GentooGeek,
Thank you.
You said,
"I too am working on an EA for this, but I am as of yet unwilling to release my source code. My backtesting shows the system opening positions when the indicator says to, but I am still losing money. I won't release a losing EA."
Does the trades it takes match Big Pippin's?
I wouldn't let the profit be my standard - and here is why:
Most systems when automated do a lot worse than when manually traded.
I have observed that the computer can not SEE that which the trader's eye sees. It only calculates based on the rules you give it. It sees every match of the rules, including many, many that you did not intend.
For that reason I hope an Expert Advisor (EA) can be created that matches what Big Pippin says and does, then ask him to look at a (long) series of actual trades it takes (such as with the Strategy Tester), and say which trades he would not take and WHY. There may be a little filter (rule) or two that he does not even realize he applies.
Collaboration may get us there. If we stick to the plan. In most EA thread's at ForexTSD, collaboration involves adding every indicator except the kitchen sink. To me that means the original idea is inadequate, at least for automating.
You said,
"If you limit all your logic to the first tick in a bar, things will run faster and be more accurate to the system."
Sounds great! Do you know how to code that?
Big Be
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