Unbelievable. This backtest was made on a CRB chart. I would like to ask you to add TP and SL parameters and not fixed 15 pips.

Dreamliners’ MPAS EAs, Indicators, etc

Please confirm the rules are right here: url

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

In each new Open bar. The code has to check: If Current Price < Open Price at X pips (X= parameter 1), place pending Buy Stop order at open price + spread If Current Price > Open at X pips (X= parameter 1), place pending Sell Stop order at open ...

Dreamliners’ MPAS EAs, Indicators, etc

I also see positive results manually but with 1 difference. The TP is fixed and not taken by the Close of the bar. I don't have any XLS file or picture. sorry.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Well, if you enter a trade in a bar which drops between -18 to -25 pips then your TP is not strict and your R:R is going to be unstable.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

What if price dropped 22 pips. You won't trade this bar? I would not trade only bars that retrace exact pips. edit: I mean to gain profit in pips even if price reached the TP at the next bar(s) and not only at the same bar.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

I am almost sure that it will be easier to test this (great) system, if you determine both SL and TP in fix pips or ratio.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

you can calculate the R:R only if you limit the maximum that the price can go away from Open, before you place the pending orders, which I am not sure it is good idea.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

If the TP is the Close of bar you will never be able to calculate the R:R. TP has to be known in pips or regarding the SL size but not just a "Close of bar". Close of bar may be sometimes near the Open of that bar, while the price before that Close, ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Would somebody please answer me what I got wrong? url I think that TP has to be ~20 pips and not the Close of the bar

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Why TP set to the close of bar and not to fix pips?

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

What's the Take Profit?

Simple range bar ea request

I don't understand why it would have been a loss. Once the bar went up 20 pips from the open, triggering us to place a Sell Stop order at the open, then went down 40 pips - You win the Short trade. Now. There are 2 options: 1. When Sell stop hit - ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Right. The same for the other side. Price dropped down and did not retrace back to Open price. As long as you did not enter a loosing trade (not to mention entered wrongly) - it's ok. Not every range bar is a trade bar. This bar is not a trade bar.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Why do you think there should be a trade on that range bar? At this very range bar price opened at 1.5457, went op for 2-3 pips and then dropped down. There isn't any way I can see a price movement to trade the Short or the Long. There is no trade ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Gotcha!

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Now, what about the previous bar(s)? I see in the system rules some references about it.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

To make it clear: When bar is opened, you wait to see if it goes 10 pips above its Open price or below it. If it goes 10 pips up, you place a sell stop order at the Open price for 20 pips Take Profit. If it goes 10 pips down, you place a buy stop ...

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

I am confused, though I read your rules more than twice. Please upload a chart picture showing the "current bar", "Open" (of which bar?), how should look the "previous bar" regarding the current bar.

Dreamliners’ MPAS (Mechanical Price Action Strategy) System

Let's say current bar reached lower than previous bar. As long as you don't know whether the next bar is going up or down, how do you know to go Long or Short when the current bar is closed?

Dreamliners’ MPAS (Mechanical Price Action Strategy) System