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This EA based on insakas II..not always open trade but only open trade when strong signal. From what I understand of this EA..it refer to the BBand signal, and only open trade on first 3 signal..example: if BBands signal change from red to blue, then it will check others signals(Fisher,FlatTR,nonlagdot), if those signals are all blue then the EA will do BUY. (for above action only done within the first 3 BBands signal).
recommended setting:
Currency pair = GU,EU,UJ,UC(it's suitable for lower spread pair..currently I just try GU,it's ok)
TF = M15
TP = 10
SL = 30(this is the problem I face..i cannot set the proper SL I wish)
MyLot = 0.1(the Lot size, it depend on what size u wish to play)
Minimum Margin = (must be lower than your equity/balance,normally 50% of it)
* TP cannot less than 10, else the EA wont open trade.
* When your free margin reach or lower than the Minimum Margin you set, the EA wont open trade.
* All above is wat I understand of this EA, if anything wrong pls correcting me! sorry for my poor english.
Good system but you will have always 10 pips of profit
the most important its Stop loss its ok but how many pips ???
and take profit trailing stop loss when is in trend must to add more position
i know this system gives 10 pips all times risk = null
give a loock when non lagot point are inside the chandles
Good Pips to all
First of all , would like to thank you Mr Kuskus for being so kind to share
the indicators that he invented .
I consider myself was late to discover these wonderful indicator .
But late than never .
I backtested it and found that these indicators are accurate .
I got an idea but dont know how to proceed .
IF we could transform these indicators into Expert Advisor , it will be much easier for us to trade as we could not be on the PC all the time .
We could use the BBand as the trigger point - Entry to buy/sell with conditions of others indicator such as - Heiken Ashi , Fisher and Flat trend of the same colour . While exit if the colour changes .
Who's out that could write a program to create such an Expert Advisor ?
First of all , would like to thank you Mr Kuskus for being so kind to share
the indicators that he invented .
I consider myself was late to discover these wonderful indicator .
But late than never .
I backtested it and found that these indicators are accurate .
I got an idea but dont know how to proceed .
IF we could transform these indicators into Expert Advisor , it will be much easier for us to trade as we could not be on the PC all the time .
We could use the BBand as the trigger point - Entry to buy/sell with conditions of others indicator such as - Heiken Ashi , Fisher and Flat trend of the same colour . While exit if the colour changes .
Who's out that could write a program to create such an Expert Advisor ?
I could not attached the graph of mine .
FOLLOW THE RULES WHEN ALL IS RED SHORT WHEN NON LAGOT BLUE TAKE PROFIT WHEN ALL BLUE GO LONG AT THE FIRST NON LAGOT RED TAKE PROFIT
Bro , i fully understand your issues as i'm exactly like you 2 months back . When i set my stop loss ( usually 20 pips below my entry price ) it always hit and after hitting my stop loss the **toot** price went back up again ...
And i think the other seniors didn't answer this type of questions is because its an open ended question with many ramifications . The best that i can offer you is just my own personal tips ...
1 - You MUST have a Money Management System (MM) !! Know how much you can risk in every single trade . This way , you can embed your own Risk / Reward Ratio and know how much you can risk in a single trade .
Example :
You have a risk capital (deposit) of USD 1,000.00 and your own MM is that you are prepared to risk 5% of your capital . If you enter a contract of 0.1 Lots ( 1 pips = 1 USD ) , that means you are prepared to risk a maximum of 50 pips .
So , lets say you're entering 0.1 Lots for Euro/USD Long at 1.4075 that means you will set your SL at 1.4025 ( 50 pips difference ) . For T.P , its the same , TP should be built-in into your MM System . For this example lets say we set a TP of 15 pips ( as recommended by Bro Zeman ) , and using the TF30 as our Main Screen . ( Using Isakas 2 as entry indi of course !! )
And because you have did your research beforehand, you know that the USD will be weak after the Fed Rates cut of 50bps and a Discount Rate cut of 50bps and after some time , you hit your TP target . The price did fluctuate but because you have set your SL a reasonable distance away ( as per your MM ) , it did not touch your SL . So a big smile with a profit of 15 USD !
This is just a simple example . You should incoporate Support and Resistance Values , Fibonacci Retracement Values and Fundamental Analysis forecast at the very least to have a good MM in place . There are so many other variables that you can put in place to make your MM as excellent as possible . I'm also still learning and the more i learn about FX , the more i realise that there is so much more to learn ....
Anyways , all the above means that the SL and TP values is not set in stone . Its a dynamic value and it depends on YOU and your MM to make it into a "meaningful" value ...
Does anyone have the source code for the misakas_v1.2? I am asking, because I have been forward testing it with good results, but I just got a message that with the newer versions of metatrader, you have to re-compile all experts. And to do that I need the source code.
Does anyone have the source code for the misakas_v1.2? I am asking, because I have been forward testing it with good results, but I just got a message that with the newer versions of metatrader, you have to re-compile all experts. And to do that I need the source code.
Thanks
I was reading: Expert Advisors and scripts compiled in build 213 must be recompiled. If the ex4 was made with 211 or previous should be fine.
Does anyone have the source code for the misakas_v1.2? I am asking, because I have been forward testing it with good results, but I just got a message that with the newer versions of metatrader, you have to re-compile all experts. And to do that I need the source code.
Thanks
no its protected good results ???
ive tested its this week on demo my settings were TP 20 SL =0 LOT= 0.5
TF 15 Min
yesterday ive tested Misakas 1.3b but not so good results i used traling stop
always has taked the trailing stop
i dont know how to define the stop loss
no
Isakas - Graph of mine
Linear Mode
