Yes MTPockets, I've seen your post about stacking. I like stacking too, for these reason I was suggesting the stacking as a new feature of the EA, if Krismitt consider this opportune.
- #422
- Jul 22, 2017 11:24pm Jul 22, 2017 11:24pm
I've made some tests with gold, but not optimization yet. All the tests have been made with "every tick", and "visual model", by this way I have a clear idea how this EA works, and I have some conclusions and/ or suggestions. 1. The EA is designed to consider higher time frames, but the trades are executed in shorter time frames when the trends are in the same direction. Ok this is good, a solid and robust principle, but all trades are closed after a few hours so, Why we use W1 period? I've made tests with W1+D1+H4, D1+H4 and D1 (entries with 4h...
Good on you!.
There are two fundamental principles which are very active behind the scenes of this thread and they are:-
1. Simplicity; we want to keep the system as simple as possible; and
2. Freedom; the EA is Coded with options for just about every setting so that Traders can do whatever works for them in terms of the settings.
1. The EA is designed to consider higher time frames, but the trades are executed in shorter time frames when the trends are in the same direction. Ok this is good, a solid and robust principle, but all trades are closed after a few hours so, Why we use W1 period? I've made tests with W1+D1+H4, D1+H4 and D1 (entries with 4h and 1h), and in my opinion, W1 is useless, because all the trades are closed after a few hours. It makes more sense, in my opinion, to delete the W1 and add 1H, because the system is short time oriented.
[Krismitt] The EA is deliberately coded to consider higher time-frames and much depends on the time horizon of the individual trader (Scalper, Day Trader, Swing trader Etc.). The following chart explains why we have coded the EA to include for the weekly time-frame:-
Most importantly, however, is that the EA is designed to allow each trader the freedom to use whatever higher time-frame he/she wishes. The weekly time-frame is included for "whosoever will". I do.
I have also been inspired by STRARS PASR
2. Have you considered the possibility of stacking?
[Krismitt] Yes, this is something for future updates.
3. In my first post, I said I work with a similar idea, and as you, I want to avoid range periods, so I been trying and testing different methods. This is one of the best I've found and maybe you will find it useful for your system. I use a Bollinger band...
[Krismitt] We have considered and have made provisions in the EA for Ranging Markets. https://www.forexfactory.com/showthr...45#post9989545 I like your approach as well.
Please continue to share your insights with the Hodgepodge community.
Trade well.
- #424
- Jul 22, 2017 11:52pm Jul 22, 2017 11:52pm
- Joined Mar 2013 | Status: Putting it all together... | 1,185 Posts
