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ForexScotty replied Mar 19, 2018BTW - that reminds me. Hi Arby - last night I noticed a good run on the GBPJPY that the 3 indicators were correlated for almost 4 candles before the trade took place. I am assuming spread or slippage. Are there any other filters in 1.3 than the CCI, ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 19, 2018Look at the charts with the 3 indi's. There is almost always a continuation of price following a correlation. May only be a couple candles, but profit is profit and the best way to make pips is to not lose pips.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 19, 2018Running with and without the Smoothed HA. The Smoothed HA has better entries than the MT4 HA. But, letting the EA wait until Smoothed HA color changes gives up too many pips.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 19, 2018From the EA on it's own. I have not seen any yet. But the only thing confirmed in my mind is the entry algorithm of the 3 indicator correlation. How far to let the trade run before collecting your pips is still up for debate. As I mentioned earlier, ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 19, 2018I suppose a Martingale can be viewed in different ways. But my view has always been simply to double your bet after a loss. It has nothing to do with the trend. This has been debated countless times and unless the thread deems otherwise, I do not ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 18, 2018I had similar results with EURJPY. Smoothed HA as an exit, may not be the best for this. But, I am sure others are also testing. I did notice that it gave up a lot of pips and by the time the Smoothed HA changed color, it had given back what it had ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 18, 2018Hi Arby! Just curious, when adding the smoothed HA, is the entry rule using it or the MT4 HA?
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 18, 2018Just an idea - but if people who are back testing post their settings and results so we can see what has been tested, might save some duplicate effort and focus future effort. Maybe we can establish trend-friendly pair, TF, and length of back test ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 18, 2018Possibility. Sounds like a martingale. And, everyone who has followed my work knows I have been attempting to control the marty for years with some luck. But not stable in the long term. Might take a month, a year or years, but a long streak of ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018No worries Arby - I have added the EA and indicator to post #1.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Thanks cfudge - welcome! I really like your comment that "You got me thinking yesterday". That is what collaboration does, we are not using the same old assumptions and actually starting to look at the charts. When we do that, we start to see ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Thanks Arby, not sure if I have a setting wrong, but with SignalCLose = TRUE, trades are closing immediately. image image
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Note to all: The EA uses points, not pips - correct Arby? For a 20 Pip SL, enter 200
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Arby! Let me be the first to say THANK YOU for your work. Whether the concept has value or not, I want you to know that I appreciate your being part of the thread!
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Here is a question - And no, I am not having delusions of grandeur here... Some of my designs have produced hundreds of pips per day, but they were never stable enough to go live with. Would an EA that was stable and does the same cause issues with ...
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Good point, to date, I have been using MT4 HA which has no parameters.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018What do you think Arby? Can we add the smoothed HA? And close open order on chart when there is a candle change? That would be back test-able.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Definite possibilities, and if the Smoothed HA color change was used as an exit, could have had 2 winning trades in that series.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018BTW - You are very welcome to be part of the project! I wanted this to be a collaboration of FF folks to bring different viewpoints and ideas to a project that many can hopefully gain from.
Looking for an EA to test my theory - TBA ForexScotty's EA
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ForexScotty replied Mar 17, 2018Thanks JDVA! What does everyone think about the smoothed HA instead of the MT4 HA? Better for filtering trade entries or exits?
Looking for an EA to test my theory - TBA ForexScotty's EA