Here is an explanation of the parameters relating to the trading system. For parameters associated with Money Management you can see into VS_PipsCola_D01 Money Management Parameters. Similarly, the parameters associated with the Trading Time, you may refer to VS_PipsCola_D01 Trading Time Parameters.
MaxProfit = 10, this parameter is similar with vs_eurocross has. This parameter serves to set the maximum profit in pip value.
MasterPeriod = 3; this parameter set period of keltner channel on the Time Frame H1.
SignalPeriod = 12;
ChannelPeriod = 11;
I think if you want to optimize VS_PipsCola_Y01, then just just optimize these two parameters. However for a complete optimization, you can also optimize the MinRangePerTrade and MasterPeriod parameter.
PipAfterFractal = 2; VS_PipsCola_Y01 using fractal trailing stop. This parameter controls how many pips pips from the fractal the stop losses is placed. And You need to know trailing stop is activated only after trading hours passed.
I think it's just that I need to explain. Since all other parameters similar to those in VS_PipsCola_D01.
Sunday, December 5, 2010
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.
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