Quote:
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Originally Posted by newdigital
I translated few words to English (attached).
I looked in side the code and this EA works as the following.
First of all we have cci1, cci2 and ema.
Code:
cci1 = iCCI(NULL, 0, CCI_Period, PRICE_TYPICAL, 1);
cci2 = iCCI(NULL, 0, CCI_Period, PRICE_TYPICAL, BarsForCheck);
ema = iMA (NULL, 0, EMA_Period, 0, MODE_EMA, PRICE_TYPICAL, 1);
cci1 is CCI with Typical Price and period of 55 on the first bar (previous from current one).
cci2 is the same with cci1 but during the 4 bars ago.
ema is EMA with Typical Price and period of 34 on the first bar (previous from current one).
Signal for buy:
Code:
cci1>100 && cci2<-100 && ema>Close[1]
It means the following: CCI value should be above 100 on the previous bar and below 100 during the 4 bars ago. Besides EMA should be above closed price.
Signal for sell:
Code:
cci1<-100 && cci2>100 && ema<Close[1]
Opposite for sell.
Closng the orders:
sl, tp, ts and signals for exit.
I did not find any single case on the history which meets this sell/buy requirements. |
AAh ok seems to be going for a thrust move from -100 to +100 in a 4 bar incrament.
I can see potential in this theroy but its trailing stop really sux.
If any one can fix the trailing stop so it will trail like e-trailing...move s/l to be then set a # of incraments there after I can probly get this to work for a good 5-10 pip scalp on 1-15 min time frames and more on higher times.
4 bars is too small a bar count. It don't happen very often or if it does the ma is filtering entry's. Using a higher bar count has increased the # of trades but It misses target of 10 pips and hit s/l too much. s/l needs to trail to b/e with in 5 pips move.
Thanks for the help
Dave