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No, is not impossible, but will need a list to edit and maintain, while with weekly scheduler will be easier.
Besides, right now we need to find a way to reduce DD while keep profit ratio as high as possible...
I know is not much help that kind of increasing spacing, but wasn't my idea
I was thinking about such indicator and also I think RSI will be more suitable than CCI.
About DD you have, maybe if you switch to ProfitMode=2 (Global Close) when is starting to lose to much may help.
I'll make some tests soon, maybe I'll find a better combination of indcators.
Thanks very much for your advice! Start testing. I really forget this possibilities to switch the profit mode=2. About RSI: I also think that with RSI we`ll get better results than CCI. I want just for information to let you know that in the platform of fxcm.com (this is not MQ4 based platform) there is indicator named AdaptiveRSI (ARSI). This is a recommended indicator there from a very few recommended. For me it`s working unbelievable good. ARSI is not oscillator. You can attach it on the chart or even below the chart. Yes, like oscillator RSI is good when you are looking for divergence, but in our case we no need any divergence signals. RSI is pressed between 0-100 and that’s why gives many fake reversing signals especially in the overbought/oversold levels. Unfortunately I didn`t found information about formula of ARSI. Also didn`t found ARSI or similar indicator in MQ4 database. For sure you know better than me how to find the formula. For me ARSI will be very comfortable for triggering if found like MQ4 indicator. I`ll be contented if this info was helpful for you.
Thanks very much for your advice! Start testing. I really forget this possibilities to switch the profit mode=2. About RSI: I also think that with RSI we`ll get better results than CCI. I want just for information to let you know that in the platform of fxcm.com (this is not MQ4 based platform) there is indicator named AdaptiveRSI (ARSI). This is a recommended indicator there from a very few recommended. For me it`s working unbelievable good. ARSI is not oscillator. You can attach it on the chart or even below the chart. Yes, like oscillator RSI is good when you are looking for divergence, but in our case we no need any divergence signals. RSI is pressed between 0-100 and that’s why gives many fake reversing signals especially in the overbought/oversold levels. Unfortunately I didn`t found information about formula of ARSI. Also didn`t found ARSI or similar indicator in MQ4 database. For sure you know better than me how to find the formula. For me ARSI will be very comfortable for triggering if found like MQ4 indicator. I`ll be contented if this info was helpful for you.
I've not found ARSI on MQ4 and rewrite it from Metastock.
I'm not sure its right, please check.
This is the version for a chart window.
montedoro, could you explain how to use this indicator?
Lemyx, Thank you very much for this ARSI . I`m looking from long time for it and you`ve found it. Appreciate! Seems I`m more stupid than I know . It looks like this one in fxcm.com and I hope is the same. About ARSI there is not too much to explain. The line of ARSI always follows the main trend. Usually ARSI is not making mistake when the trend is just making normal correction and continues in the main trend direction. You`ve got buy/sell signals when ARSI line definitely changes direction (sharply or rounded). You must decide for yourself how much is “definitely” – this is the “trigger_spacing”. Do NOT look for divergence signals – this is not oscillator. There`s NOT overbought/oversold levels. Actually ARSI line follows the trend like Exponential Moving Average, but is many times much superior because it can sharply changes direction and give buy/sell signals IN TIME. When I trade manually I use ARSI to avoid the fake signals given by Stochastic. ( For example if ARSI line definitely is going up, I`ll never open short position based on signal by Stochastic). Of course I also take care about the news and etc.
I want to explain why I suggest to use ARSI instead RSI in PipMaker_V13: First – the biggest profit is in the lower TF, so let`s try to arrange the things for M1. Unfortunately as you know M1 is very capricious TF, so the only one indicator I know who can give nice signal IN TIME for M1 is ARSI. That`s my opinion. Appreciate yours!
. It looks like this one in fxcm.com and I hope is the same. About ARSI there is not too much to explain. The line of ARSI always follows the main trend. Usually ARSI is not making mistake when the trend is just making normal correction and continues in the main trend direction. You`ve got buy/sell signals when ARSI line definitely changes direction (sharply or rounded). You must decide for yourself how much is “definitely” – this is the “trigger_spacing”. Do NOT look for divergence signals – this is not oscillator. There`s NOT overbought/oversold levels. Actually ARSI line follows the trend like Exponential Moving Average, but is many times much superior because it can sharply changes direction and give buy/sell signals IN TIME. When I trade manually I use ARSI to avoid the fake signals given by Stochastic. ( For example if ARSI line definitely is going up, I`ll never open short position based on signal by Stochastic). Of course I also take care about the news and etc.
Linear Mode
