Quote:
Originally Posted by Enforcer
I know is not much help that kind of increasing spacing, but wasn't my idea 
I was thinking about such indicator and also I think RSI will be more suitable than CCI.
About DD you have, maybe if you switch to ProfitMode=2 (Global Close) when is starting to lose to much may help.
I'll make some tests soon, maybe I'll find a better combination of indcators. |
Thanks very much for your advice! Start testing. I really forget this possibilities to switch the profit mode=2. About RSI: I also think that with RSI we`ll get better results than CCI. I want just for information to let you know that in the platform of fxcm.com (this is not MQ4 based platform) there is indicator named AdaptiveRSI (ARSI). This is a recommended indicator there from a very few recommended. For me it`s working unbelievable good. ARSI is not oscillator. You can attach it on the chart or even below the chart. Yes, like oscillator RSI is good when you are looking for divergence, but in our case we no need any divergence signals. RSI is pressed between 0-100 and that’s why gives many fake reversing signals especially in the overbought/oversold levels. Unfortunately I didn`t found information about formula of ARSI. Also didn`t found ARSI or similar indicator in MQ4 database. For sure you know better than me how to find the formula. For me ARSI will be very comfortable for triggering if found like MQ4 indicator. I`ll be contented if this info was helpful for you.