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Hi, could someone please create an EA based on the following indicator. It is based on the Freedombar indicator. The EA needs to buy when a Blue square appears and Sell when a red square appears. EA should enter on second square that appears. EA to include lot size, TP, SL and TS.
The Heiken Ashi overlay indicator is needed for the FreedomBar to work
Many thanks
Hi, I use it on 1Min chart of GBP/JPY with freedomBar set to 5Min Timeframe. Enter on the second square after color change and exit at 10pips. Hope this helps
Heiken Ashi Overlay Bar scalping system -> EA needed
This manually system is very simple, is based on 2 indicators:
Heiken Ashi Overlay
Freedom Bar
Freddom Bar is based in Heiken Ashi overlay, and Freedom bar is the unique indicator atached in the chart. It plots red and blue squares.
The manually system requires Freedom Bar in 5 minutes attached in 1 minute chart.
Very simple... when a red square appears we sell and when a blue square appears we close sell and buy. Idem on buy: buy when a blue square appears and close buy and sell when a red square appears.
Its a very agressive scalping with a lot of trades in a day, a lot of them will be loser trades but with small losses in pips... a couple trades will win good pips.
We put the orders always when a new square appears and the order is based in change colour of the previous square.
Its impossible 24 hours manually trading. So an EA to test long periods is needed.
I attach an image wiht 3 last hours in the eur.usd
I need a coder to development this EA, should be tf, tp, sl, ts... can anyone support me?
This manually system is very simple, is based on 2 indicators:
Heiken Ashi Overlay
Freedom Bar
Freddom Bar is based in Heiken Ashi overlay, and Freedom bar is the unique indicator atached in the chart. It plots red and blue squares.
The manually system requires Freedom Bar in 5 minutes attached in 1 minute chart.
Very simple... when a red square appears we sell and when a blue square appears we close sell and buy. Idem on buy: buy when a blue square appears and close buy and sell when a red square appears.
Its a very agressive scalping with a lot of trades in a day, a lot of them will be loser trades but with small losses in pips... a couple trades will win good pips.
We put the orders always when a new square appears and the order is based in change colour of the previous square.
Its impossible 24 hours manually trading. So an EA to test long periods is needed.
I attach an image wiht 3 last hours in the eur.usd
I need a coder to development this EA, should be tf, tp, sl, ts... can anyone support me?
Thanks
I witnessed some repainting using this Freedom bar last night. Is there an non repainting version? Or what has been your experience?
Yes, FreedomBar repaints sometimes. But we are opening and closing trades based on a colour change of last bar, so if sometimes (not much) repaints an a square our trading would not be too much affected.
inzider, I think that this indicator is not similar to FreedomBar, FreedomBar is based in Heiken Ashi-Overlay.