Envelopes strategy just open buy position

[mavidelisi]

Hi Kenorb ;

when i test robot for envelope strategy regardless timeframe , it just open buy position , not sell position.

Thanks.

[kenorb]

What's the platform version and period you're testing? Which timeframe you're assigning Envelopes strategy?

[mavidelisi]

Alpari Mt4 Version 4.00 build 1384 and M15, M30 and H1 Envelope Strategy and H1 SAR Stop . Last version Advanced and Rider EA used.

Thanks.

[mavidelisi]

In the same way; all Symbols ,EURUSD, GBPUSD, USDJPY etc. all parameters are the same, only the strategy was chosen Zigzag. He's just opening a buying position again. Not open sell

[kenorb]

• Tested EA Lite v2.013.1 with Envelopes strategy on all H1-H12 between 2023.01.01 and 2023.08.16 on EURUSD with other default params, it opened 85 short trades, and 109 long trades (MT5 with Blackwell broker, this is what I had at hand).
• Tested EA Advanced v2.013.1 with Envelopes strategy on all H1-H12, same as above, Open signal filter = 68 - didn't open any trades.
• Tested EA Advanced v2.013.1, same params as above, but with Open signal filter = 64, it started to open trades.

So I think Open signal filter 4 (related to Pivot checking) makes the difference.

In general Envelopes should trade both directions, but due to filtering, it may seems it's not. Envelopes indicator already providing very smooth values, so it may not work with all filters.

The conditions for opening the trades can be found at https://github.com/EA31337/Strategy-Envelopes/blob/v1.012/Stg_Envelopes.mqh#L106-L127. I think they're fine, but I'll double check them on the next version, if I can improve anything.

For now, you can change the value for open filters to less restrictive, so it should start trading.

[kenorb]

Fixed in 12ecdb73730ea5ad855c629c7bdee87f51bad8c5. Now signal for shorts vs longs is more balanced.