i use forum search.....sorry i used !!!!

There's a well-known manual forex strategy available which I have purchased. I will not disclose the name of the strategy.
While the material is copyrighted, the idea behind it and the math are not.

Here are the basic rules; if someone knows of an existing EA that operates similarly or can code one up that would be neat; it would be nice to backtest the strategy.

1) Obtain weekly high, low, close. Exclude Sunday.
2) Subtract the low from the high, divide by three.
3) Add the figure obtained in step 2 to the close
4) Subtract the figure obtained in step 2 from the close
5) On Monday set two stop orders, one for a buy generated in step 3, one for a sell generated in step 4.
6) Cancel pending order once other is filled.
7) PT= 50-75 pips, SL about 75% of PT.
8) Breakeven stop after X-pips.

That's it.

Any help appreciated.

Greetings Mr.boursicoton.

I belive your still looking for a holy grail.well.. i might not be able to expose my mq4.any way as a trader, i will gift you a very effective indicator.
this works for each and every trade.all you have to do is adjust the stop loss and limit.

Important
* Trend is your friend
* Daily pivots

Indicator is develop by a person name Jabali walid

Attached Files

#MA_Crossover_Signal_With_wav-Jabali- 7-15.ex4 (3.9 KB, 87 views)

[4.1*sto(5-3)+2.5*sto(14-3)+sto(45-14)+4*sto(75-20)]/11.6 STPMT
cycle= stpmt- (mm9 of stpmt)
possible to code in mt4 ?
thanks

My english is poor. Please look the photo.

RSI 14, RSI 9, MA 25, MA 14.

Who can make a EA please, Thanks!

Attached Images

photo.jpg (268.3 KB, 334 views)

I'm hoping someone here will be willing to alter the attached indicator or code a new one for me. The premise is fairly simple, and I'm hoping the coding will be as well, because I use this often in my trading. Currently I am using the Breakout Panca Eagle indicator which was originally designed to trade GBPJPY breakouts for a trading session such as the Asian. However, I do not use the indicator in that fashion. I use it to trade the break of an hourly candle. It is quite useful for finding breakout entries when other indicators agree.

Here is what the indicator should do:

1) Draw a box around the high and low of the previous 60 min. bar. Draw the breakout box 10 pips above and below the high and low. I like the way the Panca indicator looks, so that could stay identical, but it should calculate the range based on a single hourly candle, instead of by time. The indicator should reset at the open of each new hourly candle. I am able to help pinpoint entries by trading an hourly break on the 15 min. time frame.

Ideally the user could also choose the timeframe as well as the number of bars to look back when drawing the box, although hourly and "1" would be the defaults.

I have searched and found no indicator that does precisely what I'm seeking. Anyone that is willing to code it will have a very useful indicator and many thanks from me. My thanks could include a discount on my EA for anyone interested. (Please note I am a trader and not a programmer. My EA was designed by a professional programmer.)

__________________
Visit me online:
http://www.topforextraining.com
http://www.topforextrader.com

Sorry..forgot the attach the indicator I'm currently using.

Attached Files

BreakOut_PANCA_EAGLE__indicator.mq4 (6.8 KB, 33 views)

__________________
Visit me online:
http://www.topforextraining.com
http://www.topforextrader.com

Please could you tell where you place the SL and TP for GBPJPY for example using the parameters above on the 1 hour?
Thanks

help a newbie

i would like put a symbol on chart with conditions..my englis is so bad..excuse me !
for buy
candle 1 : closed < open
candle 2 : closed > open and high candle1 < high candle 2
candle 3 : open < high candle 2
for sell i translate.....
thanks for your time...
christophe

1st strike

Can anyone program an EA for this system which should prove to be very profitable over the long term.

Monday morning @ 01:00 EST (00:00 Central Standard Time) EA should note the opening price for GBP/USD. This will be Monday's opening price as regards this system.

1. Place buy stop 50 pips above Monday open and sell stop 50 pips
below the open, OCO. (One Cancels the Other) When one order is filled, place a 60 pips stoploss on the trade. Make sure you cancel the opposite entry order.

Money management should be 3% of the available account balance per trade.

You are now done for the week until Friday. If you get stopped out, you will be flat the market for the
rest of the week.

2. If system does not get stopped out of the trade it gets entered into, exit five days later at the market on
Friday at 04:00 PM EST (03:00 PM Central Standard Time).

Optional but nice to have extra features:

An overide to allow the trade to be opened on tuesday if it market is closed monday.