Personally I have tried several method to scalp this pair, but the end I realize that the most working idea is just the trading time. I just use 20 period WPR to trigger the entry and make sure the distance between current price and MA (50) is not less then N + Spread where N can be our minimum target. Of course in fact our trade could be placed higher/lower because it must executed while WPR showing Overbought/Oversold value.
The last filter is 50 Period CK_Speed indicator,same period with MA. You can test to use any other indicator, but may be you can start without using any indicator, and show the result.
Here are the list of external variables that EA use, mostly it has the same variables with EUROCROSS Version, except the list below:
To protect us going to deep hole we can tell the EA to stop working and close any open position
extern int NumberOfLoss =2;
extern bool TradeAfterLoss=false;
extern bool CloseAllPositionAfterLoss=true;
extern bool Turbo=falseThis is usefull if you set your MaxTradePerPosition = 4.
extern bool ContinuesTrade=false Not repeating same trade that make a loss.
extern int MaDinstance=2; Try Optimize this value
Mostly the list variable below is working if MaxTradePerPosition is 4
extern int AveragingStyle=0;
extern int SpreadMultiplyer=1;
extern int FixedAveraging=6;
extern int AtrPeriod=5;
Tuesday, June 2, 2009
Risk Warning
Please note that Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don't trade with money you can't afford to lose.
6 komentar:
Unfortunatelly I can't make test in vS eurgbp f01.Test start and stop after first complited order.Is teher anybody with the such problem?
Especially test can't moving forward after first executed trade :(
Do you see any error in your journal?
:) So interesting, in my second trying VS f01 run without porblem, no errors in journal.Sett are default, no changes.I run on 15m tf, is that correct tf or must to switch to 5m?
I designed it to run on 5 min chart. I am not so sure it's profitable in backtesting on 15 M chart.
Now I trying to make tests on 5+15m tf.Will send you an e-mail soon on behalf name frx1234.
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