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Originally Posted by firedave
Hi Babar, if ConfirmedEntry = TRUE , then the EA will BUY only if the MACD histogram (+) zone on the previous bar. If ConfirmedEntry = FALSE, then EA will BUY as soon as the MACD histogram going to (+) zone on the current bar. On both case if the MACD histogram turn back to (-) zone, it will generate a close signal and open SELL trade if you turn StopAndReverse = TRUE. If you put PureSAR = TRUE , the EA will use NO SL, TP and Trailing Stop. Hope this help  |
Hi Dave,
Thanks for your help and reply....well I already tested what u have explained...but if the CONFIRMEDENTRY is False then it will buy if the histogram crosses 0 but if it rebounds then in my back test it will not close the BUY order which it should do and open a SELL order...please can you do back test with CONFIRMEDENTRY = FALSE and STOPANDREVERSE=TRUE...you will see the results or may it will work on forward test but not on backtest....what do you think..?? and yes i have managed to put the RSI..thanks for asking...
Thanks
Babar