Help please
As a small experiment I tried to invert Daniel’s set file to work in AM mode i.e. take a profit of 1 – 3 pips in the trend direction. But it seems difficult to get MBC to do this.
I set trade breakouts = true
The SL is no problem = TP setting but the AM TP must be set by the trail basket only or the close on max. I was trying to get the R/R to 1:1 so I set the inner DC to a 100 so that trail settings would on input would work
I set the outer DC to 1 to get more trades.
I set the trail target to 3 and trail stop to 1 - should close at => 2 pips TP?
I just can’t seem to get it to work on a BT.
Is it something related to the break even setting on the level which I have tried to set at 0 and in between at 100 to no avail.
Any ideas are welcome.
I am also trying with an equity sentry on demo with MBC in aggressive Marty mode to quit when a defined equity per basket or cumulative or when a defined money or % equity drop occurs.
This tool has improved my sense of security dramatically when I quit my screen safe in the knowledge that if the S hits the F it will close all orders and stop all EAs also great for higher quality sleep and for more relaxing trips. I always use ES with Auto trading live accounts just in case the EA goes wild ( after a nightmare event with FXGB when 2x instances were running on my VPS) and also saves my equity when the market goes into overdrive and I am out and about. I also double it up on a second VPS with identical settings for added security – but of course it cannot fix a broker server disconnection!
See the attached pdf.
Happy trading
Ed
From: margrids-b...@googlegroups.com [mailto:margrids-b...@googlegroups.com] On Behalf Of Mark Suddens
Sent: 12 August 2013 12:27
To: margrids-b...@googlegroups.com
Subject: Re: [margrids-battle-chest] Hedge Padding
HI Daniel
It is supposed to modify the Breakout Hedge entry only, not the exit.
So price must achieve HedgeOuterChannelPeriod +or- Padding (pips) for a breakout hedge to be entered.
As far as I know Rick has not modified it.... Also it should be in pips not 1/10 of pips
Still working on modified settings - will share soon
Cheers Mark
From: "dan...@danielalexander.info" <dan...@danielalexander.info>
To: margrids-b...@googlegroups.com
Sent: Monday, 12 August 2013 9:43 PM
Subject: [margrids-battle-chest] Hedge Padding
Can someone, perhaps Mark or Rick, tell me which parameters hedge padding modifies?
Does it modify the HedgeOuterChannelPeriod (so that you only enter a breakout trade at xbars in the past + the padding), AND the BreakoutHedgeChannelPeriod (so that you trail by xbars in the past + the padding)?
I now realise on my live platform that padding DOES work, but an entry of 5 only translates to 0.5 pips, so initially I did not pick up that it was working.
Best regards
Daniel
--
You received this message because you are subscribed to the Google Groups "Margrids Battle Chest" group.
To unsubscribe from this group and stop receiving emails from it, send an email to margrids-battle-...@googlegroups.com.
To post to this group, send email to margrids-b...@googlegroups.com.
Visit this group at http://groups.google.com/group/margrids-battle-chest.
For more options, visit https://groups.google.com/groups/opt_out.
--
You received this message because you are subscribed to the Google Groups "Margrids Battle Chest" group.
To unsubscribe from this group and stop receiving emails from it, send an email to margrids-battle-...@googlegroups.com.
To post to this group, send email to margrids-b...@googlegroups.com.
Visit this group at http://groups.google.com/group/margrids-battle-chest.
For more options, visit https://groups.google.com/groups/opt_out.