Posts made by xburbx

I am trying to have a trail stop that trails the low of the prior bar for longs and the high of prior bars for short. Any help would be great here.

FXDreemaShare

@jstap Ok

@l-andorrà The account has 100k in it. 1 lot is $20/point. It should be more than enough there?

I am trying to setup my backtest with a starting lot size of 1 and no more than 10 total . I am trying to have it risk up to 1% of the total account balance on each trade. How do I set that up here? I received an error stating it is trying to use .034 lots but my broker minimum is 1. There must be a setting I didn't do correctly.

In this sample backtest, there is a 38k profit trade which shouldn't be possible if my %risk of balance stop is 1% and the TP is 2:1 of the entry to stop on a 100k starting balance. With a 2:1 potential profit, the most this should be over the course of the test is a 5k profit in a single trade if the balance gets up to 250k. I set the lots up to 10, but I thought it would simply not execute a trade if the risk is over 1% of the account balance? What am I missing here?

The only thing I could think of was if I was in a trade on a Friday and it had a huge gap on a Monday? Is there a way to set it to close all trades by a certain time ? Any other suggestions?

FXDreemaShare

@ambrogio Thanks. Yes. Much appreciated.

@ambrogio Thanks. I switched TP to 100 but it still has those tiny exits?

I can't seem to figure out why the stop and profit on these trades isn't in the locations in the picture. For a long, the stop should be under candle 2. The profit should be the distance from entry to stop but above entry.

FXDreemaShare

@l-andorrà Daily gaps from the 9:30-16:00 US session.

@jstap I am a bit lost on the gates/flags suggestion. Is this picture where the lots are adjusted? It is a 2 decimal place NQ US index.

@jstap I also see the following on the backtest which has 100k in the sim account. 'No Money'. Then trades aren't executing even if they are within the expiration time.

@jstap So I got the 50% line to draw. Now I am trying to execute the following.

Buy at 50% line after price closes with a 30m candle above the the 30M opening high from 9:30-10AM. Expiration of any new trade at 16:00. Only execute 1 trade per day and it's based on the 1st 30min close above the 30min ORB high or below the 30M ORB low. That sets the direction for todays trade.

When I run it, I see price come back to the 50% line but it is not taking trades at it .

FXDreemaShare

@jstap I think I got it working. I will let you know if I run into an issue. Thank you.

@jstap Ok. It appears to draw the lines but it seems to draw 50% of the 9:30-10AM ORB. It isn't drawing the line at 50% of the HOD/LOD range.

FXDreemaShare

@jstap Isn't this what that is? It isn't drawing that in.

FXDREEMASHARE

@jstap Thanks. I gave that a try and I wanted to add a draw line at that level to make sure it was working but the line doesn't seem to show up. Here are the updated adjustments. I turned everything off that isn't relevant.

FXDreemashare

@l-andorrà multi timeframe , gaps and ORBs are 3 that I can think of.

@jstap To use that, I need the high/low of the 9:30-16:00 timeframe. It can't be the DAILY timeframe. How would I establish that time range as a variable?

I am trying to create a buy line/ sell line at 50% of the current High of day to low or current Low of day to high of day depending on if I am looking for a short or long. I can't get MT5 to recognize this 50% level. What is wrong with the way I structured it?

FXDreema Share

Is there anyone in the forums to reach out to that builds templates or works with making custom ideas for others?