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 Participants in Forex Trading and their Role in the MarketGo to article >>
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.