Condition: Market Properties: Backtest vs Live
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Hi,
I am using a condition block that compares Market Price Level (Ask or Bid) to a indicator.
I'll use Sell operations as example (but the same happens on buy).
Sell if:
On backtest it works perfectly on every market/stock I test it.
On live account (demo account) I let this same EA run on 25 markets (or stocks, I don't know to to say it in english) but around 50% of the positions happen outside that condition. Here is an example:
Correct: Sell above upper line
Wrong: Sell outside of condition
Do you know why this happens? It this condition (Market Price Leve) not reliable?
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sell.jpg
correct.jpg
wrong.jpg -
Still thinking about this same case, I think I have a better way of buying and selling where the previous "error" would not occur, but I can't find a way to do what I want.
I'll use the same picture as before to explain what I am trying to do:
I want my EA to start trailing the price as soon as the market price is above the upper Bollinger Band line.
The price should go up for some time and as soon as the price start to fall, I would place the sell position.It is the opposite of a trailing stop... it is actually a kind of trailing start. I did try using the block "trailing pending orders" but couldn't figure it out. The "trailing stop" block also has a trailing start option, but I don't think it does what I want.
It this possible to do?
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wrong.jpg -
Maybe something happened with the spread at that time.
Any Trailing Stop block works if it runs. Normally such block must be put on top level so it can run on every tick. But this is not mandatory, you can hide it under any Condition to prevent it from running when the condition is not true
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__Maybe something happened with the spread at that time.[/quote:1jg1bxnx]
That's what I thought... but 50% of all opened positions have this behavior, I'll make some more tests.
__Any Trailing Stop block works if it runs. Normally such block must be put on top level so it can run on every tick. But this is not mandatory, you can hide it under any Condition to prevent it from running when the condition is not true[/quote:1jg1bxnx]
I know how to use trailing stop effectively. But I want to use a "trailing start", like I described:
" want my EA to start trailing the price as soon as the market price is above the upper Bollinger Band line.
The price should go up for some time and as soon as the price start to fall, I would place the sell position."It is the opposite os trailing stop, but I don't see a trailing start block so I am not sure if it's possible. How would you do it?
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Then I don't understand what you want. The opposite of trailing stop for me is... trailing profit - the idea to trail Take-Profit, because normally we work with Stop-Loss. I don't have an idea what Trailing Start block should be
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Hi, thanks for your time. I see what you mean... I'll explain better.
My strategy is to buy below Bollinger Bands and sell above bollinger bands. That is easy to do. But take a look at the picture below:
It is easy to make the EA sell above the Bollinger Bands line - Red Arrow. But I want it to sell at the Green Arrow.
[attachment=1:2mawsra1]https://fxdreema.com/shared/jnFoH4hwc (blocks 3 to 8 should find Highest and Lowest prices and Blocks 37 and 67 should find the distance from Highest and Lowest price to place orders).Can you (or anyone else) help me out?
Thanks.
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picture1.png
picture2.png -
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Hi, thank you for your help.
That is not necessarly what I was looking for. With your strategy, the position would only open after the candle is closed, and the closed price can be very far from highest or lowest price.
I´ll try some other ways.
Thanks anyway!
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Not at all. Candle Close of candle 0 is actually the current Bid price. It changes until the candle is closed and becomes candle 1. I prefer to work with Candle Close instead of Bid, because it sounds more natural
