donald have make an EA for this system, may i know who are trading with EA?
how is the result?
how is the result?
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DislikedHi,
I am testing my EA for this method (developed from the existing one in this thread).
question to the master of the technique: My EA puts pending orders as you would do manually. In order to do that the price has to be below signal bar high (buy signal). So my question is what do you do if you get signal bar close and price goes above high immediately. Do you cancel the trade and put imaginary SL TP from where you look for another signal. Or if price comes back below high of the signal bar you put this pending order ?
I append modified version...Ignored
DislikedHi,
question to the master of the technique: My EA puts pending orders as you would do manually. In order to do that the price has to be below signal bar high (buy signal). So my question is what do you do if you get signal bar close and price goes above high immediately. Do you cancel the trade and put imaginary SL TP from where you look for another signal. Or if price comes back below high of the signal bar you put this pending order ?Ignored
DislikedHi,
Let me understand this. Lets say the market goes up. You cant put pendig order because market goes further up. In this case you open market order ? ... but you said when you dont take order you play imaginary trade. - so lets say its true.
So now you wait and market goes below the entry level so you are able to put pending order buy. Are you putting it or not ?
So for programers such details are very important because they can change resutls.Ignored
Dislikedhi 0002097,
I've been following your thread with interest about a week now and planning to start forward testing in a couple of days.
I just came across to a situation and would like to ask your opinion about that. As you will see in the attachment, we have a signal bar. But, the price cannot penetrate it in 3 bars, so I delete the pending order. Now, when I look back, the second bar also meets the signal bar criteria, and the price has not penetrated the entry point yet. Can we consider the second bar in the previous setup as a new signal bar...Ignored