- 31 May 2017, 12:43
#803
But I keep it for later as I am on the Virtual Basket stuff at the moment and it should keep me busy a few hours
TheSnowman wrote: ↑31 May 2017, 11:59Sure John, I will tweak that later to offer more flexibilityGeko wrote: ↑31 May 2017, 11:21 John,Geko,
In addition, what I could tell about the Trend Direction filter:
Firewight is right: “The more filtering though, the less trades, but possibly better quality trades...”.
Here I would not consider trading live without this filter. From my preliminary tests, I can say that:
- As some signals are filtered there are less trades
- When basket go directly into profit, baskets without this filter have more profit has there are more trades or lots without this filter
- As there are less trades there is less margin used
- Drawdown is really less important thank without the filter
So equity is better used with this filter…
Thanks for the confirmation and extra explanation. I did see it in the pdf manual and totally understand it, I think it is awesome and something that no one else has access to, so very much appreciated.
I am using it, and might turn off the Candle Direction filters, hey, I just had an idea....
When the Candle color filters are off they do not display.
Would it be possible to leave them on the screen and have the message On / Off down where the other messages are, that is on the line with @ Signal, @ Trend, @ Level
Also, maybe there could be a heading also? eg MN , W1 , D1 like that?
We could be using only 1 of the time frame for filtering with EA but still be able to see all 3 time frames display, and know which are On / Off.
The purpose would be, they make great confirmation for entering additional trades as per the Trade Buttons you are working on now.
So if we see the EA has entered some trades, and the price action looks good, and the candle color all agrees with our direction, manually enter some extra positions.
Thanks so much for your excellent work, much appreciated, John
But I keep it for later as I am on the Virtual Basket stuff at the moment and it should keep me busy a few hours
Cheers,
G
G