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EA based on STEP indicators (thanks Igorad!)
Dear Members,
In the download section there's a set of STEP indicators made by Igorad. (He is a member of our group) Thanks to him! I would suggest to code an Expert Advisor based on one single Step Moving Average either v.1 or v.2 or v.3. The rules are very simple. When MA goes north (that means the angle becomes positive from 0 up to 90 degrees) we buy, and when it goes south (the angle is negative from 0 down to -270 degrees) we sell. Step MA v.1 has a step size parameter that can be adjusted by user (30 in default). In fact this is similar to point and figures chart rules (box size). Renko_v.1 (again thanks Igor!) utilises similar approach. Step MA v.2 and v.3 are self-adjusted since they are correlated with weighted ATR (10 by default). I have one more suggestion (and this can be a point of discussion) how to modify this WATR but I can post it later in order not to overload this post by technical details. So, what do you think about all that, pals? Thanks and regards Alex (alp) |
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Alex
May you attach some pictures for better understanding? Because my understandable ability is not increasing sometimes Downtrend or flat And just an exact rules for somebody who will want to program it (or for the people who want to discuss). |
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this link:
Step indicators |
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