Posts made by Gorilla

@l-andorrà How do I convert the commission into pips? The breakeven function can offset using pip values only.

https://fxdreema.com/shared/f9JcAKE9e

How to set Breakeven at "Open Price + Commission" so that it ends up with $0 profit if the broker charges commission?

How about "Open Price + Commission + CurrentSpread"? The spread to allow for a little slippage.

@paragorundu It started to not work when I used Indicator Appear on the higher time frame. What's the correct block to use?

@paragorundu Using Indicator Appear on both the lower and higher time frame. Is there a better condition to use?

@jsauter86 I need to close trades at the end of the week which means trades ideally last only a few hours or a day at most. I used M15 (Initially M5) and H4. I switched from M5 to M15 because the spread cost was too high per trade using the M5 as the shorter time frame.

@jsauter86 Tested longer time frame using D1. Still the same, no trades were executed. Does FXDreema's short and long time frame conditions only work with a fixed combination of time frames?...

@l-andorrà

Here is the link https://fxdreema.com/shared/bK4KDRpzb

I backtested on EURUSD from 2021.02.26 to 2021.03.08

Hope this helps. Thanks!!!

@l-andorrà This is perfect! Thank you so much!

It's a simple logic that should have opened a lot of SELL trades.

When I only had the M15 condition, it opened a lot of trades. But when I added the H4 conditions, it didn't open a single trade.

I'm working with 99.90% Modeling Quality. Please help.

One more thing, The trade opens trades using 1% Risk on a Risk Reward Ratio of 1:3. It's also puzzling why sometimes trades close without even being near the stop loss. I can't figure out why.

I've been cracking my head on how I can get the absolute value of the past X candles using the given tools in the Builder.

The purpose of this is to determine if there is enough volatility in the market to allow trading.

Example:

Current Spread: 2 pip
Range of past X Candles: 100 pips
Max SpreadRange Percent to allow trading: 5%

In this case: Spread / Range = 2%
2% is equal or less than 5%

Therefore, allow trading.

I hope you guys can help. If you do have other recommendations from your experience that has worked on how to determine if a trend is strong enough and not in a range, I'd appreciate your inputs as well. Thanks!

I'll check on it again. Thank you very much!

I have a Logic that I use on the M15 which opens a few trades.
I want to add Heiken Ashi as one of the opening logics but at a higher time frame.

Higher Time Frame BUY Logic:
Chosen Candle Type: Bull
Previous Candle Type: -- (previous candle type can be bull or bear)
What to get?: Close (doesn't really matter I think since we're not getting any specific value of the previous candle)
Time Frame: H4
Candle ID: 1

When I finished the initial backtest, it opened 1 trade only. I checked the higher time frame and it should have opened about 50% trades of the original backtest. I loaded my multiple time frame indicator in mt4 it checks out which was puzzling.

HOWEVER, when i tried to do the backtest again. I loaded my indicators first, then proceeded with the visual backtest. I noticed that the Higher Time Frame indicators I placed did not get their values updated. They remained to be bears throughout the testing when the H4 Heiken Ashi should have been switching from bears and bulls quite often.

Is this a limitation of mt4 backtesting that it cannot calculate multiple time frame indicators? If yes, is forward testing my only option?

I have more questions but this is my roadblock right now. Hope you guys can help.

Thanks guys!