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The EA is set to break out (up or down) at value(s) provided by the user.
The real trend lines' value however changes according to the time which cannot provided by the user since no one knows the time value that price will break out of these trend lines.
What I really want to see is that the experts in the this forum can wirte two EAs. One is trading between High/Low trend lines that user drawn on the chart and the other is trading the breakout of these trendlines.
This is the exact reason that I want to try it out with indicator.
Demark Trend line re-draw trend lines as trend changes.
However, I am not sure if this will work though. If trend line HAVE to be draw on the chart first, BEFORE put EA on, then, this won't work.
Quote:
Originally Posted by jimmyking
The EA is set to break out (up or down) at value(s) provided by the user. The real trend lines' value however changes according to the time which cannot provided by the user since no one knows the time value that price will break out of these trend lines.
What I really want to see is that the experts in the this forum can wirte two EAs. One is trading between High/Low trend lines that user drawn on the chart and the other is trading the breakout of these trendlines.
I am wondering if putting trend indicator, like Demarks' trend indicator on it first, then, put this EA after. If it works, it will be great. We'll see.
Post # 4 in Waddah Attar's thread was:
Quote:
بس عندي سؤال هل الاكسبيرت يعمل مع خطوط ديمارك
translation:
Do the expert work with Demarks' trend indicator?
Waddah answer:
Quote:
بالطبع يعمل هذا الاكسبيرت مع أي مؤشر يرسم ترندات
translation:
Yes it works with every trend indicator
unexperienced traders enter the markets focused on how much money they stand to make
Professional traders do the exact opposite, they focus on how much money they stand to lose
There seem to be some additional info in the message in the thread on arabictrader.com Ibn Fernas referred to (I looked at the Google translation), which says something to the effect that you would have to replace buytrend and selltrend with whatever indices Demark's trend indicator uses. Maybe Ibn Fernas can confirm this? Not being able to read the original I may have misunderstood.
Hi:
I guess I need to look into more info on this EA.
Either using Demark Trend indicator or manual trendline and attach EA did not work.
Quote:
Originally Posted by zuijlen
There seem to be some additional info in the message in the thread on arabictrader.com Ibn Fernas referred to (I looked at the Google translation), which says something to the effect that you would have to replace buytrend and selltrend with whatever indices Demark's trend indicator uses. Maybe Ibn Fernas can confirm this? Not being able to read the original I may have misunderstood.
Thank you barnix,
that has made testing this combination so much easier.
Please check the GIF to make sure that the EA and the Indicator are correctly in place.
Thank you for the info.
I think I understand.
Now, market is closed, so, I couldn't test this, but I will give it a go tomorrow when market opens.
Ibn Frenas,
Thank you for posting his translation.
It seems pretty clear and if this is what it say it does, it's exactly what I have been looking for. I am a big fan of trend trading and I have been trading this strategy (break trendline) manually for long time.
The part I had question before was what to fill in the blanks. (see attached image). All others, it's self-explanatory..
Do you know what need to be in the blank? or Just leave it blank?
I am assuming it is there for reason.
The blanks are there to separate the inputs. They are not inputs themselves. I use this method to show users what values can be used for some inputs or to let them know they will be entering values for a particular indicator. Sort of like a menu list for some values.
Linear Mode
