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Interesting stuff! BTW, I'm going to steal a little bit of Goblin II logic for some added protection with this EA....
If you're in a trade cycle that keeps moving against you and you've already exhausted MaxTrades, the EA will place one last hedge order of an opposing order type @ (MaxTrades+1 * LotSize) at a loss barrier 10 pips above/below the last order. The TakeProfit of the last order is increased by an amount equal to the pip cost of the hedge order spread. This is in lieu of taking a stoploss. The EA will monitor the cycle, and when the hedge order comes back to OrderOpenPrice under sufficient velocity, it gets closed and the original cycle is allowed to complete the retracement. If the hedge order continues to move massively in it's counter direction beyond some arbitrary pip interval, we close it and take a small loss on the entire cycle. This should help keep drawdown under control, reduce stoplosses, and protect against giant countertrade moves.
hi , bluto
do you think to introduce the function to manage hedge-order, in goblin-bipolar ?
This is my test on Bipolar version from 12.24.06 with UseFiboLotSizeProgression=1
Timeframe: M15
Pairs: USDCHF, GBPUSD, EURUSD, USDJPY
Broker: FXDD
Starting balance: $5000
Notice progression: 0.1, 0.1, 0.2, 0.6. Shouldn't this be rather: 0.1, 0.1, 0.2, 0.3, 0.5 ...?
Also when UseMoneyMgmt=1 it increases lots with 0.01. Some brokers do not accept that. Can you add option to round those numbers ?
I'm not sure what to tell you on the Fib Progression. That was Tross' baby from the regular Goblin. I simply copied the same code over to Goblin BiPolar. I prefer the regular 10Point3 Martingale lot sizing which is designed to aggressively recover progressive losses in the sequence.
do you think to introduce the function to manage hedge-order, in goblin-bipolar ?
in my opinion this function is necessary for EA.
happy new year, giapel
Yes, I do. For now, I just wanted to see what the interest level was in this EA before I invested any more time in it. I think the jury is still out. I for one like it even better than the regular Goblin. An added hedge feature though would definitely be a nice safety net for this type of EA.
Yes, I do. For now, I just wanted to see what the interest level was in this EA before I invested any more time in it. I think the jury is still out. I for one like it even better than the regular Goblin. An added hedge feature though would definitely be a nice safety net for this type of EA.
hi, i want to unsure yu that my interest to this EA is very high, because goblin has great potential.
I have been having a hard time trying to setup an email alert for this expert.
Sometimes it works great but sometimes it gets stuck in an endless loop.
Maybe someone knows how to resolve this so the email alert will send one alert per buy or sell order.
Thanks
}
} else { L_OrderLotSize=G_OrderLotSize; }
OrderSend(Symbol(),OP_BUY,L_OrderLotSize,BuyPrice, L_Slippage,L_sl,L_tp,"Goblin BiPolar Buy",LongMagicNumber,0,Blue);
SendMail("BUY NOW!!! GOBLIN_BiPolar signal",Symbol()); // My Buy Email Alert
return(0);
}
you should probably copy/paste what error messages you are getting in the journal. since most sendmail probs are smtp mail server probs i'm blindly guessing that is the issue. but copy/paste the journal.
Give me give me your Ea or ....snif snif i will cry :=)
Quote:
Originally Posted by bluto
Yes, I do. For now, I just wanted to see what the interest level was in this EA before I invested any more time in it. I think the jury is still out. I for one like it even better than the regular Goblin. An added hedge feature though would definitely be a nice safety net for this type of EA.
Please don't hesitate to share your Goblin 2.
U are very popular now as Hendricks with its Phoenix one time ago.
Me i have trouble to win with goblin bipolar now but i guess i don't do things well.
Anyway i really enjoy the efforts u, Bluto and others, do for the community.
Now that i have my money back (not by EA but by manual trading on GBPJPY) i will try to use EA again (without losing all like before).
I have been having a hard time trying to setup an email alert for this expert.
Give me give me your Ea or ....snif snif i will cry :=)
Linear Mode
