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MrPip, MiniMe, Frantacech,
Thanks a lot for your willingness, I know that I am still learning MQL language, so I cant help too much
I will state the rule for EA more specific and easier to understand
The logic for DIN EA
--------------------------------------------------------------------------------
The Entry for Sell condition, picture attached
1.if the closing candle lower than previous candle then 2, else 6
1.if Bband Stop=red ; Heiken Ashi MA=red then 3, else 6
2.if Fisher m11=red then 4, else 6
3.if StepMA Stoch=crossing red ; Magenta(color) crossing below Aqua(color) then 5 else 6
5. Open SELL 0.1 lot SL=30 trailing stop=15 (this setting changeable)
6. No trade
return (0)
The Entry for Buy condition, picture attached
1.if the closing candle higher than previous candle then 2, else 6
1.if Bband Stop=blue ; Heiken Ashi MA=blue then 3, else 6
2.if Fisher m11=blue then 4, else 6
3.if StepMA Stoch=crossing blue ; Magenta(color) crossing upper Aqua(color) then 5 else 6
5. Open BUY 0.1 lot SL=30 trailing stop=15 (this setting changeable)
6. No trade
return (0)
ANCOLL
Its ok rules. I have small modify.
The Entry for Sell condition, picture attached
Wait on m15 graph on veer trend near up on down - CROSS ZeroLagStoch
If CROSS Zerolagstoch, waiting on correct ISAKAS signal - closing candle
After correct ISAKAS signal M15, first closed candle, waiting on ISAKAS signal on M30, if correct signal, immediately open trade.
This is system open trade after FIRST M15 closed candle, but 1/2 M30 candle, 10 ..15 min. before other. BUT ONLY on FIRST CANDLE, no after x closed candles!!! MOMENTUM and excelent entry.
1.if the closing candle lower than previous candle then 2, else 6
1.if Bband Stop=red ; Heiken Ashi MA=red then 3, else 6
2.if Fisher m11=red then 4, else 6
3.if StepMA Stoch=crossing red ; Magenta(color) crossing below Aqua(color) then 5 else 6
5. Open SELL 0.1 lot SL=30 trailing stop=15 (this setting changeable)
6. No trade
-----
If entry ok, maybe use next entry after 15pip profit with SL at previous order = 15pip and modify previous order SL to breakeven.
After next 15pip profit, next order with SL 15 pip, previous order breakeven and first order sl 15pip profit. etc.
Its martingale with koef, progression =1, BUT reverze - MARTINGALE PROFIT, no loss. Brutal profit if trend ok, still risk only SL one order!
Look picture, do you understand me?
__________________
RUN With The BULLS And HUNT With The BEARS - Nothing By Chance
Last edited by frantacech; 02-10-2007 at 06:28 PM.
@MiniMe
I will try the DIN EA v1.1 once more, and I will give the result, thanks MiniMe
Hmm..
I forgot to included this on the rule
If H4 and D1 = red then Sell else no trade
If H4 and D1 = green then Buy else no trade
(added from MiniMe)
Now let's recap the entry for EA from me, frantacech and MiniMe.
I hope MrPip won't get confused with this.
Dear ANCOLL
keeps the simple rules you and frantacech wrote above and forget my presious statement to trade with the trend ...here is why ?
I suggested trading with the trend to avoid the signals from Isakas on fib levels against strong down or up trend, this have created another problem, because if we always apply this rule, and there is a trend change on the 4H or a daily we face more losses that way…. So avoid my idea trading with the trend,
however the trend should give us a good exit signal when trading Isakas and we detect that we are trading against strong down or up trend then we either limit the profit to 10-15pips or we don’t trade….in brief trading against the trend is not bad as long as its not a strong up or down trend, if it is then the profit should be max 15 pips. see the pic and you will know what I am trying to avoid ....
MACD and cross EMA should be an easy way to avoid these entries...or switch to 1H and see Isakas apply Isakas for 1H time frame.
The other problems is trading in a narrow bands also we get bad signals the sol. is to use bollinger sqeez, or bollinger bands, and the rules to trade a bollinger is to wait the bands to break then wait one confirmation candle ( close higher than the break candel )and the targeted pips should be as long as the narrow band OR simply trade Isakas on the break of a narrow bands and target more pips ....
now all what I am siad is quite easy to apply on a manual trade I am not sure, how we are going to do that in an EA if it was a C langauge i would have done a couple of IF statements and thats it.
The only way out of this dilemma is Mrpip ( Robert ) since he is a very experianced programmer.
let me suggest something.
if someone can start drawing a chart of what are the conditions to trade so its easy for Robert to apply
For example :
************************* Check previous open trades******************
*******************open trades ********** No open trades***************
*********************Money management Bla Bla Bla ********************
*************************Check the current balance*********************
***********Bla Bla Bla ************************************************
************if all the above is ok, check Isakas rules ***********************
***********we have a signal then trade ***********No signal go to sleep *****
********we got a signal from EMA or MACD for a strong trend *****************
******** check the current open trades and see if they conflict with the trend*****
***** close the trade or stay in it ...Bla Bla Bla ….**************************
This is not correct, I just drafted something to give an idea, but this will help any programmer to do the program faster, and if we start the flow chart then any new ideas can be easily integrated into the chart once we all agree what is best to be done .. I hope we get some feedback from technical traders as well , that way Robert can start building the EA model knowing what his inputs and outputs
we got 2 very qualified programmers on MT4
We can help for free to imporve this Ea
Please send me last version + pack of indicators and inform imporvement U need on this EA (new rules or rules correction)
please post it here on the forum
Kind regards
jer
Quote:
Originally Posted by MiniMe
Dear ANCOLL
keeps the simple rules you and frantacech wrote above and forget my presious statement to trade with the trend ...here is why ?
I suggested trading with the trend to avoid the signals from Isakas on fib levels against strong down or up trend, this have created another problem, because if we always apply this rule, and there is a trend change on the 4H or a daily we face more losses that way…. So avoid my idea trading with the trend,
however the trend should give us a good exit signal when trading Isakas and we detect that we are trading against strong down or up trend then we either limit the profit to 10-15pips or we don’t trade….in brief trading against the trend is not bad as long as its not a strong up or down trend, if it is then the profit should be max 15 pips. see the pic and you will know what I am trying to avoid ....
MACD and cross EMA should be an easy way to avoid these entries...or switch to 1H and see Isakas apply Isakas for 1H time frame.
The other problems is trading in a narrow bands also we get bad signals the sol. is to use bollinger sqeez, or bollinger bands, and the rules to trade a bollinger is to wait the bands to break then wait one confirmation candle ( close higher than the break candel )and the targeted pips should be as long as the narrow band OR simply trade Isakas on the break of a narrow bands and target more pips ....
now all what I am siad is quite easy to apply on a manual trade I am not sure, how we are going to do that in an EA if it was a C langauge i would have done a couple of IF statements and thats it.
The only way out of this dilemma is Mrpip ( Robert ) since he is a very experianced programmer.
let me suggest something.
if someone can start drawing a chart of what are the conditions to trade so its easy for Robert to apply
For example :
************************* Check previous open trades******************
*******************open trades ********** No open trades***************
*********************Money management Bla Bla Bla ********************
*************************Check the current balance*********************
***********Bla Bla Bla ************************************************
************if all the above is ok, check Isakas rules ***********************
***********we have a signal then trade ***********No signal go to sleep *****
********we got a signal from EMA or MACD for a strong trend *****************
******** check the current open trades and see if they conflict with the trend*****
***** close the trade or stay in it ...Bla Bla Bla ….**************************
This is not correct, I just drafted something to give an idea, but this will help any programmer to do the program faster, and if we start the flow chart then any new ideas can be easily integrated into the chart once we all agree what is best to be done .. I hope we get some feedback from technical traders as well , that way Robert can start building the EA model knowing what his inputs and outputs
__________________
ZiFX25000
____________________ ''Follow the trend''
we got 2 very qualified programmers on MT4
We can help for free to imporve this Ea
Please send me last version + pack of indicators and inform imporvement U need on this EA (new rules or rules correction)
please post it here on the forum
Kind regards
jer
hi zifx25000
You can find the rule on the first page, that's the update rule...