Trailing stops for P6 now have the following options:
Tight - TS can be much closer to current price after waiting.
Delayed - U_DelayTS, number of pips to wait before activating TS
Sliding - U_MoveTPonTS, slides TP up by 1 pip each time. On by default, hidden in simple mode.
Constricting - Not implemented properly, hidden and off. Intended to reduce TS to minimum allowed value over time.
Scalar - Not yet implemented, intended to allow automatic calculation of TS and DelayTS values.

When using Tight, Delayed, Sliding Trailing stops, the average profit increases rather than decreases. Normal Trailing Stops missing any of these properties tend to have lower average profit.

U_BreakEvenSL: if a value other than 0 is set, this many pips will cause the SL to move to the number of pips specified by U_BreakEvenProfit (default 0 means move to break even. A value of 5 means 5 pips profit.) An automatically safe value is chosen for your broker if the values are too close.

Signal 5 is similar to RSI R2 EA, I recommend using this on long term data like Daily if it is used. I added a plain RSI signal as Signal 6 because I like RSI. If normal RSI is used, P_RSI_Period should be between 2 to 20.

Please test and let me know if there are any errors. I'm currently using P6 close to profitable levels, and the use of these trailing stops should make it profitable since the incoming signals are predicted well but missed the TP several times. Please enable TS when testing P6 B3.

I still need some live testing on the Time Filter, which is Filter2. (Off by default)

It seems that the new settings are not trading in a tight channel, but this will require more testing. GBPUSD settings need a separate filter to avoid trading a tight channel and I plan to add it soon.

Thanks for testing!

Attached Files

	Phoenix6 Advanced Beta3.mq4 (35.1 KB, 246 views)
	Phoenix6 Simple Beta3.mq4 (32.7 KB, 192 views)

The broker time is used. I set it to start on Monday at 12am by simply preventing all Sunday. (broker time Sunday) The Friday time should definitely be adjusted for the broker.

wujun, while many people have reported trading P5 live profitably, P6 still needs alot of testing, may be a good idea to trade P6 in demo first before going live. Just my 2 cents.

I'm using the basic code template in 3 EA, and then updating features in all 3 if I notice a better way to do something. We've had no bug reports on P6 at all. Either we're doing something very right and very lucky, or people aren't testing.

P6 is profitable on USDCHF both long and short term with these settings. Live tested 1 week at a profit, but the profit would have been higher if I turned the trailing stops and breakeven options on sooner.

Attached Files

p6b3 ts usdchf m15 tp40sl40.set (5.7 KB, 120 views)

Hi,Daraknor,
I think the Time Filter can't work.P6 sold usdjpy at 17:52 04/20/2007 in my live account.It should stop trading after 16:00 on the Friday by default set.
Snap1.jpg

Very interesting my friend.

The time filter is P_EntryFilter2On - as you can see, it is off by default. I suggest that the Filter and Signal Control Flags are placed right above the individual signal or filter to which they apply. Our esteemed college wujun122 would not have missed this if it was located closer to the signals themselves

extern string     C_Filter2                  = "====== Filter 2: Allowed Time ==========";
extern bool       P_EntrySignal2On           = true;
extern int        U_AllFrom1                 = 0;    
extern int        U_AllUntil1                = 24;
extern int        U_AllFrom2                 = 0;
extern int        U_AllUntil2                = 24;
extern int        U_SunFrom                  = 0;    
extern int        U_SunUntil                 = 0;
extern int        U_FriFrom                  = 0;    
extern int        U_FriUntil                 = 16;