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Ultimate TRADE EA

  • Post# 1
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  • First Post: Mar 20, 2012 2:07am | Edited May 7, 2012 4:01am – update
Ultimate TRADE EA
seller9 , post questions where things are not clear.
On what chart time frame will this EA operate and wich are the most suitable times of the day to operate it ?
Quoting hornsant
On what chart time frame will this EA operate and wich are the most suitable times of the day to operate it ?
we are in the process of building this ea, well it can operate in any chart as it is chart independent , or time frame independent, it can operate any time and is not affected by news or any external factors . That is the potential but how much of this can be automated is a big question mark
pivot is the simple system, we can trade both trend and sideways with it,
thanks for shared

-----
macd
Quoting unimak
Pivot Trade EA,

Study the market and analyse the trend , ( first job when the EA is loaded into any security )

1. calculates the year piovt, month pivot, week pivot and day piovt.
2. uses the day pivot for taking trades, uses the month and week pivot to determine where the market is and where it is headed.
3. uses the year to give a broad outlook of where the security can go

Test Bed - we deal with EU and then on completion of the tests we move to other currency or security
Type and use of this EA is universal across all securities...
Can you show a screen shot of what you are saying with some notes on it. Also, are you presently using any indicators to determine these points and if so which ones?
Quoting seller9
Can you show a screen shot of what you are saying with some notes on it. Also, are you presently using any indicators to determine these points and if so which ones?
Well this is a indicator free kind of trading , and there is not screen shot except for the default given by the meta trader .

Just i am asking you one question , suppose you know at the start of the week where eu will reach each tgt is pre known much before the market and all the EA has to do is execute the plan , can it be done ??

Believe me it is that powerful , how much of it we can realise is a big question , but even if we get to 50 % efficency it will be a big transformation .

As regards indicator , we can write one small indicator or we can write it in EA itself. just we need to incorporate the pivot formula.
Earlier i thought of a manual EA where we just feed in the SL , entry and tp

but then that was too cumbersome as everytime in needs human help , if we can fit in the logic and allow it to take sane decision based on the logic then i think we can do it .

Since you were able to make EA out of TMS , i believe you can do justice to the system .

Refer to my post in EU thread >>> http://www.forexfactory.com/showthre...mak&page=35790

That was my prediction on EU for the next week, if you check the next week values you will find what i told or predicted has come true 100 %
EU Prediction for this week

Buy above 1.3308 ( storng buy ) for 3354 3402 3449

Sell Below 1.3232 for 3185 3138 and 3091

Valid for this week .
Quoting unimak
EU Prediction for this week

Buy above 1.3308 ( storng buy ) for 3354 3402 3449

Sell Below 1.3232 for 3185 3138 and 3091

Valid for this week .
How do these numbers go along with the t's in the first post.

Support, Resistance, Pivot and time frame?????
Quoting seller9
How do these numbers go along with the t's in the first post.

Support, Resistance, Pivot and time frame?????
NO , first job is get the pivot generated as mentioned in the first post , we need to get

1 Yr , 1 Month 1 Week and 1 Day ( all these should be ready )

All trading decisions will be done on 1 DAY values , but 1 W 1 M and 1 Y will be above this 1 DAY value in terms of weightage and is like some guru giving guidance to the 1 DAY .

for example if i trade a 1 yr level , i will get 450 pips straight in eu , but that does not mean it will take one year to get it , i can happen in 10 -15 days.
Dear traders,
am hazeer from india.please test this system. And send me a reply.
Attached File
File Type: ex4 camarilladt.ex4   48 KB | 331 downloads
Quoting hazeer2007
Dear traders,
am hazeer from india.please test this system. And send me a reply.
many thanks but our pivot will be very simple
Ok. Unimark, how did u find the pivot?
Will you trade every day or will you only trade in the direction of the trend once all the pivots are pointing in the same direction.? I have seen that when diferent time frames such as monthly and weekly are pointing in oposite directions you get a very volatile daily market often very difficult to keep a trade for more than a day or a few hours. This is especialy valid in the EU cross with wide price swings.
we trade daily . we are not bothered of market news and gimmicks, the system is truly independent of all these.
This thread is right now in requirement gathering phase, waiting for seller9 to implement it.
Quoting unimak
NO , first job is get the pivot generated as mentioned in the first post , we need to get

1 Yr , 1 Month 1 Week and 1 Day ( all these should be ready )

All trading decisions will be done on 1 DAY values , but 1 W 1 M and 1 Y will be above this 1 DAY value in terms of weightage and is like some guru giving guidance to the 1 DAY .

for example if i trade a 1 yr level , i will get 450 pips straight in eu , but that does not mean it will take one year to get it , i can happen in 10 -15 days.
Take a look at these numbers created by this EA, it is a non functioning EA, just made to display daily, weekly, and monthly pivots,(Just numbers, no lines) no yearly yet. I just want to see if these numbers are on the right track or are they wrong.

Attached File
File Type: ex4 pivots_v1.ex4   20 KB | 145 downloads
Quoting seller9
Take a look at these numbers created by this EA, it is a non functioning EA, just made to display daily, weekly, and monthly pivots,(Just numbers, no lines) no yearly yet. I just want to see if these numbers are on the right track or are they wrong.

Attachment 931746
Hello seller9,

may i know what is the formula used for the pivot calculation?

(H+L+C) / 3?

Best regards

-guandi
Quoting guandi
Hello seller9,

may i know what is the formula used for the pivot calculation?

(H+L+C) / 3?

Best regards

-guandi
Yes
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