I cannot comment on that, I am running 8 pairs. image I see you have other indicators. I only run FX Rogue Wave on two instances of MT4 on a dedicated PC that does nothing else but run MT4. One for manual and one for Auto. No PC issues.

(binned per thread starter’s request) FX Rogue Wave 6.0

Now there is a new recent high and recent low and both are outside my target levels. So, I click the Start button and see if the price will head towards one of those target points. The red sell line is offset from the most recent ranging of the past ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Its time like this that I enjoy the manual trade start and stop buttons. Grabbing small wins here and there. I don't HAVE to let the EA run its course, just start the EA, grab a few pips on a small price movement, then hit STOP to close the orders ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Clicked the START button to see if I can catch a retrace. image Price came back a bit, more like a mini reversal. So I clicked the stop button and grabbed about 12 pips. image

(binned per thread starter’s request) FX Rogue Wave 6.0

Wow, just caught something on USDJPY.

(binned per thread starter’s request) FX Rogue Wave 6.0

USDJPY just closed in 4th order. image Now starting another manual sequence. image Note the BUY Target is within the previous range.

(binned per thread starter’s request) FX Rogue Wave 6.0

Knowing the volatility of those pairs, I would also assume at least a 40 pip channel. I will add them to my next test.

(binned per thread starter’s request) FX Rogue Wave 6.0

Channel size also has a lot to do with the volatility of a specific pair. Next week, I will do same test with 40 pip chart.

(binned per thread starter’s request) FX Rogue Wave 6.0

I have completed a 2 year back test on 90% MQL Tick data. Start time - All - 24 tests per pair OrdersInSequence: 8 InitialOrderValue: .01 RecoveryMultiplier: 2 ChannelSize: 30 StopLoss: 29 TargetMultipler: 1 TrailingStopBeginLevel: 30 ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Yes, please turn auto trade off to use manually. It should not allow the start button to be clicked if auto trade is on. BTW, The EURJPY did reverse, but entered a new range, so I just scalped a few pips off of it by clicking to STOP button. image

(binned per thread starter’s request) FX Rogue Wave 6.0

Here is an example of a manual start on the EURJPY. I just clicked the start button. image Note the channel does not have a recent ranging pattern within it and the sell target is before the previous low of the recent downtrend. If price reverses ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Oh I agree. But, I didn't design it for most people. I designed it for me. Time has proven to be a valuable indicator, but I look for trade setups to use manually also. And since all one has to do is click a start button. I have made ...

(binned per thread starter’s request) FX Rogue Wave 6.0

update 5 was for the sole purpose of providing code to allow me to share a demo copy.

(binned per thread starter’s request) FX Rogue Wave 6.0

And, yes you are absolutely correct that the sequence example is a 1 pip gain. But my goal is not pips, but profit. With a martingale, one is not equal to the other.

(binned per thread starter’s request) FX Rogue Wave 6.0

image looks like your closed on order #2 While mine closed on #3.

(binned per thread starter’s request) FX Rogue Wave 6.0

Perhaps in a later version, multiple time based entries may be possible. Initially, I left the time function in as a back test function. It was not until I start seeing consistent patterns is why I left it in.

(binned per thread starter’s request) FX Rogue Wave 6.0

That is where the martingale comes in. If the RecoveryMultiplier is set at 2 which is default. Using your example. If order #1 closes at stop loss, you lose 29 pips at .01 lots. Approximately -$2.90 loss. The second order is at .02 Lots for 30 pips ...

(binned per thread starter’s request) FX Rogue Wave 6.0

No worries! I have default to 8 order in sequence. But can be any number from 1 to infinity. Just remember, the more orders in sequence, the more equity you need. Likewise, the less orders, the less equity. More orders is sequence, lower probability ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Thanks jdva! I am testing GBP pairs as well. Once channel is locked in place either by pushing start button or time. The sequence takes as long as it takes. Could takes several candles or all happen in 1. Or a day or two. On full auto, it will only ...

(binned per thread starter’s request) FX Rogue Wave 6.0

Good morning JDVA! Thank you for your comments. The time can be set by the user. I just chose the top of the hour to start somewhere. It can be set for 10:10 or 10:06, etc. I am testing on EVERY hour, 24 tests for each pair in order to see pattern ...

(binned per thread starter’s request) FX Rogue Wave 6.0