Author Topic: Trading formula follow-up  (Read 670 times)

Offline AlexPali

  • Administrator
  • Full
  • *****
  • Posts: 20
  • Location: California, USA
    • View Profile
Re: Trading formula follow-up
« on: May 30, 2009, 03:34:11 am »
It looks like the existing Pip-Hunter is making very significant mistake while detecting D1-1 Long set-up conditions.
On Thursday, right after midnight GMT the robot detected D1-1 (PM1) Long set-up on EUR.USD as well as D1-2 (PM2) Long one within relatively short distance from each other;
D1-1 Long at: 1.3991 & D1-2 Long at: Long at 1.4036
The D1-2 Long happened to be a valid detection by the way. It kicked in and at the FX closing time on Friday there is 101 floating profit.

While consulting that situation with Ignacio, he was surprised that I’m speculating D1-1 condition since there was no sign of changing direction of Moving Average (9) and Moving Average (18) indicators; a must condition for D1-1 set-up in this case.

Thus, the portion of the code recognizing the above conditions probably should be revised.
« Last Edit: May 30, 2009, 05:05:47 am by AlexPali »