"Golden Arches" Project

awesome. as for the stop loss. looking at the graph. where could you have set the stop on the past two (or more) profitable trades without it being hit? maybe something like 3*s.d away from the CR line? or maybe use a similar stop to tp. if 3 or 2*ATR on the loss side seems to be further away than it normally moves (to the negative) might be a good choice. at 2*ATR every bad trade would need one good trade to cancel it out.

hopefully in the window of +/- 2*ATR you have a much higher % of correct trades than incorrect ones.
 
How do I set the start date of the arches? does it roll forward automatically as each new bar comes in?

could i get the latest download with the 38.2 levels without the Murry Math and an input field for startdate?...(my charts are too small and i have enough lines in the DeMarker)

Michael B.
 
It was YOU that posted this!...I am using this... :)


Quote from mmccormac:

I use a method where no stops are used and it's worked very well for me. I cut my risk to 2% or less via alternate pairs and in a way hedge my position. Once I see a major trend change I lift the ones in profit, price average the one in loss, and ride it back in the original direction.

I've never taken a drawdown more than 5% and very seldom take a loss. It's possible to make it work but some things need to be added if this method is to survive long term trends in the wrong direction as you stated.

Good luck ES! Just keep changing your method till you find what works for you.
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How do we change this ourselves?...you really do not want me perusing the code...you would not believe what havoc, I can present...


Quote from fifo:

Don't forget, Regression channel starts in Nov 05, while DBCF starts in July 06 I believe.
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grrr, #%$!. Looks like its a dead end for me! After all this work of setting up new indicators and new datasources I can't proceed. While trying to write the indicators to file on different timeframes for some meaningful backtesting, I got an "out of Memory" error and of course a crash. Digging deeper, even with slimlined code the same problem exists. Looks like this is a feature of WL according to their site. Memory is not freed up until the end of a script (if explicitly called..). You can imagine the number crunching that needs to be done. Starting to really like MT4 but just a trust issue. Going to break something now.
 
blows_up.gif



Quote from fifo:

grrr, #%$!. Looks like its a dead end for me! After all this work of setting up new indicators and new datasources I can't proceed. While trying to write the indicators to file on different timeframes for some meaningful backtesting, I got an "out of Memory" error and of course a crash. Digging deeper, even with slimlined code the same problem exists. Looks like this is a feature of WL according to their site. Memory is not freed up until the end of a script (if explicitly called..). You can imagine the number crunching that needs to be done. Starting to really like MT4 but just a trust issue. Going to break something now.
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Quote from ElectricSavant:

How do I set the start date of the arches? does it roll forward automatically as each new bar comes in?

Michael B.
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ES, not too sure what you mean by start date. The indicator should start x periods from the last bar always. i.e last bar - 299 bars. It should be dropping the first bar and adding the new bar for all calculations. If its not doing that than it is flawed and maybe something in the code is missing??
 
ok...I should check that before posting...I thought it was locked..

ooops again...

note to self...12/21/05


Quote from fifo:

ES, not too sure what you mean by start date. The indicator should start x periods from the last bar always. i.e last bar - 299 bars. It should be dropping the first bar and adding the new bar for all calculations. If its not doing that than it is flawed and maybe something in the code is missing??
More...
 
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