I think I forgot to mention that it was developed on a 15 minute timechart.

autumn

Viddy these trades with EA on usdjpy today. I started the EA late last night so it may have missed some action earlier on Sunday evening. One of the trades is a rogue, it seems.

autumn

here is the chart

Attached Images

usdjpy26nov6pm.gif (28.1 KB, 755 views)

Looking at the chart... what trade was "rogue" and why?

I will try to run a little test and see if it looks the same as this chart... What is the time/price you got for entry & exit?

Okay, Autumn, I tried to run it, but cannot get the same trades you did.. cannot get the long one shown because it is still in a long trade from the green arrows prior to that. So I'm not sure how you go that trade. Same for the short... my chart gets the short signal, but is still in that long until two candles later. What broker?

Thanks,
-Derk

Hi Derk,

The rogue was the one (actually 2) that went in at 11 a.m. on the 26th. Here is the report if it is of any help. The current trades (why are there two) are going negative and should have exited while positive, I believe.

autumn

Attached Files

Nov26Report.htm (5.9 KB, 72 views)

Sorry, they were rogue because they occurred when the HA was inside the PAC. Why did this happen?

Hi Derk,

It seems to me that this should not have happened. Can you imagine what the cause is? Producing all kinds of errors in the log as below.

autumn

2007.11.26 23:24:53 LibOrderReliable GBPJPY,H1: OrderSendReliable v1_1_3: attempted OP_BUY 0.05000000 lots @224.63000000 sl:0.00000000 tp:225.63000000
2007.11.26 23:27:35 LibOrderReliable GBPJPY,H1: OrderSendReliable 2007.11.26 23:28:17 LibOrderReliable GBPJPY,H1: OrderSendReliable v1_1_3:failed to execute OP_BUY/OP_SELL, after 0 retries

Attached Images

usdjpy26nov11pm.gif (29.7 KB, 737 views)

Autumn:

A very nondescript error; don't know why it is happening. Regarding "rogue" trades, yes, you are right... Except keep in mind that the EA/Ind now signal trades when the HA first moves beyond the PAC, not when it closes, so if the HA candle moved past the PAC and then back, it could explain it. Still, seems fishy. Again, what broker?

The broker is FXDD. See the report I posted earlier. It seems to me that the trade should not trigger until the bar closes, otherwise you could have all kinds of anomalous behaviour. I had an issue with this in the MT group. It seems prudent to fill the bar if this does not introduce too much lag.

How do you explain the duplicate trades?

autumn

Hi Droogie Derk,

If you would like to incorporate a very effective volume based indicator into the EA you might consider using Force. I suggest the following:
put a 13 period Force Method EMA Price Typical in an array
run a 2 period MA (exponential) and a 13 period MA (exponential) on the array
run a 13 period exponential Standard Deviation on the array
Trade when 2MA is above/below 13MA and both moving in same direction, plus STDev above a value to be determined empirically.
(Alternatively, you can omit the 2 period MA and use the raw 13 period Force in its place, since there is not much difference in the values.)
You can optimize on the MA periods and STDev threshold. However, the array seems to slow backtesting and optimizing down terribly, and you might have to settle for visual estimates.
This combines price/volume/volatility in one indicator and does so with very responsive action.

Please be aware that I am not a programmer, and am only tinkering with indicators and signals to find optimal trading rules.

Let me know your thoughts, and I'll send you the code if you wish. I hope this helps.

autumn