trendchaser psar

previouse versions have expired
sorry about that

heres the source
with no limitations

ok hold up, i have the tf hardcoded to h1, i have to reoptimize everything n submit updated version
sorry bout that

What do we do with the *.chr files? Do they need to be downloaded some where?

Thank You

wait till i upload new version(bout 1 hr)
thats a profile, in your program files/mt4 directory there is a folder called profiles
to load the profile lokk in the file menu of mt4 under profiles
the profile is named trendchaser psar

the first post has been updated

during the backtest, every pair is profitable
though not all has such a perfect slope up
but several do
all test are done on 15 minute
exept 2
gbp-chf is 30m
eur-gbp is 5m
i advise you run a test on each 1 and decide which pairs you want to trade
then you can adjust your risk, i wouldnt go to high though
because in a drawdown if all pairs go against you at the same time you could have margin calls
id keep it at 1-2 or lower
by default it is at .5

I'll do some testing for ya.

thanks marty, let me know how it goes

later today i will make the ea so it doesnt reenter a trade if its closed, and so it doesnt open in the middle of a trade
that means il be adding sl, tp, ts also

ok this version has single entry mode, sl, tp, and ts
if single entry is enabled the ma is not used and will not enter a trade until
it crosses psar

dont use tp, sl, ts without using single entry

i have also updated the zip file in the first post

oops found a bug in single entry, its fixed

now that we have single entry, the ea can be optimized on tick data with ts and tp, sl

im not up to the chore right now
i also dont trust tick data
but if any1 does this pls share your findings

the first post has been updated with a cleaned up version, plus its the source code

Can this be applied as an indicator and not an EA? If so, please explain how to do so. Thanks.

the ea uses the psar indicator
which comes with mt4
im not sure what your asking
do you mean youd like the comments on the screen without trading?

What I was asking was what the settings are so that I can use your technique as a manual trading system. Thanks.

if you place the expert on the screen, the settings are displayed in the comments, if you load the profile, the charts are set per settings
im re optimizing everything for 5 minute charts now, which is better

iv also completely re coded the expert, its like 10x better, i havent posted it yet

heres the new settings so far
but im not using the ma anymore
il post the expert after iv optimised the rest of the pairs


if (Symbol()=="GBPJPYm"){
StopLoss = 155;
TakeProfit = 2000;
TrailingStop = 125;
psar = 0.0004;
ma=7;
time_frame_for_signal=5;
}
else if (Symbol()=="GBPUSDm"){ //FGBPUSDm
StopLoss = 2000;
TakeProfit = 2000;
TrailingStop = 75;
psar = 0.0004;
ma=19;
time_frame_for_signal=5;
}
else if (Symbol()=="EURUSDm"){ //FEURUSDm
psar = 0.0006;
ma=14;
time_frame_for_signal=5;
StopLoss = 30;
TakeProfit = 2000;
TrailingStop = 75;
}
else if (Symbol()=="USDJPYm"){ //FUSDJPYm
psar = 0.0002;
ma=26;
StopLoss = 75;
TakeProfit = 85;
TrailingStop = 75;
time_frame_for_signal=5;
}
else if (Symbol()=="USDCHFm"){ //FUSDCHFm
psar = 0.0001;
ma=6;
time_frame_for_signal=5;
StopLoss = 90;
TakeProfit = 30;
TrailingStop = 2000;
}
else if (Symbol()=="EURCHFm"){ //FEURCHFm
psar = 0.0004;
ma=54;
time_frame_for_signal=5;
StopLoss = 50;
TakeProfit = 65;
TrailingStop = 30;
}
else if (Symbol()=="AUDUSDm"){ //FAUDUSDm
psar = 0.0003;
ma=5;
time_frame_for_signal=5;
StopLoss = 65;
TakeProfit = 185;
TrailingStop = 105;
}
else if (Symbol()=="USDCADm"){ //FUSDCADm
psar = 0.0005;
ma=85;
time_frame_for_signal=5;
StopLoss = 45;
TakeProfit = 95;
TrailingStop = 65;
}
else if (Symbol()=="NZDUSDm"){ //FNZDUSDm
psar = 0.0001;
ma=95;
time_frame_for_signal=5;
StopLoss = 60;
TakeProfit = 2000;
TrailingStop = 105;
}
else if (Symbol()=="EURGBPm"){ //FEURGBPm
psar = 0.0001;
ma=32;
time_frame_for_signal=5;
StopLoss = 30;
TakeProfit = 2000;
TrailingStop = 20;
}
else if (Symbol()=="EURJPYm"){ //FEURJPYm
psar = 0.0004;
ma=90;
time_frame_for_signal=5;
StopLoss = 50;
TakeProfit = 70;
TrailingStop = 2000;
}
else if (Symbol()=="CHFJPYm"){ //FCHFJPYm
psar = 0.0003;
ma=30;
time_frame_for_signal=5;
StopLoss = 65;
TakeProfit = 30;
TrailingStop = 75;
}

I'm not a programmer. But I was looking over your code here and noticed that some of the stops and take-profit levels are pretty large. Forgive me if I'm completely off-base here, but do you really want a 2000 pip stop loss?

2000 pip means im not using it