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You wrote PC SignalExpert v1 but it is EA. This EA does not have any alert. This EA is trading on close bar (previous bar with signals). Almost all EAs are trading on close bar.
PriceChannel_Signal_v1 indicator is having alert (if you are trading manually for example). But, as i understand from the code ( sorry i am not the coder) so this alert was coded on close bar as well. What is the different between close or open bar alert? Signal for open bar is re-painting for any indicators. Anyone with no any exception even. That is why many people asked for "alert once only" or "alert on close bar". Because alert on open bar is noisy: the signal may be disappeared any time many times. Anyway see 1.1 version with alert on open bar (i am not a coder so just check it with GBPJPY or GBPCHF m1 timeframe for alert for example). But i am suggesting you to use v1 with alert on close bar. |
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It should be one or 2 EAs on this thread (or on different thread) but i am not sure about logic for how it opens the order.
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EA is closing the order on opposite asctrend arrow (close bar) and open the other other on next tick let's say. I mean the following: if sell asctrend arrow (or sell dot) so EA is closing buy order (if we have buy order of course) and opening sell order almost in the same time, or withing one bar. If somebody tells about how to code it so it may be fine. Because this EA should use stop loss and take profit as an option (as true or false - means: use it or not), but mainly it should close/open the orders according to the arrows (or dots). |
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As I remember there is some EA which I coded long time ago in elite section for ema crossing: EA is closing one order and opens the other one on one crossing. I will try to modify this EA tomorrow to insert asctrend indicator instead of ema.
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an EA opening and closing at the signal change, without SL and TP ? It should be the best EA ![]() I am waiting for see it with GREAT interest ![]() |
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1. AsctrendBuySellExpert_v1.1 EA.
This EA is closing the orders on the following: - stop loss, trailing stop and take profit; or - asctrend arrows. To use openning/closing on asctrend only so use stop loss/take profit/trailing stop as 1000 for example. 2. AsctrendBuySellExpert_v1.3 EA. Stochastic and parabolic SAR indicators were added for confirmation of buy/sell order openning: - Buy Asctrend signal is confirmed if Parabolic SAR is on uptrend and main line of Stochastic indicator is below 70. - Sell Asctrend signa; is confirmed if Parabolic SAR is on downtrend and main line of Stochastic indicator is above 30. This version is slightly filtered by two indicators. 3. AsctrendBuySellExpert_v1.4 EA. Updated AsctrendBuySellExpert with updated PriceChannel_Stop_v1.3 for exit coded especially for this EA. 4. AsctrendBuySellExpert_v1.5 EA. Updated version with Partially Closing. 5. AsctrendBuySellExpert_v1.6 EA. Igorad added RSIfilter and RSIexit for AsctrendBuySellExpert. If RSIperiod = 0 - filter is off and if xRSIperiod = 0 - exit is off Download from this post. Last edited by newdigital; 04-22-2008 at 08:44 AM. |
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Many thanks for this. I totally agree than there is no indicator can handle an EA alone. In fact, I do not trust EA as an independent automatic system. I believe EA is useful when you are controlling it. OK, I will try it, but I have some questions. 1. Signals like ASCTrend are unstable in the current bar, and one can sure about it only after the opening of the next bar. This EA is based on the first appearance of signal or when it is fixed ? 2. What do you mean by "Besides i am not sure how it will be traded on demo closing and opening the order on the same close bar."? You mean this EA is not still trustable to open a new trader just when closing the previous trade ? Maybe it is better to define to start a new trade with a shot delay, e.g. 1 min to avoid the system confusion. |
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For example: you see asctrend signal. If the bar with signal close and new bar is open, and if we still see the signal on previous close bar so EA will open the order. To say it shiortly: EA is operating on close bar and may be backtested and optimized the settings and so on. Normal stardard way as many other EAs. 2. I backtested it and it works fine. But it should be forward tested for at least few hours to see this closing/openning on demo account. Because backtesting and forward testing is different. If we don't have problem with closing/openning on one signal so I will add some more indicators to this EA: NRTR or some others. Because just one indicator is not enough to have profitable system. Last edited by newdigital; 09-12-2007 at 04:14 PM. |
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| ASCTrend, NonLagMA, labtrend, ASCTrend system, asc trend, ASCTrend ea |
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