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TrendMeLeaveMe
I am not going to say a lot about this cause the real work is for a guy called Waddah, an amazing programmer
-------------------- I have removed the translation as a better version of the translation is done by Ibn Fernas on post 5 down ------------------- This is a trend break EA, which means it will place a trade after the trend line (which you need to draw or use an indicator to draw the trend line for you ) is broken. the setting is very easy, draw a trend line, and from the property of the trend line give it a name... then put the EA and put the name of the trend line you draw on the BuyStop_TrendName or SellStop_TrendName put the setting for TF and SL you can draw two trends at the same time or use an idicator to draw the trend for you. the EA will not place the TP and SL when its first executed it will wait for a while to avoid rapid changes in the market, then it will place the SL and TP ... On post 63 I have added some trend line inidcators ( some will not work with this EA as they change the name of the trend line ) branix made an interesting addtion of the e-trailing on post 27 ,which is also an expert and you need to place it on a new chart, to trail the trades made by TrendMeLeaveMe EA and also we have a fixed version of the SHI indicator on post 35 by Perky Thank you guys This is where i orginally found the code. http://codebase.mql4.com/1024 below you will find two files one is the open source code for the EA the other one is the new version but the source is not open anymore !!! I don't know why. Regards, Alan --------------------------- March 31st 2007 I have added the Gold version of the EA and made a small picture so you can understand - Sell Stop : Break from Up to down of the trend - Buy Stop: Break from down to up of the trend - Buy Limit : Bounce from up side of the trend - Sell Limit : Bounce from down side of the trend and that is for UP, DOWN or SIDE trends ------------------------------------------ You have 4 cases : 1- when the trend is broken from down ( as if you thorugh a ball and it goes through the ceiling and kept moving up ) buystop you buy above the break 2-when the trend is broken from above ( as if you though a ball and it went through the floor and kept on going down) sellstop you sell below the break 3-when the price bounce from the trend from above ( as if you though a ball to the ground and it bounce up and kept moving up ) buylimit and you buy at the bounce point 4-when the price bounce from the trend from down ( as if you though the aball to the ceiling but it came back and fall down again ) selllimit and you buy at the bounce point ... I hope that will clear everything
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“Risk comes from not knowing what you're doing” “Be fearful when others are greedy and greedy when others are fearful” Warren Buffett Last edited by MiniMe; 04-06-2007 at 01:58 AM. |
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LOL Abrs70, you did not have to quote all the text, i spend a week to scroll down.both are EAs, except i found the zip file first from Waddah post and he said it was updated, he did not post the code, so I looked for the source code and post it. are they the same really i don't know. Its really very interesting EA but I have not tried it and no plan now as I am trading reversal system now, and testing DIN EA as well... for the EA to work you need to draw the line manually have a look here http://codebase.mql4.com/1024
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“Risk comes from not knowing what you're doing” “Be fearful when others are greedy and greedy when others are fearful” Warren Buffett Last edited by MiniMe; 03-03-2007 at 01:21 AM. |
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Hi:
Do you know how to use this EA? Just draw the line and attached EA to it? I don't know what to put it in the setting: Buy_Stop_Trend_Info and Sell_Stop_Trend_Info.. Do you know? I went to the site that you mentioned above and he post the chart there as an example, but still doesn't explain what to put it in that setting. Maybe I am missing something so obvious.. Thanks, Quote:
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Manual Translation
:Waddah Attar ------------- First i want to mention that this expert is not build to trade on programmed strategy It work in making orders after the breaking of a trend that you manually drew on chart all what you have to do, is to draw a rising and/or falling trend on the chart when the price break a trend the expert take a position with a TP and SL that you choosed before you can draw a horizontal lines uper and lower the price (channel) and the expert will work after the breaking most of the trading techniques use trend, either trend, fibonacci, camarilla, or support and resistance all what you have to do is to draw the line and go to sleep or work that's why i call it TrendMeLeaveMe The expert can work on many pairs at the same time with no technical problems the expert work on pending orders, and the order is automatically changed when needed to connect the first trend with the expert we call it buytrend if we wanna buy after breaking it (write with small letter) to connect the second trend with the expert we call it selltrend if we wanna sell after breaking it (write with small letter) The trend work more accurate on half hour and lower you can place th TP, SL, and lot size from the expert properties for every trend there is a lower and uper border or zone, for the rising trend, the lower border represent the the area of forming pending order and editing it the upper border is the difference between the trend and the buying order the same for the falling trend when the expert recognize the trend it automatically draw a two yellow parallel lines (boarders) It's important that we draw the trend while the expert is turned off and we turn it on after drawing ------------- Regards Ibn Fernas
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FREE Harmonic Trading Offers 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 |
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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. Quote:
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. Quote:
Last edited by fx4_ever; 03-03-2007 at 03:44 PM. |
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These lines are just separtion bewteen different settings
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“Risk comes from not knowing what you're doing” “Be fearful when others are greedy and greedy when others are fearful” Warren Buffett Last edited by MiniMe; 04-01-2007 at 01:20 AM. |
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Quote:
i translated at night so sorry for the mistakes ![]() As i understand we write buytrend in the first value after drawing the trend (buy positions) and selltrend (in seventh value) for (sell positions) for the sentence (write with small letter) it means write in small letters (not capital letter)Regards
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FREE Harmonic Trading Offers 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 |
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Thank you,
I will do the demo tomorrow and see how it goes. 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. Quote:
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LinkBack to this Thread: http://www.forex-tsd.com/expert-advisors-metatrader-4/6261-trendmeleaveme.html
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| Untitled document | This thread | Refback | 08-02-2008 04:47 AM | |
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