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No more trades after TP is reached
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The TakeProfit is easy. It is already an input. I can add code to check the day a trade closed and not allow trading until the next day. Is this what you had in mind? This could be another switch for both EAs. Something else I plan to add is code to make sure the stop loss and take profit are modified based on OrderOpenPrice(). If there is slippage when the trade is entered the SL and TP are calculated on the Bid or Ask BEFORE the trade is accepted. By modifying these values when the trade is already open we do not lose more because of slippage. Robert |
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I think what's wanted is an option to take only one trade and not re-enter till next 'good' Isakas signal produced. Well, but what if it's a strongly trending market and you can make 100 pips if you stay in, think most people would like that to be available. |
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, sure I meant for trading hours..... I did not expect I have to explain this... but yes I mean running the EA during trading hours which means switch it off on weekends, otherwise the overall the performance is not totally realistic and what i want to show is the overall performance the bad side if any and the good side, I am not interested in showing off or getting more people to this thread we want real results that reflect the market in all cases, as people who plan to use the DIN EA will mostly run it and forget about it. ( in a way idiot proof - thats my target) I hope this point is clear, We want to see the good and bad ( if any) results, so pls run the EA for a week or so (turn it off on weekends ) and show the results, don't try to show off its not important in this thread Last edited by MiniMe; 03-08-2007 at 11:19 AM. |
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Weakends run was a joke, Mr Mini I have some pretty good results for Din 2.4 on jpy currencies today again (half day), will publish them later euro |
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I started running this ea on demo about two days ago. It did good the first day but now is in the negative. I am running the nine pairs mini me posted. I am wondering if you guys have noticed that it seems to do best on the european market. It was in a heavy drawdown (25%) last night but has since recovered almost back to even since I woke up. I am wondering if maybe we should only run it on the european session?
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My trading results for today 7-12 am GMT. JPY pairs performed well.
At some point all the trades were in profit. I had to turn off my pc at around 12 so closed a couple of trades maually. The first (highlited) trade would go into red - loss, as TP wasn't reached and GBP/USD went down afterwards. Last edited by european; 03-08-2007 at 05:44 PM. |
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European You really like big stuff don't you, big demo account IMAX screen shot. can you please show the results only, if you don't know how to do it, then its ok Last edited by MiniMe; 03-08-2007 at 05:36 PM. |
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Well I had similar idea. Do not EVER loose profit when you reach it. So I put TP high in the sky, and tried different settings for trailing SL. Option 1: - Set SL to 50 (after open, you not loose a trade on first retracement. Gives the EA chance and space to breakeven) - trailing stop wait to trail set to small value eg: 5 So when you have 5 pips of profit, SL sticks 5 pips away. So you can win much when trend is strong. When it goes other direction you take almost max profit thanks to near SL Problem is that when you loose on initial SL (e.g. 50) you loose much. The result for today's tests is loss. Option 2: - Set small SL eg, 5 pips - Set trailing stop to trail immediatelly I'm just checking it. The idea is that if signal is good you will never loose profit. If its wrong you loose not much. So overall you win depending on quality of signals. What is the problem with using these concept with EA is that when SL is reached and signal is still present the EA places order again. So you usally loose on spread. I think that it would be good idea to either: - wait with opening next order until new signal is generated - or wait a little bit and see few next ticks E.g.: when the previous was LONG and stopped on SL. Wait to see few ticks to confirm the signal -> try to open again with price lower than previous SL. However if you see that strong trend up continues, open again even higher than previous SL. What do you think? q_JAK Last edited by q_jak; 03-08-2007 at 05:50 PM. |
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