Ijust started to do forward test wiht GBPUSd 30 m TF. EA opned sell trade at
1.7465 wiht red dot but after 1 bar now that red dot disappeared. i can watch dot up to next bar but it disappeared after finish of next bar.
I have an idea but need some opinion. If we have a vanishing signals, like on attached screen, and we trade on open bar for faster and bigger profits, than we should consider to check the previous bar for confirmation of a trade.
I mean if we went short there, and the signal vanish then we should close that short and wait for position reopen. What do U think about this idea?
It`s not the answer to your question, I know. But I want to show my sight of the chart..
I think it would be interesting to look which way is more profitable and i hope Nick will built an EA with BB stops and more. I think, after 2 weeks we would know which way is `better`. For manuel trading we had to watch 24 hours the charts.
In German we say: A lot of ways are leading to Rom.
A signal can vanquish and reappear many times per period, thus burning through spread pips. Would you propose that after closing a trade, you would wait for next period to begin opening trades again? What if, as a halfway point, we were to enter a trade when the signal is confirmed for X amount of time OR signal 'comes and goes' X number of times?
Can we attache this EA to multipule Pairs same time.
Yesterday i ttached with 5 pairs . it opned trade only for one GBP USD , but i night there were more arrow signals on other pairs chart, but there is not trade opened by EA. Is it because of time filter, Or EA donot work on multiple pairs at same time in same account.
In Poland we say : All the ways are leading to Roma.
I tested it using the USDCHF H1.
Thank you for this EA.I will test it now.
I will test with Lenght1=3;Lenght2=18;Lenght3=25 H1TF...Looking good.
this EA looks good but I have a problem...I attached the Ea, the smile is ok on the screen but no positions are opened.....why???
Backtest of EA
I believe the EA badly needs some filters as I have backtested this EA for 1 year. It has some great potential as it catches all the trends but suffers badly on the non-trending periods (which appears to be the majority of the time).
I have tried with various settings and none prevail. However, if someone has tried something that works, I would be more than eager to backtest those settings.
Sorry it's ok...I thought that EA open position just the arrow appears on the screen...instead it opens position at the next open....
Just a silly idea, but do you think that STI would sufficiently hedge the losses during the non-trending times?