Forex
Google
New signals service!

Go Back   Forex Trading > Trading systems > Martingale/Average Cost and Hedging


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack (51) Thread Tools Display Modes
  #1011 (permalink)  
Old 05-02-2008, 02:45 AM
Senior Member
 
Join Date: Sep 2007
Posts: 270
jturns23 is on a distinguished road
Thanks because the bottom is a different indicator. It's the ToR indicator, found here: ToR 1.02 - Trending or Ranging
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1012 (permalink)  
Old 05-02-2008, 09:24 AM
Junior Member
 
Join Date: Mar 2008
Posts: 23
montedoro is on a distinguished road
Enforcer, OpenOnTick is not working, I think you just disabled it. Can you please enable it for me. I cannot test my Break-Out strategy. Now when ReverseDirection=false there is no difference if OpenOnTick=0 or =1, The orders are being placed in wrong way: 1st - 0.1 lot, 2nd is in worse position but the lots are 0.2, 3rd is in more worse position than 2nd but the lots are 0.3 and etc. It mean OpenOnTick not working now. Thanks in advance.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1013 (permalink)  
Old 05-02-2008, 12:52 PM
Senior Member
 
Join Date: Dec 2007
Posts: 264
Enforcer is on a distinguished road
Quote:
Originally Posted by montedoro View Post
Enforcer, OpenOnTick is not working, I think you just disabled it. Can you please enable it for me. I cannot test my Break-Out strategy. Now when ReverseDirection=false there is no difference if OpenOnTick=0 or =1, The orders are being placed in wrong way: 1st - 0.1 lot, 2nd is in worse position but the lots are 0.2, 3rd is in more worse position than 2nd but the lots are 0.3 and etc. It mean OpenOnTick not working now. Thanks in advance.
I never touched that function as it didn't seem to do any job, I set it to 0 and never bothered with it, if you don't believe me just compare code with old versions.
About templates and fancy indicators, they are ok for manual trading, what I need is something that feed data for automatic use.
Anyway, more likely we need a combination of indicators.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1014 (permalink)  
Old 05-02-2008, 01:42 PM
sivach's Avatar
Senior Member
 
Join Date: Jun 2006
Posts: 108
sivach is on a distinguished road
Hi Enforcer, above all indicators, there is a very important indicator - the price itself. So, when we close a bunch of trades for a tiny amount of profit target of 1, 2, or 5 dollars, most cerainly we are closing all these trades at the very beginning of a trend just started in our favour. Imagine we close only a few pips more in our favour - for the total lot size we have now, profit take will be much more. So, if we introduce a profit trailing feature, that will maximise the profit taken as much as possible, that will also postpone the start of the next cycle as well and reduce trade levels.

So, please introduce,

External variables
1/ Profit trailing - true or false
2/ Profit trailing start = x dollars
3/ Trail percentage of profit = y%

Certainly this will enhance pipmaker in my view.

Hope you see my view and I request you to introduce this feature, and thanks for your work always.


Quote:
Originally Posted by Enforcer View Post
I never touched that function as it didn't seem to do any job, I set it to 0 and never bothered with it, if you don't believe me just compare code with old versions.
About templates and fancy indicators, they are ok for manual trading, what I need is something that feed data for automatic use.
Anyway, more likely we need a combination of indicators.

Last edited by sivach; 05-02-2008 at 01:46 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1015 (permalink)  
Old 05-02-2008, 01:55 PM
Senior Member
 
Join Date: Dec 2007
Posts: 264
Enforcer is on a distinguished road
I was thinking about this some time ago, but there is a problem.
It may be beginning of a trend and keep positions open may lead to great profit, but many times is just a retrace big enough to save our a$$, so, in this case, keeping positions open is suicide..
How to tell when is a situation or other?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1016 (permalink)  
Old 05-02-2008, 02:04 PM
sivach's Avatar
Senior Member
 
Join Date: Jun 2006
Posts: 108
sivach is on a distinguished road
I suggest,for example, instead of takefrofit 1 or 2 dollars, we input take profit of 2 or 3 dollars and trailing profit set to true and trail percentage of profit set to 50%, so, nothing is changed much in take profit, so, if the trend is in our favour, profit will be trailed, otherwise, if that is a retrace only, the trail profit percentage will lock and close all trades with our minimal take profit (50% of 3 dollars). So, even if that is a retrace or change of new trend, both way we are protected, please suggest if you see anything good or bad in this idea. If we are very coservative we can even set the trailing profit percentage to 90%. Thanks.
Quote:
Originally Posted by Enforcer View Post
I was thinking about this some time ago, but there is a problem.
It may be beginning of a trend and keep positions open may lead to great profit, but many times is just a retrace big enough to save our a$$, so, in this case, keeping positions open is suicide..
How to tell when is a situation or other?

Last edited by sivach; 05-02-2008 at 02:10 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1017 (permalink)  
Old 05-02-2008, 02:09 PM
Senior Member
 
Join Date: Dec 2007
Posts: 264
Enforcer is on a distinguished road
I had some pieces of code written for global trailing somewhere, but was made to work on percents of balance, I'll see how to fit in PipMaker.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1018 (permalink)  
Old 05-02-2008, 02:15 PM
sivach's Avatar
Senior Member
 
Join Date: Jun 2006
Posts: 108
sivach is on a distinguished road
Thanks Enforcer, Really this will give pipmaker a new boost not just only in profit take, - weather you use reverse signal or any other variation of pipmaker, but also in reduced progression, I truely believe that. Looking forward to your valuable help.


Quote:
Originally Posted by Enforcer View Post
I had some pieces of code written for global trailing somewhere, but was made to work on percents of balance, I'll see how to fit in PipMaker.

Last edited by sivach; 05-02-2008 at 02:18 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1019 (permalink)  
Old 05-02-2008, 02:19 PM
Senior Member
 
Join Date: Dec 2007
Posts: 264
Enforcer is on a distinguished road
Ok, let me finish my coffee and I'll start to dig up for that code
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #1020 (permalink)  
Old 05-02-2008, 02:22 PM
sivach's Avatar
Senior Member
 
Join Date: Jun 2006
Posts: 108
sivach is on a distinguished road
Take your time Enforcer, thanks again and again, have a nice weekend.


Quote:
Originally Posted by Enforcer View Post
Ok, let me finish my coffee and I'll start to dig up for that code
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Tags
adaptive RSI, forex tsd, forex-tsd, Pipmaker, pipmaker ea, pipmaker forex, PIPMAKER V15, tsd forex, pallada, price action, PipMakerV5aNeo, i_Trend.ex4, price action ea, pipmaker 9-1, forex pipmaker, PipMaker mq4, pipmaker v9

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

LinkBacks (?)
LinkBack to this Thread: http://www.forex-tsd.com/martingale-average-cost-hedging/8126-pipmaker-v1-price-action-based-ea.html
Posted By For Type Date
Bless EA [zmodykifowana] This thread Refback 09-09-2008 09:53 PM
Bless EA [zmodykifowana] This thread Refback 08-17-2008 04:23 AM
Bless EA [zmodykifowana] This thread Refback 08-06-2008 08:05 PM
Bless EA [zmodykifowana] This thread Refback 08-06-2008 10:53 AM
Bless EA [zmodykifowana] This thread Refback 07-29-2008 12:07 PM
Per tutti: Expert Advisor/Strategia da valutare - Forex Forum This thread Refback 06-26-2008 09:37 AM
FX扑旦氾丞玄伊□玉憤がыъ撢薨撮 Post #1021 Refback 06-24-2008 02:16 PM
FX扑旦氾丞玄伊□玉憤がыъ撢薨撮 Post #1021 Refback 06-14-2008 04:09 PM
丟正玄伊□母□分丑〞﹛ 200805 This thread Refback 06-06-2008 03:17 PM
Per tutti: Expert Advisor/Strategia da valutare - Forex Forum This thread Refback 04-15-2008 12:39 PM
^g!@SXX: PipMaker This thread Refback 03-28-2008 02:42 AM
^g!@SXX: tEA!! This thread Refback 03-26-2008 12:06 AM
^g!@SXX This thread Refback 03-25-2008 11:15 PM
Expert Advisor | Forex MetaTrader Expert Advisors | Over 40 of the Best EA's for MT4 on Squidoo This thread Refback 03-14-2008 04:32 AM
Expert Advisor | Forex MetaTrader Expert Advisors | Over 40 of the Best EA's for MT4 on Squidoo This thread Refback 03-09-2008 07:41 PM
Expert Advisor | Forex MetaTrader Expert Advisors | Over 40 of the Best EA's for MT4 on Squidoo This thread Refback 03-07-2008 02:31 AM
≠MT4∞MetaTrader Part8≠丟正玄伊□母□∞ - MetaTrader引午戶Wiki This thread Refback 02-24-2008 06:14 AM
ゞ堣吨韝リ滮咫韝リ漶式式再ll you need is TREND〞﹋移鎖﹌ This thread Refback 02-23-2008 08:51 PM
Per tutti: Expert Advisor/Strategia da valutare - Forex Forum This thread Refback 02-23-2008 11:01 AM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-21-2008 12:27 AM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-13-2008 06:28 AM
TSD及白巧□仿丞尺及伉件弁 | 1坳晚井日杴隙允葆鳳莢汊 This thread Refback 02-09-2008 09:35 PM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-08-2008 01:34 PM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 15 - Sarmaye Forums This thread Refback 02-08-2008 01:18 PM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-07-2008 12:16 AM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-06-2008 03:30 PM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-06-2008 07:43 AM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-06-2008 06:23 AM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 16 - Sarmaye Forums This thread Refback 02-06-2008 06:03 AM
200801 ゞ堣吨韝リ滮咫韝リ漶式式再ll you need is TREND〞﹋移鎖﹌ This thread Refback 02-03-2008 08:40 AM
Per tutti: Expert Advisor/Strategia da valutare - Forex Forum This thread Refback 01-31-2008 07:00 PM
ゞ堣吨韝リ滮咫韝リ漶式式再ll you need is TREND〞﹋移鎖﹌ This thread Refback 01-30-2008 07:57 AM
20080116 ゞ堣吨韝リ滮咫韝リ漶式式再ll you need is TREND〞﹋移鎖﹌ This thread Refback 01-27-2008 12:50 PM
塈琠堻椈堭堛塈 堻堹堹 !!! - 媯堶 15 - Sarmaye Forums This thread Refback 01-22-2008 08:16 PM
ゞ堣吨韝リ滮咫韝リ漶式式再ll you need is TREND〞﹋移鎖﹌ This thread Refback 01-18-2008 05:43 PM
ゞ堣吨韝リ滮咫韝リ漶式式再ll you