hi.
can you please add parameter to close position on end of box(day)?
thenks.
Moderator: admin
waelsaleem wrote:Hello,
I have a request to make this strategy even better: Breakout-GMMACD Strategy:
This would be identical to the breakout strategy. The only difference is that the trade is triggered only if it is confirmed by the GMMACD indicator histogram. if the histogram (GMMACD value) is in the same direction of the trade, then the trade is triggered. Exit strategies are identical to the original strategy.
Note the diagram attached. The improved strategy would prevent the 2 potentially losing triggers that would have been otherwise triggered by the standard strategy.
This will likely prevent many losing trades triggered against the overal trend. Let me know what you think.
Great job as always.
vstrelnikov wrote:Strategy based on breakout indicator. Please download and install it, before using strategy.
Besides indicator parameters itself (period interval and box interval) there are several parameters
for strategy tuning. See parameters description below:
- Type of breakout - Open position after candle closes above high level, or open position immediately if incoming tick price is above high level.
- Once per day - Is strategy allowed to open positions several time during trading day.
- Excess (in pips) - Additional gap between high/low values and open price. 0 by default.
Note: Strategy don't have any 'exit' criteria except Stop/Limit orders, therefore Stop/Limit parameters are required for this strategy.
You can play with all above parameters to make the strategy most profitable.
Please share any suggestions or comments here.
Breakout Strategy with GMMACD Filter
Take only breakouts which have been confirmed with GMMACD
You must have both GMMA and GMMACD installed in order to use this strategy.
viewtopic.php?f=17&t=412&hilit=GMMACD
mjf1288 wrote:Hello,
I though that another parameter should be added to this strategy, which should be quite easy to do.
There should be a parameter for a direct or reverse signal. So for example, if the price breaks below the lower box line, the natural or direct signal is to SELL. The reverse signal should be to BUY when price break below the lower box line. I would appreciate this amendment very much. Thank you.
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