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Attached are charts with Goblin on John's setting. Handle the strong trend this AM quite well.
Wackena
I don't believe goblin works better on m15 than 1h chart in the long run. Just take a look at the JRSX, change the timeframe and make a comparison. It is obvious JRSX on 1h chart gives a much more reliable signal of direction than on m15 chart.
Maybe, but exact forward test:
M15 big DD, H1 better profit and low DD. ...another day in paradise... reverse.
You are not so much save with maxtrades = 3 than for instance 6 or even 10. In some circumstances this is even more risky than maxtrade 10. I've experienced this today with gbpusd. I have maxtrades = 3 and I suffered some drowdown...But I won't give up
well, but having MaxTrade=3 your negative Float P/L and possible drawdown will be much less than with MaxTrade=10 or 5. Am I right? Besides I've been trading only Eurusd to minimize the risk, since I started with very low capital...
Attached is my statement of results for this morning: I'm using John's settings except for MaxTrades =3 and orderstoprotect =1 (not sure if it matters with acct protect at 0. It only would allow 1 trade open per pair through the run and did not increase lot size above .01.
I think John's setup also did well through the 11/22-23 spike according to previously posted statements.
This ea appears to be dialed in!It would be great if MaxTrade=3 works.
Could you make it clear what setting would only allow 1 trade open per pair through the run. Cause I saw on your statement that more than 1 trade were openned for a single pair.
Thanks
well, but having MaxTrade=3 your negative Float P/L and possible drawdown will be much less than with MaxTrade=10 or 5. Am I right? Besides I've been trading only Eurusd to minimize the risk, since I started with very low capital...
My experiences. EA opened 3 trades on short position. Trend changes to long, so...In that case EA will not open any trades since you have maxtrades 3. If you have 5 or 6, EA can open new trades in long position and recover a huge drowdown..This is what happend on my account today..
Attached are charts with Goblin on John's setting. Handle the strong trend this AM quite well. Wackena
What are this John settings that everybody is talking about?
My experiences. EA opened 3 trades on short position. Trend changes to long, so...In that case EA will not open any trades since you have maxtrades 3. If you have 5 or 6, EA can open new trades in long position and recover a huge drowdown..This is what happend on my account today..
... unless I set InitialStoploss=1 like someone does... or even close the positions manually... For now I'll wait and see what it happens...
... unless I set InitialStoploss=1 like someone does... or even close the positions manually... For now I'll wait and see what it happens...
I had InitalStoploss set to 1
....
couldn't we just run both firebird and goblin at the sametime; that way we take advantage of both sideways and trending. this might seem naive but just thought i put it out there.
I had InitalStoploss set to 1
If set Initialstop to 1 what does that do for me? I want to set a SL of 30. Should I put InitialStop = 30? or where do i put the 30?
Thanks