Quote:
Originally Posted by jturns23
I made a bunch of modifications to the Piplite EA. The first thing I did was take out the fisher indicator. I then added a RSI filter to stop trading at oversold and overbought levels (70/30). I'll try the heiken ashi smoothed indicator too. Like i previously stated, i'm learning programming as I go. I'll keep everyone updated on my results.
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The only problem for the pipmaker is floating losses. Letting your losses run and keeping the profit tight. This is the reason why pipmaker failes lol. Logically it would be safe adding one indicator which finds the strong trend (ma's rsi, heiken ashi, supertrend) and confirming with indicator which finds the top and bottoms. Confirming each other before placing trades would be safer. Any one tried one of these? combining oscillator and momentum indicators.