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DislikedThis is very advance version and very powerful
300 lines of code
with trailing stop and random entries and take profits
it get continuing buy sell order for high frequency trades
(ptbuy, pcbuy,ptclose,pcclose ) it means permanently
I dont get the time right now to explain how it works, put practice it
in the strategy tester (the same line description like the
first one)Ignored
DislikedLooks like this will work a treat with the DeMark Trendline indicator trader.....how would you go about setting up two closes, one for buy and one for sell? You can't name two lines the same i.e. tclose-
Awesome tho can't wait to test it
MR PIgnored
DislikedMake your trand lines alive
instructions !!
This EA will work with horizontal lines and trend lines and will close and open trades according to them. You tell EA what to do by using proper description to each line. EA has parameters defining how to set description for the lines:
- BuyTouchDescription - when line will have this description (default "tbuy-") then when price will touch this line then EA will open buy trade. After "-" sign you set position size for a trade, so when for example you will set...Ignored
Dislikedcan you give an example? the setup for a line should be only in the decription field or on name, or both? I tried all and still got that error
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: Sell order open after trendline line touch, err:4051
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: invalid lots amount for OrderSend function
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: initialized
and after we comeover this problem, then please,-does the EA can manage two oposit setups? like one for Buy and one for Sell?
thanksIgnored
Dislikedcan you give an example? the setup for a line should be only in the decription field or on name, or both? I tried all and still got that error
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: Sell order open after trendline line touch, err:4051
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: invalid lots amount for OrderSend function
2012.05.22 17:59:42 TrendLine_trade_EA GBPCADm,M5: initialized
and after we comeover this problem, then please,-does the EA can manage two oposit setups? like one for Buy and one for Sell?
thanksIgnored
DislikedI very much like the idea of this EA, however a concern: What happens if i have say, a tbuy-0.5 trendline.
The price then dips down and touches it, the EA then opens a 0.5 buy. The price then goes up 5 pips, and then comes back down and touches the line again, will it then open another 0.5 trade? Quite often in a highly compressed market the price can touch a trendline 4 or 5 times in a 5 minute period before heading off in a direction. Is there anything to prevent this?
Or even worse, what if the price then begins to hover around your line...Ignored
Dislikedafter the entry the trend line is deactivated so it doesn’t matter how many times your line is touched by the market there will be no new entries, to reactivate the same line, open the trendlines dlgbox
in the description you will see “ executed-tsell-0.3” erase it and write the new orderIgnored
DislikedI very much like the idea of this EA, however a concern: What happens if i have say, a tbuy-0.5 trendline.
The price then dips down and touches it, the EA then opens a 0.5 buy. The price then goes up 5 pips, and then comes back down and touches the line again, will it then open another 0.5 trade? Quite often in a highly compressed market the price can touch a trendline 4 or 5 times in a 5 minute period before heading off in a direction. Is there anything to prevent this?
Or even worse, what if the price then begins to hover around your line...Ignored