hi guys, I am trying to make an EA based on Nihilist HolyGrail system. i have seek his approval to start a new thread to develop an EA based on his Holygrail system.
The entry and exit rules can be found in his system in this link.
http://www.forexfactory.com/showthre...28#post7593428
I will not release the source code to the EA. The EA is provided as-is.
I am sharing the EA i made which has shown good result over the past week but is not reliable yet as a one or two changes were made here and there.
To use the EA, first download the indicators from the link above.
The EA has the following parameters
FixedStopLoss - Set stop loss on each new trade. the EA has an inbuilt +4 pips to all stoploss set so if your max stop loss u want is 30, u have to set it at 26. the stoploss does not include the spread. so if you set it at 30pips, the max stoploss it can go is 30pips+4pips+spread.
FixedTakeProfit - Set TP on each new trade
MinProfit - Min Profit require to start taking profits determined by the EA
Lot Size - Determine Lot size for each trade
UseKiJunDirection - set whether to include KiJunDirection as part of the rules. i made this rule was because it seems to prevent me from taking a lot of trades so i set it to optional to see whether there will be a difference. The trade explorer uses false
MainTimeFrame - Set the timeframe the EA will operate (in minutes) for LTF ADX
MainTFADX - Set min number of Red/Lime bars in previous candle to enter a trade
Time Start/Time End - Set time the EA will take entry
The comments at the side shows how its interpreting from the indicators.
EA Entry Rules for sell
HolyGrail: Down. It will show down when the previous and current candle is hot pink or red
LTFADX=-ADXCounter. ADXCounter counts the number of LTF avaible from current timeframe
ADXRed >= MainTFADX ADXRed and ADXLime counts the number of red box in the current timeframe based on previous candle
ADXLime = 0
KijunSen: Down if useKiJunDirection is true or ignored if false
Candle: Down detects when the candle close is below the Kijunsen line
Signal will show Down when all the above are true
The opposite is true for buy.
KiJunSenSL finds the last flat area and set that as SL for both buy and sell
Fractal buySL and SellSL finds the last fractals to act as swing high and low
BuySL/SellSL shows which SL its using if conditions are fulfiled in this order KijunSen -> Fractal -> Max SL SL used will be below Max SL, it will cycle from KijunSen to fractal if Max SL is lower then the KijunSen SL for example
Any suggestions to improve the system or bug found or any trades that should or should not be taken will be appreciated.
recommendation for SL and TP for each currency used and timeframe are also welcomed.
Possible things to add in future:
Time filter for entry
Check support/resistance level close by, etc
Min StopLoss
Update V1.1
Added Time filter
Added option for Min number of ADX bars to be red in previous candle of current timeframe
Update V1.2
Bugfix for condition "use KijunSen" fixed if set false it still works as true for the buy
The entry and exit rules can be found in his system in this link.
http://www.forexfactory.com/showthre...28#post7593428
I will not release the source code to the EA. The EA is provided as-is.
I am sharing the EA i made which has shown good result over the past week but is not reliable yet as a one or two changes were made here and there.
To use the EA, first download the indicators from the link above.
The EA has the following parameters
FixedStopLoss - Set stop loss on each new trade. the EA has an inbuilt +4 pips to all stoploss set so if your max stop loss u want is 30, u have to set it at 26. the stoploss does not include the spread. so if you set it at 30pips, the max stoploss it can go is 30pips+4pips+spread.
FixedTakeProfit - Set TP on each new trade
MinProfit - Min Profit require to start taking profits determined by the EA
Lot Size - Determine Lot size for each trade
UseKiJunDirection - set whether to include KiJunDirection as part of the rules. i made this rule was because it seems to prevent me from taking a lot of trades so i set it to optional to see whether there will be a difference. The trade explorer uses false
MainTimeFrame - Set the timeframe the EA will operate (in minutes) for LTF ADX
MainTFADX - Set min number of Red/Lime bars in previous candle to enter a trade
Time Start/Time End - Set time the EA will take entry
The comments at the side shows how its interpreting from the indicators.
EA Entry Rules for sell
HolyGrail: Down. It will show down when the previous and current candle is hot pink or red
LTFADX=-ADXCounter. ADXCounter counts the number of LTF avaible from current timeframe
ADXRed >= MainTFADX ADXRed and ADXLime counts the number of red box in the current timeframe based on previous candle
ADXLime = 0
KijunSen: Down if useKiJunDirection is true or ignored if false
Candle: Down detects when the candle close is below the Kijunsen line
Signal will show Down when all the above are true
The opposite is true for buy.
KiJunSenSL finds the last flat area and set that as SL for both buy and sell
Fractal buySL and SellSL finds the last fractals to act as swing high and low
BuySL/SellSL shows which SL its using if conditions are fulfiled in this order KijunSen -> Fractal -> Max SL SL used will be below Max SL, it will cycle from KijunSen to fractal if Max SL is lower then the KijunSen SL for example
Any suggestions to improve the system or bug found or any trades that should or should not be taken will be appreciated.
recommendation for SL and TP for each currency used and timeframe are also welcomed.
Possible things to add in future:
Check support/resistance level close by, etc
Min StopLoss
Update V1.1
Added Time filter
Added option for Min number of ADX bars to be red in previous candle of current timeframe
Update V1.2
Bugfix for condition "use KijunSen" fixed if set false it still works as true for the buy
Attached File(s)
Nhilist.ex4
322 KB
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1,079 downloads
Nihilist V1.1.ex4
332 KB
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965 downloads
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Uploaded Apr 1, 2015 10:55pm
Nihilist V1.2.ex4
333 KB
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1,348 downloads
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Uploaded May 17, 2015 12:17am