AshFX EA / Robot in the works...

by FMAdmin Someone
    AshFX EA / Robot in the works...
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    Steve Hopwood has been coding away on the AshFX V2 EA...

    Over the weekend, I rewrote the robot from scratch. Reading the first 30 pages or so here made me realise I had mis-understood some of the basics of the system. Woudn't think that is possible, would you, but I managed it. Hey ho. I can't help being dim.

    The robot appears to be working properly. It was fine during visual backtesting using the mt4 strategy tester. Once it has been up and running on demo for a couple of weeks and has proven that the basics are working, I shall add the usual management code (jumping stops et al) and upload it here.

    Candle and wick lengths are fairly easy. A potential trade can be cancelled if the candle is longer than the average length of the candles over x bars. Likewise if the wick(s) > x% of the candle length. This is still not an intuitive thing, but is the closest I can see a robot coming to a 'feel' for this.

    This post is turning into a thinking-aloud thingy but is proving useful to me, even if everybody else has given up and moved on.

    Steve Hopwood has been coding away on the AshFX V2 EA...

    Over the weekend, I rewrote the robot from scratch. Reading the first 30 pages or so here made me realise I had mis-understood some of the basics of the system. Woudn't think that is possible, would you, but I managed it. Hey ho. I can't help being dim.

    The robot appears to be working properly. It was fine during visual backtesting using the mt4 strategy tester. Once it has been up and running on demo for a couple of weeks and has proven that the basics are working, I shall add the usual management code (jumping stops et al) and upload it here.

    Candle and wick lengths are fairly easy. A potential trade can be cancelled if the candle is longer than the average length of the candles over x bars. Likewise if the wick(s) > x% of the candle length. This is still not an intuitive thing, but is the closest I can see a robot coming to a 'feel' for this.

    This post is turning into a thinking-aloud thingy but is proving useful to me, even if everybody else has given up and moved on.

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