Quote:
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Originally Posted by Trader83
To pip'er
Yes, that is the idea. The point is that there are two outcomes after Phoenix has opened position - SL or TP. Sometimes, TP is reached in 2 hours after opening position. Sometimes position is held for 3 days, while price fluctuates around brakeven point (entry point). So we just get additional profit. The closer to SL of the first position we enter, the better is gain\loss ratio. I'm going to becktest this idea manually.
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Short Version: Try MaxTrades=3 signal_count = 10 and variations of similar settings.
Long Version: I'm glad people are very interested in this. To perform a very similar test you can also set MaxTrades = 2 or more. That way if you are in a buy trade and you get a sell signal, you enter the second position. It is highly recommended to have signal_count set to ?? value so you don't enter the same signal each tick up to the maximum value. (see "Weekly build notes" in this thread) It may be better to use "confirming signals per bar" instead of "confirming signals per tick" when combined with MaxTrades. Please see the links in this thread, the code change to do this is moving one line of code 4 or 5 lines higher.