Divergant Bar Scalp

[SJR3t2]

I made this expert to go after TakeProfit pips and risking StopLoss pips after a divergant bar is formed (Bill Williams, Profitunity). It does not make money. But perhaps someone here can get it to work.

Steven

[gazuz]

Originally Posted by SJR3t7

I made this expert to go after TakeProfit pips and risking StopLoss pips after a divergant bar is formed (Bill Williams, Profitunity). It does not make money. But perhaps someone here can get it to work.

Steven

Do you suggest to backtest this strategy or try it live?

[SJR3t2]

Originally Posted by gazuz

Do you suggest to backtest this strategy or try it live?

I am not sure what to tell you, as in as far as I know it is not working.

Steven

[gazuz]

Alright here is what I got using the OHLC with the backtesting... it seems to go up and down compared to when it trades:

settings are:
-s/l=30
-t/p=999 (it actually reached it twice which was impressive...)
-t/s=15

total profit : 5296, 52.6% it went up to 50, then back down to 10, then back up to 50. Here are the results, its a bit big (500kb)

http://www.forex1000.com/FXFisherman/wise-man.htm

[gazuz]

tested without a take profit... but all the trades were closed at the end of the chart

results =26126 ( 261.26% )

same settings but t/p at 999999

http://www.forex1000.com/FXFisherman/wise-man.htm

EDIT: I noticed the only profit made here was just from the euro value going up... Looking at the statement I posted, there are actually only buying positions, then going all the way down the page, one can see that when closing the trades, the earnings decrease since it was bought later

That's all for me, so maybe its working but it can be fixed (hopefully) because I know the 15 pip trailing stop has been reached easily a looong time ago, and the positions should have been closed a very long time ago. Anyone want to work on it?