I am still not sure about "Respect the Parent Big Candle" Concept. and with any EA I think we should accept some loosing trades, but this was an Odd case for EUR/USD.
No guts, no glory
Follow Last Candle EA 10 replies
Follow the prior Heiken Ashi candle for profits 61 replies
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Day's first H4 candle correlation to daily candle 14 replies
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New parameters to be added include:
DislikedRegarding trades in M30 TF, I think that we enter the trade after the candle has traveled too far and exhausted, this could be due to the issue we discussed before in POST #222 or due to using very large ATR or ATR multiplier so the pips we are seeking are consumed by the move before the entry.Ignored
DislikedHi Abok, finally you find the key of this great EA as i see on your BC4 demo chart explorer. I think it's good enough to try bc4 in the live. Do you plan to release bc5 in the future or bc4 was the final? congrats for your new project, hope you pass it with all best.. have a nice day..Ignored
DislikedNow with the increased Risk Percentage and accordingly a dividable Lot Size, the EA will try to take advantage of Trend Trading, although this wont be easy as we are using short time frame, but we'll give it a try and see. On the other hand, I've received through my PM, some valuable comments and ideas from respectable FF members on how to improve this EA. Which I will study and incorporate what is possible into BC5 planned on May 2014. Regards and Profitable Trading, KhalilIgnored
Disliked{quote} Great job abok! I've written something along the same idea, but a little different...sans indicators. I have a few friends that run live with this same idea, though it is gridded it is based on a Follow the Leader concept...consequently named FTL... It has had it's moments of struggle and is a static TP with a trailstop running on last position taken...but hopefully this gives you the encouragement you need to continue on with your project. See Link HERE.Ignored
Disliked{quote} Great job abok! I've written something along the same idea, but a little different...sans indicators. I have a few friends that run live with this same idea, though it is gridded it is based on a Follow the Leader concept...consequently named FTL... It has had it's moments of struggle and is a static TP with a trailstop running on last position taken...but hopefully this gives you the encouragement you need to continue on with your project. See Link HERE.Ignored
DislikedHi Abokwaik, would like to test ur final version. V4 seems like roller coaster (taking into consideration you not setting in on a vps).Ignored