Experts need your attention.

asnavale

Well-Known Member
#2
Dear Experts,

I found this AFL and backtested it. Found Good results. I need to add exploration to show target and SL, Can some one help me.

Regards,
Fahed.
Hi Fahed,

I will try. But do you have any calculation to indicate Target?

-Anant
 

fahed

Active Member
#4
Hi Fahed,

I will try. But do you have any calculation to indicate Target?

-Anant
Anant,

Could this be done, Targets calculated by Pivot Point formula using the candle that just moved over the Trend Line, Target 1 = R 1, Target 2 = R 2 and so on, Clear 25% of your position at one target. Or do you have any other suggestions.
 

asnavale

Well-Known Member
#6
Anant,

Could this be done, Targets calculated by Pivot Point formula using the candle that just moved over the Trend Line, Target 1 = R 1, Target 2 = R 2 and so on, Clear 25% of your position at one target. Or do you have any other suggestions.
Ok Fahed, First I will try Pivot Points as you suggested. Later we can look into other ways of calculating. I will try this week end as there are more holidays.

-Anant
 

fahed

Active Member
#7
Anant, Thanks for your efforts, Another thing I added this line "Positionsize = 20000" and backtested with this afl, I was able to get more trades, My total postion size was 100,000.

One more thing In the explore button can we get the following :
(1)Buy Price, (You have named as C.M.P.),
(2) Stop Loss,
(3) Target1, Target 2, Target 3,
(4) Target/SL hit dates.

I know I am asking a lot from you, Just a wishlist, Everyone wants to make their life easy. And I also saw this afl doesnot show dates on the Title, I copied from your afl, but it did not show.

Best Regards,
Fahed.
 

asnavale

Well-Known Member
#9
Anant, Thanks for your efforts, Another thing I added this line "Positionsize = 20000" and backtested with this afl, I was able to get more trades, My total postion size was 100,000.

One more thing In the explore button can we get the following :
(1)Buy Price, (You have named as C.M.P.),
(2) Stop Loss,
(3) Target1, Target 2, Target 3,
(4) Target/SL hit dates.

I know I am asking a lot from you, Just a wishlist, Everyone wants to make their life easy. And I also saw this afl doesnot show dates on the Title, I copied from your afl, but it did not show.

Best Regards,
Fahed.
Hi Fahed,

I tried the pivot point method and it does not work. For Fibo levels we need the reference points from which we have to estimate the levels. Therefore, both these methods may not be satisfactory. I am trying the same method which I use in my AFL. It appears to work. One thing I noticed is this AFL has no separate Sell trigger. As soon as the price goes below the TSL it is an exit. target calculation is just an empirical formula. Some times it fails and TSL is hit instead of target. But I think such things are there in any system. I will come back with a solution and we can add the other requirements which you mentioned above after that. It will not be a big problem. A little bit of playing around with BUY/SELL triggers will be enough.

Regards

-Anant
 

fahed

Active Member
#10
Hi Fahed,

I tried the pivot point method and it does not work. For Fibo levels we need the reference points from which we have to estimate the levels. Therefore, both these methods may not be satisfactory. I am trying the same method which I use in my AFL. It appears to work. One thing I noticed is this AFL has no separate Sell trigger. As soon as the price goes below the TSL it is an exit. target calculation is just an empirical formula. Some times it fails and TSL is hit instead of target. But I think such things are there in any system. I will come back with a solution and we can add the other requirements which you mentioned above after that. It will not be a big problem. A little bit of playing around with BUY/SELL triggers will be enough.

Regards

-Anant
Anant you are well experienced than me, Take your own call since you have already made a working system, I will be and many other too , surely be happy and thankful for your help.

Just a Suggestion, If you are not able to add Target to this method, Just leave it in B.Hold or Bought condition till the sell signal comes.
 

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