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.

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this is an indicator based on Tom De Mark rules.

Attached Files

Ind_TD_DeMark_3_1_LA_Mod_03B_AIME.mq4 (21.6 KB, 39 views)

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.

with this one ,you can have a back test , of it`s previous signals.

Attached Files

Ind-TD-DeMark-3-1_eng.mq4 (14.8 KB, 27 views)

kayvan,

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

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ElectricSavant Challenge™ (Ends 10/09/08)

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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

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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.

When News-Traders get their hands on WFM...gawd help us

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indeed...TY
ES
P.S. Even the M5 traders can use it.

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This is the setfile I am playing with in M5 Cable. If any of you can improve it please share!

Start_Lot_Size=0.10000000
Lot_Size_Increment=0.10000000
Long_Short_Balance=0
Balance_Weight=0.10000000
Double_Lotsize=1
Choose_Own_Progression=0
Trade_1=0.00000000
Trade_2=0.00000000
Trade_3=0.00000000
Trade_4=0.00000000
Trade_5=0.00000000
Trade_6=0.00000000
Trade_7=0.00000000
Trade_8=0.00000000
Trade_9=0.00000000
Trade_10=0.00000000
Trade_11=0.00000000
Trade_12=0.00000000
Trade_13=0.00000000
Trade_14=0.00000000
Trade_15=0.00000000
Trade_16=0.00000000
Trade_17=0.00000000
Trade_18=0.00000000
Trade_19=0.00000000
Trade_20=0.00000000
Max_Trades=9
Close_All_Max=1
Pyramid=1
Auto_Restart=1
Use_MA_Entry=0
Next_Trade=20
MA_Period=7
MA_Timeframe=60
Use_Kayvan_Method=1
Bar_Timeframe=5
Bars_Look_Back=1.00000000
EntryLag_Long=2
EntryLag_Short=2
Last_Entry_Filter=1
Use_Trailing_Stop=1
Trail_Start=2.00000000
TSLoss_Percent=50.00000000
Close_By_Percent=0
TP_Percent=5.00000000
SL_Percent=10.00000000
Close_By_Profit=99999.00000000
Close_By_StopLoss=99999.00000000
Slippage=2
Number_Of_Tries=5
Sound=1

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ElectricSavant Challenge™ (Ends 10/09/08)

Live Portfolio (This takes a while to download as it is a big excel spreadsheet)