Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I would like to ask some programmer to program a Jaimo-JMA EA. I have been looking for such an EA on the net but with little to no success.
Why Jaimo-JMA?
This indicator comprises two moving averages. These moving averages are much more sophisticated and smoothed than the normal MAs. They filter much of the noise and do not oscillate abruptly in times of consolidation as the standard ones. The JMAs would not make you open and close negative positions on every bar when sideways market appears, thus taking back all the profits you made in the previous trend. On the contrary, they would filter much of the false movements.
The faster JMA's offset will let you stay in the trend and the specific movement if several fake consolidation bars appear, thus not making you to exit prematurely.
This indicator is close to perfection and gives excellent results on its own.
It would be great if it could be coded into a simple EA. The EA should wait for a cross, confirmed by the open of the next candle. Because of the offset the two JMAs move with different speed, so it is very important the new position to be opened with the opening of the new bar which either confirms the cross or the cross itself takes place with the opening of this bar.
It should be close and reverse EA, on the crossovers. It should also include SL and TP function, as well as daily target which once reached will make the expert to stop trading for the day and activate again on the following day.
If possible, it should also include trading sessions times’ filter, as the different pairs have different behavior during different trading sessions.
Should you have any further queries regarding the JMA indi, please do not hesitate to ask.
I have been trading for 3 years and after tested many systems and method and looking on charts and … I found my own pro method. It is base on price action and special setups that all of them are base on my experiences.
Now I open this thread to help other traders to get some sweet pips and will keep this thread going the best i can.
I have been trading for 3 years and after tested many systems and method and looking on charts and … I found my own pro method. It is base on price action and special setups that all of them are base on my experiences.
Now I open this thread to help other traders to get some sweet pips and will keep this thread going the best i can.
Thanks
Thanks but what is your method?
__________________
New to Forex? Get all you need for Free at my site Click Here
You can also get my Hot Forex System (scroll to the bottom of the page): Click Here
This is BEST Suited for scalping as the market is usually in sideways mode over 80% of the time.
I think my strategy will work great, if the EA is implemented correctly.
Here it is:
Values:
Lot Size = 0.01 (value #A)
Trades-With = 3 (#B)
Trades-Against = 1 (#C)
TP = 45 pips (#D)
SL-BUY = <enter value> (#E) ----- (Example 1.2180)
SL-SELL = <enter value> (#F) ----- (Example 1.4520)
>>>EVERY TRADE WILL HAVE A TP OF 45 (D) AND EVERY BUY WILL HAVE A SL OF VALUE E AND EVERY SELL WILL HAVE A SL OF VALUE F <<<
* I will MANUALLY buy (or sell) .01 lot
For example, buy 0.01 EUR/USD at 1.3950
* when the price goes up 45 pips (D), it will close the BUY and open THREE (#B) more 0.01 Lots (#A) 0.01 BUYS Lots and ONE (#C) More 0.01 SELL Lot
* Again, if TP is hit, it will close the three Buys and open one more SELL.
Now, if it goes down 45 pips, it will hit the SELL TP and close it and open three more SELLs and open One BUY ....... and so on.
Now, let's say the price goes to 1.4520 (F) , then it will close all SELLS.
OR if the price goes to 1.2180 (E) , then it will close all BUYS.
That's it.
I'm sorry it's confusing but think of it this way:
Open One .01 Lot against PA and THREE 0.01 Lots with PA.
<Another example> Everytime your TP hits, you open 3 more of the same direction and 1 of the opposite direction.
So, basically while you lose 1, you win 3 x 45 pips :-)
I would appreciate any help with an EA to do this.
This is BEST Suited for scalping as the market is usually in sideways mode over 80% of the time.
I think my strategy will work great, if the EA is implemented correctly.
Here it is:
Values:
Lot Size = 0.01 (value #A)
Trades-With = 3 (#B)
Trades-Against = 1 (#C)
TP = 45 pips (#D)
SL-BUY = <enter value> (#E) ----- (Example 1.2180)
SL-SELL = <enter value> (#F) ----- (Example 1.4520)
>>>EVERY TRADE WILL HAVE A TP OF 45 (D) AND EVERY BUY WILL HAVE A SL OF VALUE E AND EVERY SELL WILL HAVE A SL OF VALUE F <<<
* I will MANUALLY buy (or sell) .01 lot
For example, buy 0.01 EUR/USD at 1.3950
* when the price goes up 45 pips (D), it will close the BUY and open THREE (#B) more 0.01 Lots (#A) 0.01 BUYS Lots and ONE (#C) More 0.01 SELL Lot
* Again, if TP is hit, it will close the three Buys and open one more SELL.
Now, if it goes down 45 pips, it will hit the SELL TP and close it and open three more SELLs and open One BUY ....... and so on.
Now, let's say the price goes to 1.4520 (F) , then it will close all SELLS.
OR if the price goes to 1.2180 (E) , then it will close all BUYS.
That's it.
I'm sorry it's confusing but think of it this way:
Open One .01 Lot against PA and THREE 0.01 Lots with PA.
<Another example> Everytime your TP hits, you open 3 more of the same direction and 1 of the opposite direction.
So, basically while you lose 1, you win 3 x 45 pips :-)
I would appreciate any help with an EA to do this.