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| View Poll Results: Your trading timeframe | |||
| 5 Mins |
   
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0 | 0% |
| 10 Mins |
  
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0 | 0% |
| 15 Mins |
  
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2 | 13.33% |
| 30 Mins |
  
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6 | 40.00% |
| 1 Hr |
  
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2 | 13.33% |
| 4 Hrs |
  
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5 | 33.33% |
| Voters: 15. You may not vote on this poll | |||
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LinkBack | Thread Tools | Display Modes |
02-09-2006, 06:45 PM
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Follow the trend
Hi,
I've got a simple yet stable system that work for me. I make use of a 34 EMA on close. RSI 7 close. CCI 20 close. Place the EMA on a chart and look at the trend. Start at the 30M and move all the way up to H4 even D1. The trend of the EMA must be the same for all the timeframes. If the trend is right you can enter a trade if RSI is above/below 50 on D1 timeframe and CCI is above/below 100. Stay on the H4 chart when the trade begins, it keep you from seeing the noise in the market and let you close before the time. Put a stoploss in at 80 pips. You can also use the Fib to see if the market has a retracement or not. I like to use a Equidistant channel (A metatrader standard tool) to find the market trend. I keep to that trend until I make my profits. This method is not fool proof but one thing is for sure and it make more sence to me every day and that is I'm not trading against a major trend. Please experiment with this method on demo and lets build a longer term system that work form the more serious trader. Roets
__________________
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02-09-2006, 09:42 PM
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Default value when Array is Declared
Hello everyone,
What value is placed as the default value in this Array: double ARRAYA[]; double ARRAYB[]; I want to clear the entire content of these Arrays by doing: ArrayInitialize(ARRAYA,NULL); ArrayInitialize(ARRAYB,NULL); However, setting to NULL causes the Array to be filled with 0 (zero). Any suggestions? -charliev
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02-10-2006, 01:28 AM
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MLQ4 Course question
CodersGuru,
In your EA example from your course, you defined a "Crossed" function. You mention that the static variables holds their value between REPEATED calls... my question is, do these repeated calls need to be CONCURRENT? I am creating an EA using 4 time periods, and I make a call to "Crossed" for each of the 4 line pairs... will the static variables reset after each pair, or are they only set once when first executed, then until exit? I guess I need to know why the static variables aren't initialized each time "Crossed" is called... and under what condition they are reset.... Is there a document somewhere I can research this myself? MT4 "HELP" is almost useless Thanks for your help. -charliev
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02-10-2006, 01:56 AM
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is there a Favorite Pivot indicator?
I've seen Too many pivot indicators for MT4.
I tried a few and had S & R lines in different places. anybody have a Good one that is their favorite?
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02-10-2006, 05:03 AM
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Please post chart with the setups.
A picture is worth a thousand words. Thanks
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02-12-2006, 02:02 PM
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LSS Oscilator
Hey!
I found description about that indicator at google  Have someone used it or heard something about it ?
__________________
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02-14-2006, 12:52 AM
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ZigZag Question
Hello Everyone,
Does anyone have any idea on how I can modify the Z-Z1 ZigZag indicator to NOT erase False Turning Points? I would like to see them? Thank you for your Time EK
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02-14-2006, 01:39 AM
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Double Back Breakout
I was experimenting in MT3 and tested a simple algorithm and had some pretty good results! Can someone else please verify this backtest? Any other ideas or feedback is much appreciated!
Code:
/*[[
Name := Double-Back Breakout
Author := Nicholishen @ Apex Group Investments, LLC
Lots := 0.1
Stop Loss := 100
Take Profit := 20
Trailing Stop := 0
]]*/
Define: PeriodsBack(50),Greater%(50),dBack(50),Buy1Sell2(1);
var: diff(0),i(0),avg(0),p1d(0),vol(0),volavg(0),vol1(0),profit(0);
diff=0;vol=0;
for i=PeriodsBack downto 2{
vol= vol + Volume[i];
diff= diff + (high[i]-low[i]);
}
avg= diff / (PeriodsBack -2);
volavg = vol / (PeriodsBack -2);
p1d=High[1]-Low[1];
vol1=Volume[1];
if p1d >= avg / (Greater% / 100) And vol1 >= volavg / (Greater% / 100)then {
if close[1]>close[2] and TotalTrades < 1 then{
SetOrder(OP_BUY,Lots,Ask,3,Ask- Stoploss*Point,Ask+TakeProfit*Point,Pink);
}
};
for i=1 to TotalTrades{
profit = ord(i,VAL_PROFIT);
if Abs(profit) >= dBack * (Lots * 10) then{
if TotalTrades < 2 then{
SetOrder(OP_SELL,Lots*2,Bid,3,Bid + Stoploss*Point,Bid -TakeProfit*Point,Red);
}
}
};
Comment("Volume Avereage is ",volavg," CandleSticks are Averaging ",avg);
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