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This actually is a positive confirmation for the Pyramid = true method.
ES
P.S. But do not get rid of the counter trend choice just yet in the code...as you can use it in "Long-Only" or "Short-Only" applications when you are confident of the Long Term trend direction or your favorite lagging-indicator entry.
Quote:
Originally Posted by wolfe
I like how it works with pyramid true, and LastEntryFilter true.
I DO NOT like the setting of pyramid false, and LastEntryFilter true. Be aware of this setting! I think it could hurt.
Last edited by ElectricSavant; 02-27-2008 at 02:04 PM.
All seems to work good so far. But I noticed, after restarting PC or MetaTrader platform, the previous trades are not properly recognised and trades not executed continuosly as supposed to be, maybe I am wrong here. This is a very important issue - if a shutdown, or changing pc (with the same preset file of course), in the middle of a cycle.
For example, I have seen some other EAs do this flawlessly - eg: pipmaker. Please could someone test this and confirm, I think wolfe has a global solution for this matter.
Just when I write you off as an old demanding trader...you come up with posts that just blow me away...I later discover what the hell you are talking about...
I am going to read your posts more thoughtfully from now on.
Please be patient with me as I must catch up to what you post and it can take a while. Meanwhile please keep working with wolfe and do not let me slow down progress.
Thank you for your indulgence with all these side trips(but it actually removed stress from wolfe as he would have had many readers asking for "this-and-that" when he just cut-to-the chase and presented an "open-architecture" model for all to appease their curiosity with).
ES
Quote:
Originally Posted by kayvan
with this one ,you can have a back test , of it`s previous signals.
Last edited by ElectricSavant; 02-27-2008 at 02:49 PM.
The market is being rather kind to the Last_Entry_Filter method just now...up 1.5% in 12 hrs....I like the maximizing logic of the WFM ("wolfe floating MM")
but if I remember correctly ...I went on a 10-day winning streak with the "H1 Cable kayvan" before one single maxtrade event wiped out all that work...
ES
Last edited by ElectricSavant; 02-27-2008 at 02:55 PM.
The maxtrade wouldn't have happened if it was a last entry filter setup, because obviously the trades were loaded unnecessarily both sides quickly, IMHO. So, with the last entry filter setup, reaching maxtrades may be less.
Because, kayvan's method looks for breakouts - so last entry filter and pyramid are important.
Quote:
Originally Posted by ElectricSavant
The market is being rather kind to the Last_Entry_Filter method just now...up 1% in 12 hrs....I like the maximizing logic of the WFM ("wolfe floating MM")
but if I remember correctly ...I went on a 10-day winning streak with the "H1 Cable kayvan" before one single maxtrade event wiped out all that work...
indeed...TY
ES
P.S. Even the M5 traders can use it.
Quote:
Originally Posted by sivach
The maxtrade wouldn't have happened if it was a last entry filter setup, because obviously the trades were loaded unnecessarily both sides quickly, IMHO. So, with the last entry filter setup, reaching maxtrades may be less.
Because, kayvan's method looks for breakouts - so last entry filter and pyramid are important.
Last edited by ElectricSavant; 02-27-2008 at 03:36 PM.
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