Happy New Year 2011. Hopefully this year to be better than last year. I want to tell you that Pipscola Y version will soon be updated. Similarly, the version of D. But time will not be the same, because I still need a little time to complete the version of D. And I'll send this update to your mail box tonight.
Changes to the version of Y only occurs in an exit rule. In version PipsCola_Y01 exit only determined by the value of ATR (Average True Range) and MaxProfit. So in version PipsCola_Y02 just reinforces that EXIT must be done above and below the Moving Average on the time frame H1.
External Variable PipsCola_Y02
MaTP
To adapt the new exit strategy, I added a new External Variable. The default value of this (MaTP) parameter is 5.
If you want EA always close the all position above / below the MA, then you can set the parameters MaxTP in value as much as possible, say 100.
MinLevel
This parameter set a filter that is owned by PipsCola_Y02. In previous versions, this parameter is hidden. Now you can optimize it. The default value is 0.4.
VS_Pipscola_Y02 use charlotte3.dll library version 1.0.0.2. You have to rename the previous library to make it work on the same terminal.
Backtest result (Spread is 2.8, and some missing historical data in October 2010):
Get Back Your Money
MaTP 5, MaxProfit 10, January 2009 - October 2010
MaTP 5, MaxProfit 10, November 2010 - December 2010
MaTP 5, MaxProfit 100, January 2009 - October 2010
MaTP 5, MaxProfit 100, November 2010 - December 2010
MaTP 10, MaxProfit 100, January 2009 - October 2010
MaTP 10, MaxProfit 100, November 2010 - December 2010
