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Old 03-06-2007, 05:29 PM
MrPip MrPip is offline
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How EAs exit trades

Quote:
Originally Posted by european
Many thanks for the explanation, MrPip.

The only other 2 good filters (for manual trading) are XO and CCI Filter Duo that I used.

I will try to analyse my losses...

Does EA close positions by 'OrderClose', TP/SL or Trailing Stop by default?

cheers

euro
I am in the process of testing XO as a filter but am very busy with other EAs. I have tried CCI and it did not help. I use to trade CCI method and got tired of the false signals from ZLR becoming a SHAMU and HFE becoming a bigger HFE. The only method that was consistant was TLB.

For version 1.8 exits are from Fisher changing to an opposite signal, SL or TP. At this time Trailing Stop is not used for either version. I am not aware of anyone testing the trailing stop functions. I tested a few on backtest and it did not help in the long run.

Version 2.4 exits on SL, TP or when the HMA3 trend changes with Fisher having an opposite signal. On longer runs the TP is usually hit first. That might be why another trade is often open that might be a loss, especially at the end of the run. I tried setting TP to 0 and it did not do as well even though some of the wins were over 200 pips. Had to do with some trades that hit take profit on a spike, then reversed for either a loss or much less profit.

Robert
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