and the gap is too narrow, no entry trigger occurs. If the gap grows wide enough to surpass our MinDistCross criteria on the second or third or fourth bar later, the cross is not a current cross anymore, and the program will not trigger a buy or sell. This weakness caused 2 missed opportunities today in trading.

Is there anyway to program the program to allow the program to check for a current cross and still activate if the gap slowly expands past the MinDistCross within so many bars (adjustable) after the recent cross (example: 5 bars). Reason: On long term EA's a missed opportunity like this can cause a 100+ pip lost opportunity profit capture before the moving averages cross again. Since this occurred on 2 EA's today, I would say I lost a total of 200 pips in missed opportunities.
Reply With Quote