Coding help needed

[kim Larsen]

I have a consept that I would need some help with.
I have been testing a few dashboard EA that use currency strength as basis for opening positions.

What I find is that it is working good when trend is strong, but in ranging marked it ends up opening sell positions and the bottom and buy at the top.
So then I tested some reversal software and that gave good results when the marked was ranging.
So, how to combine those two scenarios?

What I found is that it was quite consistent in terms of winning and losing baskets.
often it will win 4-5 baskets and then lose 4-5 depending on market ranging/trending.

What I wonder if it would be possible to modify the attached EA with a new parameter.
Reverse trading:True,False or Auto.
Reverse trading false:everything working as is, buy when strong sell when weak.
Reverse trading True:It will open sell when the EA gives buy signal and buy when EA gives sell.
Reverse trading Auto: in this case it will start trading with Reverse trading false, if the basket close in profit, it will keep trading next basked with reverse trading false. If the basket is closed in loss, then the next basked will be using Reverse Trading True... keep trading to next basket closed in loss, then switch. The idea is to use reverse when ranging and default when trending.

Possible?

 

[Enivid]

Are you sure that reversing this EA's signals would produce winning trades in place of the losing ones? Because not all EAs are good for reversing. If the EA mostly closes the trades by SL and TP, reversing its signals won't help much.

 

[kim Larsen]

Hii Enivid,
No, I am not 100% sure.
I tried it with a copy tool that could reverse, by running it on two different terminals.
The problem is that to many orders where missed so the result was not consistent, but it looked promising.

 

[Enivid]

You could check its backtesting history - if a significant share of orders is closed by SL or TP, there is a high probability of its reversing being useless.