TradingDeveloper said:

lec0456 said:

.2 pip spread$

$30/million commission

The stop loss varies but starts at 100pips.  if price moves slowly against the position it can hit the stoploss but the robot uses an indicator that detects breaks against a position and then makes a corective trade.  Thats why you see interuptions in the graph pattern.

Hi,

Thanks for the info, what is your take profit exactly?

Based on my experience I see some potential problems in your backtesting:

1. $30/million commision is not a real value, the broker I know charge $65-$80 / Million, do you know any charging $30?

2. Depending on your take profit the spread may have an impact in your backtesting results, if you have a low take profit the results may be much different in a real scenario.

4. If your take profit is low I would say 100 pips stop loss is too high and involves some risk, and if you say your stop loss increases its even more risky.

I see your last trade in the Screen shot was about 10 pipsa profit, so I assume your take profit is low.

I would suggest you to adjust the commisions and place a random spread between 0 and 3 and check the results again.

 

I use 7.5 pip take profit for the initial trade.  But corrective trades will be executed in 2 varieties. I call them MAX and normal trasdes.  A MAX corrective trade uses 75pips and a normal corrective trade uses the loss of the origonal trade plus 7.5 pips(the stoploss would be the same as the TP for corrective trades).  There is criteria I use to decide if I go MAX or normal on the correction.  I don't use stop loss greater than 100

As far as the Brokers, yes there are brokers in the $30/million range.  Recently some have dropped commisions, here is a list I complied a few onths ago, but be warned it may not up to date:

Broker	Location	Commission	Time	Cost
Liquid Markets	Cyprus	$             45.00	Cyprus	$    11.72
Trader'sWay	Dominica	$             35.00	Cyprus	$       9.27
ICMarkets	Sydney	$             30.00	GMT	$       7.90
FXPro	Cyprus	$             65.00	Cyprus	$    17.14
Divisa	NewZeland	$             30.00	GMT	$       7.90
RoboForex	NewZeland	$             20.00	Cyprus	$       5.20
FiboGroup	Cyprus	$             30.00	Cyprus	$       7.90

adaled said:

MrTrader said:

Hi also, could you remove Trailing stop losses, its not needed.

What entry are you using for this robot E.G wait for 5 pips above Gann Indicator to trigger buy/sell?

 

Thanks,

Hi, the trailing stop is actually optional. it only trails if the parameters are greater than 0. I put this in the description.

The triggers are as you said:

The method be Buy if the price has risen above the indicator and Sell if price has fallen below the indicator.

Hello,

yes that would be the method, I backtested it in cAlgo; H1, Value: 25 & 50, its abit funny I saw a loss of 120 pips, it doesnt usually do that in manual trading,

MrTrader said:

Hi also, could you remove Trailing stop losses, its not needed.

What entry are you using for this robot E.G wait for 5 pips above Gann Indicator to trigger buy/sell?

 

Thanks,

Hi, the trailing stop is actually optional. it only trails if the parameters are greater than 0. I put this in the description.

The triggers are as you said:

The method be Buy if the price has risen above the indicator and Sell if price has fallen below the indicator.

/algos/robots/show/301

Hello again, it has very poor results... Maybe you would like to share some more trading logic besides what you mentioned?

Look at SampleTrendRobot. It's doing something very similar with moving average indicator.

You can use the functions HasCrossedAbove/HasCrossedBelow to find your triggers:

Something like this in the OnTick or the OnBar:

if(Functions.HasCrossedBelow(Gann.Result, MarketSeries.Close[index], 0)
{
        Buy();
}
else if(Functions.HasCrossedAbove(Gann.Result, MarketSeries.Close[index], 0)
{
        Sell();
}
   

Buy() and Sell() can be copied from the SampleTrendRobot (in cAlgo list of robots)

 

 

Look at SampleTrendRobot. It's doing something very similar with moving average indicator.

You can use the functions HasCrossedAbove/HasCrossedBelow to find your triggers:

Something like this in the OnTick or the OnBar:

if(Functions.HasCrossedBelow(Gann.Result, MarketSeries.Close[index], 0)
{
        Buy();
}
else if(Functions.HasCrossedAbove(Gann.Result, MarketSeries.Close[index], 0)
{
        Sell();
}
   

Buy() and Sell() can be copied from the SampleTrendRobot (in cAlgo list of robots)