Discussion of article "Reversing: Formalizing the entry point and developing a manual trading algorithm"

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New article Reversing: Formalizing the entry point and developing a manual trading algorithm has been published:

This is the last article within the series devoted to the Reversing trading strategy. Here we will try to solve the problem, which caused the testing results instability in previous articles. We will also develop and test our own algorithm for manual trading in any market using the reversing strategy.

For already two articles (Reversing: The holy grail or a dangerous delusion? and Reversing: Reducing maximum drawdown and testing other markets), we have been studying the Reversing trading strategy. We considered the use of the trading strategy in different markets, found the most suitable markets and formalized the basic rules for proper reversing. The subject seems to be fully discussed. What else can be written about the reversing technique? However, there is a problem which we mentioned earlier, but the solution to which we never approached.

The problem is connected with the entry point, which is not formalized in our strategy. It means a deal entry can be performed at any moment. The result of this can be unpredictable. Someone may have a deal closed by Take Profit. Another trader may enter 5 minutes later and get the entire chain of deals closed by Stop Loss.

That is why, all tests performed in previous articles can be considered reliable only for the cases, when you decide to enter exactly on the same historical day, hour and minute, as was done in the Strategy Tester. The same profit growth cannot be guaranteed, if you enter a trade a minute earlier or later.

So, we need some rules to determine "when to enter a deal" and "the entry direction". Such rules should not worsen our profit charts much. Let us try to find such rules.

Author: Roman Klymenko

 
Great article, Roman thank you! So many tests and conclusions. I was testing a similar strategy, but you have gone much further;)
 

And the most interesting thing is that almost exactly in time with the release of the first article on this method (reversing) in the last days of August,

I also had an Expert Advisor using this very approach validated before publishing it on the Market)

I was a bit surprised by such a coincidence)))

And also after its publication I created a signal in the monitoring. And what would you think? About 10% growth per month as well )))) But, however, at a slightly lower drawdown of 5%.

It seems that reversing can be considered as an option. The signal is almost three months old.

 
I am trying to test your revertme_manual but failed. Compiling was without errors. When I draw EA to the chart the dialogue window appears. After clicking ok nothing happens. In your video appears another window after clicking ok.
in zip file there was no file "ArrayString.mqh". Maybe that is missing. Please give some advise.
 
BND:
I am trying to test your revertme_manual but failed. Compiling was without errors. When I draw EA to the chart the dialogue window appears. After clicking ok nothing happens. In your video appears another window after clicking ok.
in zip file there was no file "ArrayString.mqh". Maybe that is missing. Please give some advise.

What does the logs say?

in zip file there was no file "ArrayString.mqh".

If something is missing it won't compile without errors - so its part of the MT5 package.

 
Carl Schreiber:

What does the logs say?

If something is missing it won't compile without errors - so its part of the MT5 package.

Here is the journal log:


MN 0 09:26:30.814 Terminal MetaTrader 5 - ActivTrades x64 build 2615 started for ActivTrades Plc
QD 0 09:26:30.814 Terminal Windows 7 Service Pack 1 build 7601, AMD Phenom II X4 840 Processor, 4 / 7 Gb memory, 25 / 74 Gb disk, IE 11, UAC, GMT+1
JG 0 09:26:30.814 Terminal C:\Users\Username\AppData\Roaming\MetaQuotes\Terminal\18A81F90F9CD5F7E815B0EAB2CB4A894
NI 0 09:26:31.344 Indicators custom indicator TRIX_slope_v2.1 (CADJPY,M1) loaded succesfully
OD 0 09:26:31.964 Network '37000126': authorised on RoboForex-Pro through Europe #0 (ping: 31.73 ms, build 2560)
RF 0 09:26:31.964 Network '37000126': previous successful authorisation performed from 93.202.98.130 on 2020.09.25 10:26:15
LM 0 09:26:32.004 Network '37000126': terminal synchronised with RoboMarkets Ltd: 0 positions, 0 orders, 48 symbols, 0 spreads
CQ 0 09:26:32.004 Network '37000126': trading has been enabled - hedging mode
IR 0 09:26:32.234 MQL5.community activated for 'BND', balance: 58.72
HE 0 09:26:32.424 MQL5.chats activated for 'BND'
IM 0 09:26:43.894 Experts expert revertme_manual (CADJPY,M1) loaded successfully

 
  1. We can speak German here :)
  2. The author in another language can easily translate everything into his language (click in the edit line).
  3. The log shows that "expert revertme_manual(CADJPY,M1)" was started successfully.

Now have a look at the expert log - what does it say?

Question: did you download and install the terminal from ActiveTrades, but the account at RoboForex?

 
I already have the expert log is empty.
 
Carl Schreiber: Question: have you downloaded and installed the ActiveTrades terminal, but not the RoboForex account?

Yes, I have.

 
Is the revertme_manual EA running for you?
 

I haven't installed it, but I think you have it running.

What do you expect that won't happen?

Naively asked: Revert means that a position is reversed - how is this first position created?

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