Firedave

Thanks for your sugestion .

What do you think add Hull trend indicator to confirme the trend ?
I am testing this strategy in H4 .

See the results look good .

Attached Files

Statement hull.htm (12.3 KB, 1047 views)

Good results Fxparadise, what setting you are using?

Thanks in advance

laserjet

HMA period 20
price 0
Displecement 0

All default setting .

Hi, the current EA will open another trade if you close the current trade manually, regardless any setting we use. Need additional code to prevent this to happen. Hope this help

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David Michael H
"Trader helps traders with sincerity, honesty and integrity"

Hi Paradise, thank you for the suggestion. Can you post the EA that you are using so I could look at the logic behind the strategy ? Or just let me know your trading rule using HMA. Thank you in advance

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David Michael H
"Trader helps traders with sincerity, honesty and integrity"

Firedave

I do not have EA , will be nice if some one built or add in some another strategy .

I use 2 indicator . hull trend and hour channel indicator .

The rule is simple :
take long if price archive bottom support and hull trend color change from red to blue ,or take long if Top resistence breakout happen and hull color is blue or when color change from red to blue . short is opposite of above .Also I use middle line sup/ resist with same above logic and place TLS 50pips .

I am started test this strategy few days ago , maybe the people here can help us to develop strategy or add somethink in your strategy .



See the indicator

Attached Files

	HoursChannel_v1.mq4 (5.2 KB, 507 views)
	Hull Trend.mq4 (3.5 KB, 503 views)

Hi Paradise, thank you for your trading plan, I will take a look on it. Maybe we need a seperate EA

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David Michael H
"Trader helps traders with sincerity, honesty and integrity"

would you please put the minimum distance feature between the crossing of slow and fast ma for confrming entry position.because if it cross only 1 point, it 98% definitely false breakout.thx in advance

Hi kucinx, sounds like a good idea. What is your suggestion for the minimum distance of a valid cross ? Thank you in advance

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David Michael H
"Trader helps traders with sincerity, honesty and integrity"

Guess what? I just closed the trade manually and it never opened another trade.

But what I have noticed though, it's opened trades on USD/CHF and USD/JPY, but it hasn't opened trades on the AUD/USD when crossover appeared.
This was on the 5 minute chart, trading it live.

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Warm regards,

FXGuy2000
http://www.truth-about-forex.com