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I did not use some indicators. But we may use them instead of No3.
No1 indicator. This indicator is painting the bars according to AbsoluteStrength_v1 indicator (remember some explanation about trading zones and non-trading zones based on AbsoluteStrength_v1?). So you should have AbsoluteStrength_v1 indicator in /indicators folder. No2 indicator (No1, No2 and so on is just names of the indicator. Does not mean anything - just a names). It is the same with No1 indicator plus RSIFilter_v1. And too filtered because of that. I am using No3 indicator in asctrend_m30_new system and you may find it in the pevious post. It is based on RSIFilter_v1 indicator only. |
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No4 is interesting indicator. It based on RSIFilter_v1 and ATR ratio indicators.
No5 is using AbsoluteStrength_v1 indicator but without any trading/non-trading zones. May be this No5 is the same with histogram. I use No3 in template. |
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Impressive usefull EA. Months looking for this. And just a question. Could be possible to add the stop option. A simple option to set you SL. IE: -35 SL. If your trade is -35 form the entry point then the EA close it. This can help to avoid Stop Loss hunters.
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But modifications are different. And last one does not mean the best one. Simple I want to modify the system to have one trade per chart per day. |
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Newdigital has developed different setups for different timeframes. You can use M1, M15, M30 and/or the last M30 new version (still in test). Each setup has different exit rules and each setup has different indicator excluding ASCTrend which a common one.
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Risk
After having read an old post I started to experiment with different risk numbers.
Here are 3 pics an each has the risk number used in the name. Increasing the risk variable you got less signals, but when you increment the risk number you do the same with the time neccesary to take the signal. Decreasing the risk or using the default, gives you a lot of signals that need to be filtered to discard as non valids. Higher risk variables let you stay more time in a trend, with lower risk you could be out before time. Pls compare, and tell me what you think. PD: clear pics has the No1 indicator
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| Posted By | For | Type | Date |
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