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Cool
One last thing, looks like it only opens one trade at a time, is this the way it is supposed to work until the pending trade is triggered or deleted?
EDIT: Do these trades agree with the indicators?
Don't see any rhyme or reason, EA trades when bar is below red line and also when bar is above red line.
Last edited by matrixebiz; 01-04-2008 at 04:33 AM.
Then what is the second indicator doing and do both indicators have to agree at some point for a buy or sell?
If you bother to read the settings, code and this thread ,u will get the answers.
The second MACD is longer trime fram and the first is the quicker time frame and trigger.
I would be repeating what is already written in this thread .So read the first post and settings
MACD 1 with settings 12,18 and 15
MACD 2 with settings 48,104 and 36
Set trigger level on Macd 1 at 0.0007 and -0.0007
For longs both macd must be positive and trigger levels 0.0007 must be touched and for shorts both macds must be negative and trigger level of
-0.0007 must be touched
Then what is the second indicator doing and do both indicators have to agree at some point for a buy or sell?
For your information, if you use this EA on JPY pairs, which is 2 decimal places, you need to change the trigger to 0.07 instead of 0.0007. Or it will keep opening sell when the 1st indicator and 2nd indicator below 0.
Regards
David
p/s: As Cid only provided example of EURUSD, which is 4 decimal places, thats why he empathized of using 0.0007
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
For your information, if you use this EA on JPY pairs, which is 2 decimal places, you need to change the trigger to 0.07 instead of 0.0007. Or it will keep opening sell when the 1st indicator and 2nd indicator below 0.
Regards
David
p/s: As Cid only provided example of EURUSD, which is 4 decimal places, thats why he empathized of using 0.0007
David
Is it possible to put in the code that if its on a YEN pair then force the decimal change no matter what someone inputs?
This should work. But the trigger you dont put 0.0007 any more, or 0.07. Just put 7 on the triggers, it will auto convert according to the specified pairs.
Regards
David
__________________
"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
I'm also assuming that EA is set to check - as long as signal is still valid by set gap amount then trigger the pending order, correct? Just trying to get straight in my head what is going on with the pending order, trigger signal and gap amount.
EDIT: see second pic. EA didn't close pending at 19:15
Last edited by matrixebiz; 01-04-2008 at 07:44 PM.
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