DislikedWicker,
Would Fibonaci add one more market viewpoint to your system?
Once again, THANK YOU VERY MUCH for sharing such a good system with us!Ignored
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Disliked1. Calculated StopLoss and TakeProfit. Tyring to decide how to implement this. Based on Resistance / Support lines most likely but open to suggestions
2. If a trade is already open and you get a signal for the othe rdirection, close the open trade and open the one in the opposite direction
3. MAYBE some money management / lot size calculations. This is pretty low prioriry though.
Any suggestions / input are appreciated.Ignored
DislikedSo I took the liberty of extending pmurfin's EA. I have added the slope as an optional entry filter and some rudimentary autotrading. Just did it this weekend so haven't tested live yet so YMMV.
New Parameters:
UseSlope - set to false for Wicker system. set to true if you only want the signal/trade when the slope agrees with the direction of the rest of the signals
TradeOn - turns on autotrading. Note that you also have to inlcude Allow Live Trading for the EA
Lots - # of lots to trade
StopLoss and TakeProfit - right now these are just fixed number of pips.
Also, it will only allow you to be in one open trade per chart.
As I said, it's fairly rudimentary right now. Things I plan on adding:
1. Calculated StopLoss and TakeProfit. Tyring to decide how to implement this. Based on Resistance / Support lines most likely but open to suggestions
2. If a trade is already open and you get a signal for the othe rdirection, close the open trade and open the one in the opposite direction
3. MAYBE some money management / lot size calculations. This is pretty low prioriry though.
Any suggestions / input are appreciated.Ignored
DislikedSo I took the liberty of extending pmurfin's EA. I have added the slope as an optional entry filter and some rudimentary autotrading. Just did it this weekend so haven't tested live yet so YMMV.
New Parameters:
UseSlope - set to false for Wicker system. set to true if you only want the signal/trade when the slope agrees with the direction of the rest of the signals
TradeOn - turns on autotrading. Note that you also have to inlcude Allow Live Trading for the EA
Lots - # of lots to trade
StopLoss and TakeProfit - right now these are just fixed number of pips.
Also, it will only allow you to be in one open trade per chart.
As I said, it's fairly rudimentary right now. Things I plan on adding:
1. Calculated StopLoss and TakeProfit. Tyring to decide how to implement this. Based on Resistance / Support lines most likely but open to suggestions
2. If a trade is already open and you get a signal for the othe rdirection, close the open trade and open the one in the opposite direction
3. MAYBE some money management / lot size calculations. This is pretty low prioriry though.
Any suggestions / input are appreciated.Ignored
DislikedI hope nobody minds, I added a few options to the EA. Basically all requests and a bunch more except close if opposite signal. Believe me, if you waited for an opposite signal to close the trade you will be hundreds of pips down, let the MM do it. Magic is calculated also.
Havent tested everything so speak up if there is a bug. And find some good settings for 5mIgnored
DislikedHi to All! First of all, great thanks for Wicker for this nice system. Question for author or anybody, who already have an experience in this system. Please advise, when is a best time to start watching the market for trading on m5 timeframe? Can I start during asian session or maybe it will be better to start only on open of european session, because trend sometimes change a direction when sessions changes? If europen open is a best time - when? before London open or after or exactly when London opens? Thank you in advance.Ignored
DislikedWiper, did you get in live on the 3 trades today so far?
GJ + 90 pips
NZD + 80 pips and
AUDUSD +25 pipsIgnored
DislikedI hope nobody minds, I added a few options to the EA. Basically all requests and a bunch more except close if opposite signal. Believe me, if you waited for an opposite signal to close the trade you could be hundreds of pips down, let the MM do it. Magic is calculated also.
Havent tested everything so speak up if there is a bug. And find some good settings for 5mIgnored
DislikedWiper, did you get in live on the 3 trades today so far?
GJ + 90 pips
NZD + 80 pips and
AUDUSD +25 pipsIgnored