APS forex search question

Discussion in 'Trading Software' started by trader3cnd, Sep 21, 2008.

  1. I need some help from APS (Automatic Pattern Search) experts: what values should I enter in the T/S file if I want APS to search for patterns in intraday forex data (eurusd) with 25 pip profit target and stop loss?

  2. ronblack


    Since APS just adds/subtracts the target/stop value from price, it makes sense to use 0.0001 x Number of pips. For 25 pips then the proper value to use is 0.0025 but make sure you specify "inc" on the search workspace otherwise your entries in the T/S file will be used as percentages of entry price.

    I think the forex search examples on the APS website provide an answer to your question:


    In case C for example, for 50 pips target/stop they use 0.05 (Target and Stop columns).

  3. Thank you Ron. I tried the numbers as you said and everything works fine.