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Also you have some MTF version of the NLD attached to your chart, are you sure you have the right timeframe selected--the timeframe the EA is working off. Also MTF readings often differ from the single TF indicators, don't know why that is... The EA did not exit because you had the ZZ turn but you did not have an arrow, or ....god there are so many possibilities why....just set the chart up in the proper tF and proper indicators that the EA uses and than you can tell if something is wrong or not, most likely it is not...
Also the logic for opening trades is clearly explained in the code--in simple words....
You need to have zigzag-pointerV2 to see the arrows that are erased on the repaint. That will show that the exit is correct.
Thanks for your answers,
as i said i'am trying to backtest the EA with different settings and in other TF. I modified the parameters of the EA from the inputs window (as it is permitted). And what i say is that the EA don't follow this setup. May be the EA is hardly coded to work only on H1. Here is the set file, if some one could take a look at it. Thanks again.
Edit: What you see in the previous pic is what the EA returned in visual mode.
EA is not hard coded to 1 hr and will place trades on any timeframe.
This may help you. http://www.forex-tsd.com/150878-post1115.html
Mr. Pip is doing a million things, so would you be so kind to read the thread...
I will attach a template when I get a moment....
P.S. The indicators need not to be attached for the ea to work. Just need to be in your custom indicators folder.
Thank you.
This is not my only project. The indicators are the same that are used in the manual method, however I would suggest placing zigzag-pointerV2 on the chart to see where the erased arrows would be.
The other indicators are used for the filter and exit conditions and have been posted on the thread.
BigBear,
It would help everyone if all indicators required were attached to the first post in a zip file.
I have been working on this version and have become busy with other projects. It is a modified version of the bouncingPipEA_BigBear posted earlier.
I do not remember the original coder(Nix or Zmax or ...) but that can easily be added to the comments and copyright notice.
There is a bug in that the EA often closes trades as soon as they are open. And the exit needs work.
If one of the other programmers has the time, maybe they can help find the bug.
This ea is based on the original method of entering a trade as soon as an arrow apears on the zigzag line.
It takes a long time to backtest because it is using the current open candle so the indicators are calculated on each tick.
I added some of the code from the closed candle version to allow MM, testing of stoploss methods, and trailing stop.
It does show a large number of losses in a row but that could be due to the exit trade bug. This definitely could use a filter that is correct when the arrow appears. I am considering adding Stochastic and RSI. John Murphy, author of Technical Analysis of the Financial Markets, recommends using both together for better confirmation.
I used to have something like that called the box, that measures the range of a given session, intended to help in trading frankfurt and london open by marking the overnite range. Dxtrade should have it, it is his chart.
That's what I'm looking for. I need something that will help me distinguish the London, Tokyo & NY opening times (possibly even session overlapping times). I know it should be easy to code, but why re-invent the wheel
That's what I'm looking for. I need something that will help me distinguish the London, Tokyo & NY opening times (possibly even session overlapping times). I know it should be easy to code, but why re-invent the wheel
Tnx FX11, that is the indicator that I used to have, it covers all sessions. Nix, here is a link to a FF thread that has some good box indicators covering different sessions: Box Breakout indicator - Page 2
try this
Linear Mode
