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FX Rogue Wave 2.6 Automated Breakout - MACD Crossover (By forex_trader_20011)
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FX Rogue Wave 2.6 Automated Breakout - MACD Crossover Discussion
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
forex_trader_20011
Member Since Oct 08, 2010
407 posts
Jul 15, 2014 at 13:02
(edited Jul 15, 2014 at 13:09)
Member Since Oct 08, 2010
407 posts
On my live account, you see a complete set of candles and trade closed in profit.
https://www.myfxbook.com/members/ibthescottyb/fx-rogue-wave-26-automated/936340
Note: entry lines are different as a new initialization point formed after profit made and sequence ended.
https://www.myfxbook.com/members/ibthescottyb/fx-rogue-wave-26-automated/936340
Note: entry lines are different as a new initialization point formed after profit made and sequence ended.
Member Since Jun 22, 2014
423 posts
Member Since Dec 15, 2010
795 posts
forex_trader_20011
Member Since Oct 08, 2010
407 posts
Member Since Jun 22, 2014
423 posts
forex_trader_20011
Member Since Oct 08, 2010
407 posts
Jul 16, 2014 at 11:53
Member Since Oct 08, 2010
407 posts
True enough. What I did with the design is when the EA is initialized, it not only shows the planned entry points, but the planned exit points as well. The EA alerts when a trade is placed and I take a look at it. If it is realistic, I let it trade. If it is trading and I am in profit and a reversal point begins to form, I may close the trade manually pocketing my profit from that sequence. I did not want a 'set and forget' program as much as I wanted an EA to do what I could not as I have to sleep sometime 😄
The only times I worry about NOT entering trades is when the channel is too tight - less than 10 pips or so. On a 30m chart that is a rare occurrence. So far, so good.
The only times I worry about NOT entering trades is when the channel is too tight - less than 10 pips or so. On a 30m chart that is a rare occurrence. So far, so good.
Member Since Dec 15, 2010
795 posts
Member Since Dec 15, 2010
795 posts
forex_trader_20011
Member Since Oct 08, 2010
407 posts
Jul 25, 2014 at 00:19
Member Since Oct 08, 2010
407 posts
Updated 5 year Back Test attached.After finding a bug allowing to miss trade opening, I also found a flaw in the previous back test where almost a year and a half was missing. With the bug fixed, the new back test is even more profitable.
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