This is a test with the same settings as in the code. i would usually trade on the signal every hour, so i have multiple buys and sells open. But this is with 1 trade at a time.
UJ 1 year.
I found a good template to use here
Sleepafterxlosses
I added the code to it and it seems to work ok.
I dont think this forum allows uploading of ea’s?
If you want to add the previous code to this ea look for “—+ Entry Signal ±----” you can just about copy/paste the code straight into this ea. (paste the code from line 6)
delete everything and paste between these lines-
int signal(int mode,int pos){
// PASTE CODE HERE
return(0);
Dont forget to add the first 5 lines of code to the “Entry Logistics” parameters/declarations near the top of the code.
This is a forward test.
I started this test before I posted here and the code here is actually an improvement. So I would hope it would return better results then this test. But it is the same principle.
It is run on multiple pairs. I run ea’s on multiple pairs as standard just to test. Then I can evaluate each pair, even though they are not optimized for all pairs.
Great system. Been testing something similar for a little while with some great potential. I love the idea of confirming the movement from the higher TF. Will add that into mine.
Now here’s something for you. Strike Rate will increase IF you refine your MACD trigger better. This is what I have done. Instead of simply saying if <0 then buy and if >0 then sell, look at the angle of the signal line in relation to the MACD or look at the size of the histogram bar. If you get a candle which finishes with whe signal line pointing back towards the MACD line (in toehr words if you were to continue drawing the signal line and MACD line with a pencil, would they meet?), take it as a true trigger signal. If they don’t, check at the completion of the next candle. I have found this works on all timeframes and is a lot more accurate. It also reduces the drawdowns while waiting for the trend to reverse.
Hi Marshalmax,
Great idea. The closer you can predict the reversal the better.
Nice to see another Brisbane trader here.
How did everyone get on with this EA in the end?