The Puncher System

 

I tested The Puncher on lot of conditions and i'm impressed by the performance (1:10 M15, EURUSD) OR (1:10 h1 USDCHF)

But there is special case that it "fails". When a reverse position is taken and is keeped during long period of time.

As an example, please simulate from 2006.11.10 to 2006.12.10. You will notice from 2006.11.17 to 2006.12.06 nothing happen unless loosing money.

Is there any way is such case to take in account the current trend and close the sell position ? (like time frame windows instead of stop loss windows.)

Thank you again for your contribution ...

The Puncher utilizes the Stochastic (100,3,3), and RSI (14). When the Stoc is greater than 80 and RSI greater than 70; The Puncher places 3 Various Sell Positions based on your Free Margin. When the Stoc hits 20 and the RSI indicator reaches 30, the Puncher closes out the 3 Sell positions and Places 3 Various Buy positions based on your Current Free Margin. Lot sizes start at 0.1 and the Maximum Lot Size Is 5.0(Based on your available Free Margin). Very Basic.

why in this strategy "Trailing Stop Loss" does not work ... For example, if set "Trailing Stop Loss" at 30 and despite everything this EA permits level for example, 120 of losses ... something is not so ... does not work "Trailing Stop Loss"... why?

Stop Loss works, but Trailing Stop Loss doesn't work

Thank you again for your contribution ...

Files:
puncher.zip  40 kb
 
forexflash:
why in this strategy "Trailing Stop Loss" does not work ... For example, if set "Trailing Stop Loss" at 30 and despite everything this EA permits level for example, 120 of losses ... something is not so ... does not work "Trailing Stop Loss"... why?Stop Loss works, but Trailing Stop Loss doesn't work

Trailing stop never works in the long term. You will have less win and won't cover your losses.

FerruFx

Reason: