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ok, the ea took the screenshots so sorry about the quality. we have lo1.p3=lo1.p4(blue trendlines), price is above lo1.p3=lo1.p4 or was above it, also I make sure ma5.p2>=ma6.p2 for long trades i.e. ma of 144 periods>=ma 233 periods for long on 5 min chart. So everything is in place for long. T/p lo2.p3=lo2.p4= 28 pips profit in this case=net. s/l is always hi1.p1 for long and lo1.p1 for short until I figure out a better way to put a s/l for this system.
Hi furious_angel,
Do you mind posting your template? I thought perhaps some setting that you have making them show up better chart. There always shows up on my like skinny tall column. Thank you again for your kind help.
sincerely,
Hi furious_angel,
Do you mind posting your template? I thought perhaps some setting that you have making them show up better chart. There always shows up on my like skinny tall column. Thank you again for your kind help.
sincerely,
I finally get the chart showing up properly. Thank to everyone who help on this board.
OK since it is very hard for everybody to understand my strategy, I am posting my ea. I spent a lot of time developing this ea. Big thanks to Kalenzo for coding this. There are a couple of things that I would like to fix but that can wait. Now the ea left by itself will open trades, and it will win about 50%, and lose about 50%. Probably about 30% of the losing trades can be profitable. The price will move in the desired direction but it will miss our target profit level by 3-7 pips. It is usually aparent, if you are watching the market, the the price has made its top/bottom so you usually have plenty of time to get out with a small profit(about 10 pips net). There will be trades that will be straight losing trades(about 20%) Ea will open trades, the price will hit a "brick wall" and reverse. The idea behind the strategy is that we have some sort of emerging trend, we break through a trendline(lcf or lo1 for long trades) that is exactly the same in two timeframes, and we are hoping that the price will reach the next set of trendlines--lo1 and lo2 respectively for long trades. Almost always the price will retrace after breaking the trendlines since they provide resistance(that is why the s/l is so big initially), but it will then continue on its way up down. Look at the code and you will see what I am talking about . Please use Alpari to test this ea, since it is very sensitive to data feed i.e needs good data feed. Test it and please give me feedback. I really want to make a fully automated system.
Please use the attached 4pma indicator since I have modified it to work with the ea.
Location: Lat = 39*40'16.73" N, Lon = 104*48'53.70" W
Posts: 146
hi -
thanks for posting this as an ea.. i will start forward testing this one.
what setting do you recommend? time..?
and may i ask did you alter the indicator from the first post release?
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