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.
Synergy_APB (Heiken ashi with a "twist")
It looks like this:
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.
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.
SL – at the opposite side of the engulfing bar.
TP = SL
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
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.
Is this the indi you are searching for?
I already have this indi.
Can you please upload your last EA and .set ?
Is that strategy still working?
Since I changed the system I look for a new EA.
"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?
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?
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)
Hi smilee - is any TF prefered ?
I think it works for nearly every pair ?
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.
Can you please smilee upload your best .set for the old EA and tell what is the best TF you had use?
Hello any body can make this EA?
Thanks in advance
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