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Hi,
I really like this EA and use it for various things and at various times, but not constantly.
It is old but has some great features in it.
What I would like to add to it is what I call a "Buffer Zone". This is a "Pip Size Buffer" (EG 100 pips) that sit either side of the Slope Line itself. Basically, it is to reduce noise and allow for better optimization for Break-Out set-ups particularly.
In practice this means that the Logic is BUY/SELL when Price is above/below the Slope Line && ALSO above/below the Buffer value.
I think for the purposes of flexibility alone that it would be best that the Buffer be "MA+/-Pips" and be adjustable within the EA Settings rather than in the MQL Code. I find it a bit annoying that I can not select the MA/EMA value in anything but the Coding, but over time I have created many versions by saving the amendments which has overcome that small dilemma.
Anyone able to help on this please?
Hi,
I really like this EA and use it for various things and at various times, but not constantly.
It is old but has some great features in it.
What I would like to add to it is what I call a "Buffer Zone". This is a "Pip Size Buffer" (EG 100 pips) that sit either side of the Slope Line itself. Basically, it is to reduce noise and allow for better optimization for Break-Out set-ups particularly.
In practice this means that the Logic is BUY/SELL when Price is above/below the Slope Line && ALSO above/below the Buffer value.
I think for the purposes of flexibility alone that it would be best that the Buffer be "MA+/-Pips" and be adjustable within the EA Settings rather than in the MQL Code. I find it a bit annoying that I can not select the MA/EMA value in anything but the Coding, but over time I have created many versions by saving the amendments which has overcome that small dilemma.
Anyone able to help on this please?
Attached File(s)
Slope Direction Line EA.mq4
15 KB
|
840 downloads