Thread: Martingale EA
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Old 02-26-2008, 05:46 AM
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kayvan,

What is your opinion of the LastEntryFilter?

ES


Quote:
Originally Posted by kayvan View Post
this case may always happen .and we must find a solution for it . fortunately. there is a simple solution for filtering the additional orders .i told about Tom De Mark rules ,before .

He says for entering the trend . we must have one candle , that it`s close is higher(for buy) and lower(for sell). than it`s 8 previous bars . and wait till 4 candles couldn't`t do that . in this case ,then we are waiting for going the opposite way ,


sma 5 acts nearly like T.D.M rules . when a bar closed above ma 5 we go for long . and if a candle closed below the sma5 now after trigger it`s time to go short . otherwise we always will have such a problems.
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