Forex Factory (https://www.forexfactory.com/forum.php)
-   Trading Systems (https://www.forexfactory.com/forumdisplay.php?f=71)
-   -   Advanced engulfing bar system (https://www.forexfactory.com/showthread.php?t=476597)

smilee89 Mar 23, 2014 2:37pm | Post# 1

5 Attachment(s)
I am an experienced trader for 7 years. I trade many systems automatically.
This system has not been coded yet.
Any coder who would like to code it is most welcome.

Indicator needed
Synergy_APB (Heiken ashi with a "twist")
It looks like this:
Attachment 1391766


I look for engulfing bar, a bar that includes the whole next bar (Or in opposite: a bar that is inside previous bar) – Previous bar's high is higher than next bar's high and previous bar's low is lower than next bar's low.
See examples:
Attachment 1391767

The first bar to close outside the engulfing bar is the next bar we look for.
If this bar closes below the engulfing bar – we place a sell stop below that bar's low, and vice versa (if closing above) for long.
See example:
Attachment 1391768


SL – at the opposite side of the engulfing bar.
TP = SL
Trade management:
Close 0.5 of the lot size at 20-50 pips (depends on the TF) and let other part of trade to run while SL moves to Breakeven.

Pending order is deleted if:
1. a new engulfing bar has been created or
2. pending order has not been filled for more than 5 bars after it was placed or
3. pending order has not been filled until weekend.

All open trades are closed before weekend.

Edit - 28.3.2014 - added Master_Candle_APB.v1.2.mq4 (Thanks to EasyRyder)
Update from 9-June-2014: please read post 365: http://www.forexfactory.com/showthre...39#post7521839
Synergy_APB.ex4
Master_Candle_APB.v1.2.mq4

signeasy Mar 23, 2014 7:35pm | Post# 2

Hi Smilee89,

Just did a quick 6 months back test on AUD/USD. System did very well, especially when you take into account OB and OS areas.
Very simple. I like it! Well done.

howa61 Mar 23, 2014 10:31pm | Post# 3

1 Attachment(s)
Hello.

Is this the indi you are searching for?

Synergy_Pro_APB.mq4

Regards

smilee89 Mar 24, 2014 12:27am | Post# 4

Hello. Is this the indi you are searching for? {file} Regards
I look for coding the EA.
I already have this indi.

howa61 Mar 24, 2014 1:14am | Post# 5

{quote} I look for coding the EA. I already have this indi.
Hello i see you trade http://www.forexfactory.com/showthread.php?t=331718 but the EA stop to work or is only my problem?

Can you please upload your last EA and .set ?

Is that strategy still working?

many thanks

smilee89 Mar 24, 2014 1:52am | Post# 6

{quote} Hello i see you trade http://www.forexfactory.com/showthread.php?t=331718 but the EA stop to work or is only my problem? Can you please upload your last EA and .set ? Is that strategy still working? many thanks
I have the same problem with the new build (610) for that EA.
Since I changed the system I look for a new EA.

prof8t Mar 24, 2014 3:04pm | Post# 7

"The first bar to close outside the engulfing bar is the next bar we look for."

You are referring to the HA close and not the actual price close correct?

kscarch Mar 24, 2014 3:21pm | Post# 8

Hello,

I downloaded the .ex4 file and saved it in the indicators folder but I do not see it as an indicator option within MT4. Can someone let me know what Im doing wrong?

Thanks

aje6767 Mar 24, 2014 4:36pm | Post# 9

Hello, I downloaded the .ex4 file and saved it in the indicators folder but I do not see it as an indicator option within MT4. Can someone let me know what Im doing wrong? Thanks
On the MT4, 1)Open file 2)Then open DATA FOLDER 3)Open MQL4 4)Then copy the indi into the indicator folder and restart your computer

blamshakk Mar 24, 2014 4:52pm | Post# 10

smilee89 have you tried putting the ex4 version (compiled under build <509) of the (engulfing) EA into the new build metatrader's "data folder"? ie MQL4/experts. that should make it work on the new 600+ build...

EDIT: tried it and it works on the new 600+ build, loads on chart.

EDIT2: tried loading the mq4 version and that also works, you just need to make sure its in the correct experts folder in the data folder of your mt4 platform (referring to engulfing minsize + trail ea)

{quote} I have the same problem with the new build (610) for that EA. Since I changed the system I look for a new EA.

smilee89 Mar 24, 2014 5:25pm | Post# 11

"The first bar to close outside the engulfing bar is the next bar we look for." You are referring to the HA close and not the actual price close correct?
Yes. I refer to HA close.

smilee89 Mar 24, 2014 5:55pm | Post# 12

smilee89 have you tried putting the ex4 version (compiled under build <509) of the (engulfing) EA into the new build metatrader's "data folder"? ie MQL4/experts. that should make it work on the new 600+ build... EDIT: tried it and it works on the new 600+ build, loads on chart. EDIT2: tried loading the mq4 version and that also works, you just need to make sure its in the correct experts folder in the data folder of your mt4 platform (referring to engulfing minsize + trail ea) {quote}
Thanks.

DerBerliner Mar 24, 2014 6:45pm | Post# 13

Hi smilee - is any TF prefered ?
I think it works for nearly every pair ?

blamshakk Mar 24, 2014 7:29pm | Post# 14

note: the correct MQL4 folder is accessed via file/open data folder, a new option in the 600+ build. this is not the same as your main MQL4 folder in the main mt4 install directory.

{quote} Thanks.

howa61 Mar 24, 2014 9:29pm | Post# 15

{quote} Thanks.
Thanks blamshakk it works.

Can you please smilee upload your best .set for the old EA and tell what is the best TF you had use?

Many thanks

smilee89 Mar 25, 2014 1:51am | Post# 16

1 Attachment(s)
I prefer 4H TF.
AU.
0.5 lot at 20 pips second 0.5 at BE+3 pips.
Click to Enlarge

Name: audusdh4.png
Size: 25 KB

smilee89 Mar 25, 2014 10:03am | Post# 17

1 Attachment(s)
gbpchf
Click to Enlarge

Name: gc.png
Size: 28 KB

smilee89 Mar 25, 2014 10:04am | Post# 18

1 Attachment(s)
usdchf
Click to Enlarge

Name: uc.png
Size: 27 KB

howa61 Mar 25, 2014 11:29am | Post# 19

Hello any body can make this EA?

Thanks in advance

smilee89 Mar 25, 2014 11:53am | Post# 20

1 Attachment(s)
chfjpy
Click to Enlarge

Name: chfjpyh4.png
Size: 28 KB


© Forex Factory