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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
Here is, but is not rewrite name from HAS to NLMA, so this should to do MrPip, but for now it can be here, than i will delet it, just for now.
Marko
It is much better to add a new function and associated inputs. Some people might like to use HAS.
BTW, I ran your version and it keeps loading and unloading the nonLagMA indicator and placed no trades.
When using nonlagdot this does not occur.
When plotted nonLagMA is the same as nonlagdots except for line vs dot.
I also found a bug in using immediate trailing stop. It needed stoploss in pips.
I modified the GetStopLoss function to return the value in pips for later use by the immediate trailing stop. Then used StopLong and StopShort to send the correct value in OrderSend.
Mr. Pip and others,
I found bugs on Exit. Here is the info:
EA: mpower_V4
Pair: AUDUSD M30
Open : 0.8550 SHORT
SL : 0.8577 (high candle + 20)
Price go up to new high at 0.8570 then go down and Exit (CLOSE) trade at 0.8563. I believe this closed because of meet exit rules - useZigZag_Exit.
The problem is open SHORT and CLOSE is in the same direction.
My suggestion:
1. If open SHORT, exit on useZigZagExit + nonlagdot is LONG - blue color (zigzag is UP)
2. If open LONG, exit on useZigZagExit + nonlagdot is SHORT - red color (zigzag is DOWN)
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.
Robert
Hey Robert,
Here is the zip with all the tools & indicators I have & use on my charts. There is a template in there as well.
I have a M30, 1HR & a 4HR. If I see a signal on the 30 I check to see if its on th 1 hr & 4 hr. The more times it shows up the better the move will be.
As a rule of thumb for newbies or anyone who likes complete structure I have some TP according to which TF you get the Sig on.
This is conservative but if you look back in time & forward test it you will see it works well.
My preferred pair is the GBP/JPY. For EUR/JPY cut TPs in half.
30Min Sig = TP 100-150
1Hr Sig = TP 200-300
4Hr Sig = TP 800-1200
Stops would be the same. Below/above Signal high/low +30 on the 30, + 50 on the 1HR & + 100 on the 4HR if you use my original method & get in right away or at the close the signal candle. Otherwise use the above numbers as your SL.
These are settings that can be adjusted of course to meet your MM rules & risk appetite.
thanks
Linear Mode
