Decompiled is source code generated from decompiling an executable file (EX4).
Occasionally, it's a form of theft of intellectual property.
I asked because I do not know whether you knew it had been decompiled code.
Hello Forexpinbar and All,
Placing the de-compilation issue aside for a moment,
I shot a peek at the chart you submitted, and applied the indior to few charts.
The gained pips displayed on the chart is deceiving, because there's now way to find those pips,
This is the chart you submitted, with potential entry/exit on opposite signal situation:
The exhibited (supposed /max ) gained pips are actually known only after an opposite signal is confirmed, but if we wait for until opposite signal is exhibited we'ld shed the majority of the supposed gained pips and in many cases end in negative pips.
You may suggest using Fixed TP, but what that could be? A 1:1 RR, again the majority of the signals don't reach 1:1 RR, I've checked many charts.
You might also suggest a Trailing Stop, but again the yields would be mush less if ended in profit in any way.
Best Regards,
Khalil
Thanks for your concern and response..You are right about profit eating away when opposite signal appears..That is your challenge relating to this indior..But using a suitable stop loss and take profit this indior can be profitable..Like for instance, using the Average Signal on indior dashbaord that's the average pips per signal as take profit will arrive in handy.As for stop loss I havent thought of anything concrete yet since I'm still tweaking for optimal stop loss and its very tiresome doing it manually. . .Note that one may change the MinRange, MaxRange and HighLowFilter in indior input can be tweaked for pips, that will mean few signals on chart. . .Honestly, the reason I was interested in the indior at the first place is because I thought we can capitalize on the win rate of this indior and hopefully create a profitable system. .
I asked a buddy coder to make EA for indior and he did so I analyzed EA on Friday with different stop loss and take profit and results werent that bad.