GTPRO trade signal treshold % has no effect on consolidating confluence?

Hello Tom,

As you can see at the image attached no matters what % I set up to the parameter Trade signal threshold %, It has no effect on consolidating two signals in this case.

Despite the fact that this is only one image I have, I have tested with 1% to 100% and no change with the position of the entry.

Weird to noticed that the only entry that remains is the only that never should be the one.

Weird is the fact that GTPRO is able to plot (and calculate it!) 1 and 2 on the chart nut takes the trade at the first signal no matter % I input in.

What am I missing here?

May be I have this wrong concept in my mind that I have to change. I thought that in my logic mind that: GTPRO consolidates signals, in this case 2 signals indicators and I am assuming that if I input 100% |( in my case I tried 1 to 100% and no changes in the entry point) would mean that the entry would be at the next bar that the same program was able to paint 1 and 2 on the chart.

Why the program is able to paint 1 and 2 at the same bar and my logic mind does not understand why GTPRO takes trade in the wrong place and not at the bar that painted 1 and 2 or the next bar? Again NO matter the % nor # bar back?

Appreciate your help to sync my mind with the program logic.

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Hi

In the image the trade is taken on want appears to be a 25% signal consolidation threshold - being that there are two indicators -this means any signal will be 50% and trigger the trade it long or short - providing the other is not countering that with an opposite trade value. Therefore i would expect to see a long at that bar -as the first signal and trade entry executed by the strategy.

1 Entry Per direction
The strategy is in a trade until 15.30PM then a profit target was hit.
This means further signals will no occur at that point until flat.
Trades Per Direction - If the trades per direction parameter= 1 - it will not trade long again until a short has occurred or the session break occurs.

Note: The chart bars start where the trade starts - so with a look back of 6 it will be looking 6 bars ago so the first 6 trade signals will fire a trade long - but only 1.

So with your settings in that images the trade is occurring in the correct place.

Trade Weight 

Also note that your have trade weight 2 on in the #2 indicator - TW=2
so essentially you are trading with 3 indicator signals.

The first trade had a threshold value of 100%
With just 1 signal from 2 it would have been at 50%
As indicator #2 has Trade Weight 2 - it is counting 2 indicator signals long from an expected 2 indicators - so its plotting 100%.

Looking at the trades that follow it goes up to 150% when both indicator 1 and 2 fire long.

Please see here:

CS=150%
So you will need to have the GT Pro Threshold set to say 150% to count when both physical indicators fire at the same time...

Historical Trades
If you like you can set the General PArameter
Min. bars Required = 20 so the strategy will not start on the first bar.

Also:
You can if you like switch off historical trading and only see realtime trading in the general parameters MT - Trading Mode = Realtime

Please let me know if you require further assistance

Tom

MicroTrends Support
support@microtrends.co
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