Search found 79 matches

by TradingHeroes
Thu Dec 01, 2022 6:57 pm
Forum: Rules sharing
Topic: Core Rule: Engulfing Bars with Space to the Left
Replies: 2
Views: 3067

Core Rule: Engulfing Bars with Space to the Left

These rules will identify engulfing bars and allow you to leave "space" to the left so you don't have EBs that are right next to previous price action. In this example, there have to be a minimum of 10 bars that are not in the same zone as the EB. Screen Shot 2022-12-01 at 11.57.24 AM.png ...
by TradingHeroes
Thu Dec 01, 2022 6:51 pm
Forum: Rules sharing
Topic: Core Rule: Fixed Pip Stop Loss
Replies: 2
Views: 6806

Core Rule: Fixed Pip Stop Loss

Alright, I'll kick things off here. This is a good rule to use if you don't know where to start with a stop loss and just want to use a fixed number of pips. It's generally not a good idea to use a fix pip stop with most strategies, but this can be a quick and dirty way to start testing. You can do ...
by TradingHeroes
Thu Dec 01, 2022 6:43 pm
Forum: General discussion
Topic: How to Get Started With Rule Manager
Replies: 2
Views: 2199

Re: How to Get Started With Rule Manager

My pleasure.
by TradingHeroes
Thu Dec 01, 2022 4:49 am
Forum: General discussion
Topic: How to Get Started With Rule Manager
Replies: 2
Views: 2199

How to Get Started With Rule Manager

It took me about a week to figure out the Rule Manager, so I created a tutorial to show you how to get started quickly. I use some RSI and BB examples to show the process.

https://www.youtube.com/watch?v=IYE2qXvQC1U
by TradingHeroes
Wed Nov 30, 2022 2:39 am
Forum: Bugs notice
Topic: Exit rule on Bollinger Bands not working correctly
Replies: 12
Views: 15021

Re: Exit rule on Bollinger Bands not working correctly

I created a new BB test with some different parameters and it's not working correctly. I was able to document the issue.

https://www.youtube.com/watch?v=cItdU9IQXB8

All rules are attached.

Thanks.
by TradingHeroes
Tue Nov 29, 2022 11:52 pm
Forum: Bugs notice
Topic: Exit rule on Bollinger Bands not working correctly
Replies: 12
Views: 15021

Re: Exit rule on Bollinger Bands not working correctly

I tested it again, and it seems to be working now. But I'll report if I see it again.
by TradingHeroes
Tue Nov 29, 2022 10:41 pm
Forum: Bugs notice
Topic: Exit rule on Bollinger Bands not working correctly
Replies: 12
Views: 15021

Re: Exit rule on Bollinger Bands not working correctly

Hi, There are no setup rules, this is a standalone exit rule that I drag and drop. I enter the trade manually. The rules are simply to close a long when price closes above the upper BB band or close a short when price closes below the lower BB. The error seems to happen randomly with both buys and s...
by TradingHeroes
Tue Nov 29, 2022 8:59 pm
Forum: Overall questions
Topic: How to set a take profit in an Exit Rule based on pips of risk
Replies: 6
Views: 3634

Re: How to set a take profit in an Exit Rule based on pips of risk

Thanks for the quick reply. So the steps would be: 1. Enter a trade manually, with a stop loss of 100 pips, for example. 2. Drag the exit rule onto the open trade. Let's say that the rule was set to exit at 1R. The exit rule would detect the number of pips of risk of that trade, then allow me to cre...
by TradingHeroes
Tue Nov 29, 2022 5:31 am
Forum: Bugs notice
Topic: Exit rule on Bollinger Bands not working correctly
Replies: 12
Views: 15021

Exit rule on Bollinger Bands not working correctly

Hi, I setup a couple of rules to exit when price closes outside the opposite BB. Sometimes it works, but sometimes it closes the trade on the other side of the MA. It happens both on the short and long sides. Screen Shot 2022-11-28 at 10.26.31 PM.png Here's the rule... Screen Shot 2022-11-28 at 10.3...
by TradingHeroes
Mon Nov 28, 2022 9:11 am
Forum: Overall questions
Topic: How to set a take profit in an Exit Rule based on pips of risk
Replies: 6
Views: 3634

How to set a take profit in an Exit Rule based on pips of risk

Hi, I'm trying to create an exit rule that detects the stop loss of an existing trade and creates a take profit of 1R. So the trade would be entered manually, but I would use the exit rule to set the take profit. The only thing that sort of works is [order growth > 1], but it evaluates the profit on...