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There is a bug in that the EA often closes trades as soon as they are open. And the exit needs work.
If one of the other programmers has the time, maybe they can help find the bug.
This ea is based on the original method of entering a trade as soon as an arrow apears on the zigzag line.
This definitely could use a filter that is correct when the arrow appears. I am considering adding Stochastic and RSI. John Murphy, author of Technical Analysis of the Financial Markets, recommends using both together for better confirmation.
Robert
Bug fixed, does not close trades until valid signal for close.
Next will add Stochastics, RSI amd MoneyFlowIndex filters.
Any other suggestions?
Bug fixed, does not close trades until valid signal for close.
Next will add Stochastics, RSI amd MoneyFlowIndex filters.
Any other suggestions?
Robert
Hi MrPip ( Robert ),
Thank you for you have done Sir'. And Sir', With this version ( V_21 ) that your Bug fixed and you want to get the next progress ( Add Stochastic, RSI, etc; ) like you said, what Specific Different ( I mean the logic ) with V_41 that you have done release ???
Bug fixed, does not close trades until valid signal for close.
Next will add Stochastics, RSI amd MoneyFlowIndex filters.
Any other suggestions?
Robert
Yes I have a suggestion to add to the EA.Something to stop the arrow moving to the next bar
So the last long trade was on the 17th of August on H4 GBP/JPY?Over a month ago?Are you out of that and now been no trade since 29th August?
__________________
No
Last edited by kjhfdgjfhdghdf; 09-20-2007 at 01:28 PM.
You read my mind.
I should have that finished later today.
Default will be to only use nonlagdot for entry.
I will also test the best exit and set what works as default. Looking at the chart I think it might be QQE. Sometimes nonlagdot causes an early exit while QQE keep you in the trade.
today i testing with AUD/USD using live account
- i'm fail ...but fail coz of me ...dont check all indicator n line S n R before enter market ...loosing 47$ only
so now i'm enter second one ...n already trail with profit ...4 pips
Thank you for you have done Sir'. And Sir', With this version ( V_21 ) that your Bug fixed and you want to get the next progress ( Add Stochastic, RSI, etc; ) like you said, what Specific Different ( I mean the logic ) with V_41 that you have done release ???
Thank's for your kindness Sir.
Best regards,
ningtyas
The bouncingPipEA_BigBear21 uses the original method by opening a trade as soon as an arrow appears.
The bouncingPipEA_mPowerV41 trades on closed candles with a delay until the requested filters give the OK to trade.
The new version 22 attached has filters for MFI, Stochastics and RSI. Backtest on GBPUSD showed only RSI and Stochastics together to finish with a small profit. All other combinations showed loss with no filter showing the most loss.
The test was run with 50 stoploss added to high or low of trigger candle on 1 hr chart.
The bouncingPipEA_BigBear21 uses the original method by opening a trade as soon as an arrow appears.
The bouncingPipEA_mPowerV41 trades on closed candles with a delay until the requested filters give the OK to trade.
The new version 22 attached has filters for MFI, Stochastics and RSI. Backtest on GBPUSD showed only RSI and Stochastics together to finish with a small profit. All other combinations showed loss with no filter showing the most loss.
The test was run with 50 stoploss added to high or low of trigger candle on 1 hr chart.
Robert
Hi " Mrpip" ( Mr. Robert ),
Thank you for quickly respon to answer and explained.
The other question is :
1. with your exploring this system ( The bouncingPipEA_BigBear21 and The bouncingPipEA_mPowerV41 ), did you want to maked different result each other system and the end giving the best suggest from to using the better way use this system from basically method " the Bouncing ". ( I know you are the one's the GREAT Man in this thread and this forum ).
2. from The bouncingPipEA_mPowerV41, in logic your system, are you using " AND" condition or just one condition for looping and get the filter ??? ( pls forgive me if I wrong to say about perseption program language )
Thank you " Mrpip " ( Mr. Robert ) for your kindness.
I haven't added anything to this thread in a while, I have been testing exit stategies extensively. THE BEST EXIT INDICATOR IS THE BBRSI&MA attached. Everyone add this to your charts, any pair, any tf. I'll include some pics later. For now, just test it and see what I'm talking about. Adding it to this EA would make it unstoppable. It would be the only indi required for EXITING a position.
Quote:
Originally Posted by MrPip
Bug fixed, does not close trades until valid signal for close.
Next will add Stochastics, RSI amd MoneyFlowIndex filters.
Any other suggestions?