• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 4:11pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 4:11pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trading with Price Action - Daily Trading Analysis 82 replies

Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies

TT Ichimoku Cloud Trading Analysis with Trading Calls 23 replies

Trading Gold - Anybody up for analysis here? 14 replies

  • Interactive Trading
  • /
  • Reply to Thread
  • Subscribe
  • 1,720
Attachments: Pro7 PA trading analysis 28+GOLD
Exit Attachments
Tags: Pro7 PA trading analysis 28+GOLD
Cancel

Pro7 PA trading analysis 28+GOLD

  • Last Post
  •  
  • 1 34Page 567 347
  • 1 Page 5 347
  •  
  • Post #81
  • Quote
  • May 20, 2020 4:25pm May 20, 2020 4:25pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Pro7_EA
"EA is always OFF when user placed on the chart"
Improved "Jail_EA" explanations how it works:

EA have 4 options
1. Classic Pending Orders - single line entry No Times user input (Pending price to enter - BUY or SELL)
2. Range Sell Pending Orders - range entry from No trader user input (Pending price to enter SELL + Default pips for pending range)
3. Range Buy Pending Orders - range entry from No trader user input (Pending price to enter BUY - Default pips for pending range))
4. Color options - for Dash text and Buttons

EA have 3 buttons + Color options
1. OFF - ON switch
2. R S - switch (Range Sell)
3. R B - switch (Range Buy)
Color options for Lines, Buttons and Dash


1. Classic Pending Orders - single line orders ("Original EA settings)
user input "Trade Lot Size" - 0.01 minimum
user input "Number of minutes between trades"
user input "Max Slippage"
user input "Max Spread"
user input "Magic Number"
user input "Comment"
user input "Pending price to enter - SELL or BUY"
user input "Number of attempts EA will sell at price"
user input "Take profit in pips" - 0 mean NO TP
user input "Stop loss in pips" - 0 mean NO SL
user input "Break even if profit above this" - 0 mean NO BE

user click OFF - ON button - deactivated - activated EA drawn single entry line (Red for sell & Green for buy)

EA will wait for user to activate EA by clicking OFF button, button will change color to green and text to ON
EA will look for "CLASIC mode" ONLY if user didn't activated "R S" or "R B" button
EA will wait for price to hit user input "Pending price to enter"
EA will open No orders defined by "Number of attempts" on single line.
EA will wait for No minutes defined by "Number of minutes between trades" for next trade
EA will look after trade is open for TP, SL and BE user input and close ALL trades on TP, SL & BE when price hit that number - 0 means NO TP, SL and BE
EA repeat entry as long as is activated.


2. Range Sell - Pending Orders - range lines orders (Pending Sell and Sell Range Options")
user input "Trade Lot Size" - 0.01 minimum
user input "Max Slippage"
user input "Max Spread"
user input "Magic Number"
user input "Pending price to enter - SELL"
user input "Default pips for pending range"
user input "Number of attempts EA will sell at price" (if more than 2)
user input "Take profit in pips" - 0 mean NO TP
user input "Stop loss in pips" - 0 mean NO SL
user input "Break even if profit above this" - 0 mean NO BE
user input "Default pips for range MINIMUM 2 in "Number of attempts EA will sell at price"
user input "CommentSell"

user click "R S" button and by this activate Range Sell - EA drawn 2 red range lines (from price "Pending price to enter - SELL" UP "+" "Default pips for range") and pyramids lines in between (if more than 2)
user click OFF - ON switch button and by this activate EA

EA will look for "Range Sell mode" ONLY if user activated "R S" button, button will change color to green
EA will wait for user to activate EA by clicking OFF button, button will change color to green and text to ON
EA will wait for price to hit user input "Pending price to enter"
EA will open No orders defined by "Number of attempts" lines range when price hit drawn lines.
EA will look for after trade is open TP, SL and BE user input and close ALL trades on TP, SL & BE when price hit that number - 0 means NO TP, SL and BE
EA repeat entry as long as is activated.


3. Range Buy - Pending Orders - range lines orders ("Pending Buy and Buy Range Options")
user input "Trade Lot Size" - 0.01 minimum
user input "Max Slippage"
user input "Max Spread"
user input "Magic Number"
user input "Pending price to enter - BUY"
user input "Default pips for pending range"
user input "Number of attempts EA will buy at price" (if more than 2)
user input "Take profit in pips" - 0 mean NO TP
user input "Stop loss in pips" - 0 mean NO SL
user input "Break even if profit above this" - 0 mean NO BE
user input "Default pips for range MINIMUM 2 in "Number of attempts EA will buy at price"
user input "CommentBuy"

user click "R B" button and by this activate Range Buy - EA drawn 2 green range lines (from price "Pending price to enter - BUY" DOWN "-" "Default pips for range") and pyramids lines in between (if more than 2)
user click OFF - ON switch button and by this activate EA

EA will look for "Range Buy mode" ONLY if user activated "R B" button, button will change color to green
EA will wait for user to activate EA by clicking OFF button, button will change color to green and text to ON
EA will wait for price to hit user input "Pending price to enter"
EA will open No orders defined by "Number of attempts" lines range when price hit drawn lines.
after trade is open EA will look for TP, SL and BE user input and close ALL trades on TP, SL & BE when price hit that number - 0 means NO TP, SL and BE
EA repeat entry as long as is activated.


in terminal S/L & T/P is always 0.00 that means EA not active or MT4 shut down ORDERS WILL NOT BE CLOSED
broker doesn't have clue about you attentions that means they are virtual no pending orders, TP & SL are visible to broker

PS
test for bugs and report back. good luck
EA and manual is pined to first post.
future updated and bugs fix will be on first post
Attached File(s)
File Type: ex4 Pro7_EA.ex4   70 KB | 307 downloads
File Type: mq4 Pro7_EA.mq4   44 KB | 328 downloads
Forex can only be understood backwards, but it must be traded forwards.
 
3
  • Post #82
  • Quote
  • Edited 4:49pm May 20, 2020 4:39pm | Edited 4:49pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
images are telling 1000 words
EA properties
Attached Image (click to enlarge)
Click to Enlarge

Name: eaprop.png
Size: 56 KB

EA classic. NOT activated until user press OFF - ON switch
Attached Image (click to enlarge)
Click to Enlarge

Name: gbpjpy.png
Size: 22 KB

EA Range Sell activated. EA will NOT take any trade until user press OFF - ON switch
Attached Image (click to enlarge)
Click to Enlarge

Name: gbpjpyRS.png
Size: 22 KB

EA Range Buy activated. EA will NOT take any trade until user press OFF - ON switch
Attached Image (click to enlarge)
Click to Enlarge

Name: gbpjpyB.png
Size: 23 KB


user can gave both Sell and Buy at the same time
Forex can only be understood backwards, but it must be traded forwards.
 
2
  • Post #83
  • Quote
  • May 20, 2020 4:47pm May 20, 2020 4:47pm
  •  forexer11
  • | Joined Feb 2013 | Status: Member | 275 Posts
Is there any investor user account to review this ea?thx
 
 
  • Post #84
  • Quote
  • May 20, 2020 4:53pm May 20, 2020 4:53pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting forexer11
Disliked
Is there any investor user account to review this ea?thx
Ignored
no
this is manual EA, user input price where EA will open XY trades on single line or XY trades in range
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #85
  • Quote
  • May 21, 2020 2:17am May 21, 2020 2:17am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
good morning to all
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #86
  • Quote
  • May 21, 2020 2:31am May 21, 2020 2:31am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting phoenikz
Disliked
{quote} Agree on this But my TP will be 1760 {image}
Ignored
hi phoenikz,
didn't have time to respond. thx for posting

GOLD in now back to 1737.99 with potential to go up again.
buy above
sell below
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #87
  • Quote
  • May 21, 2020 2:38am May 21, 2020 2:38am
  •  pamc
  • Joined Jan 2017 | Status: Member | 1,302 Posts
Well done Prozor. Good luck with the thread and your trading
 
 
  • Post #88
  • Quote
  • May 21, 2020 3:42am May 21, 2020 3:42am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
Quoting pamc
Disliked
Well done Prozor. Good luck with the thread and your trading
Ignored
hi pamc,
thx, for best wishes.

lots of trader and developer put a lot of time for this thread to work.
I'm hoping that this will help others to improve they trading.
we are swimming with sharks, and we need to be smarter and faster .

everybody are welcome to post.

you to have a good and lucrative trading time.
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #89
  • Quote
  • May 21, 2020 6:00am May 21, 2020 6:00am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
let start with GBP
EURGBP
nice cluster support @ 0.89390 - 0.89864
watching 0.89633 for long

GBPAUD
support 1.85195
possible up to 1.86822 pay attention to cluster support above this line with potential to go 1.88333

GBPCAD
resistance/support @ 1.70270 - 1.70369

GBPCHF
resistance/support @ 1.182298

GBPJPY
resistance 131.898 - 132.314

GBPNZD
resistance/support @ 2.00070 - 2.00256

GBPUSD
cluster resistance @ 1.22363 - 1.22469
Attached Image (click to enlarge)
Click to Enlarge

Name: gbp.png
Size: 188 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #90
  • Quote
  • May 21, 2020 6:23am May 21, 2020 6:23am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
GOLD
watching 1730.27 for long
possible spike down to 1726.40

H4 support 1721.51 breaking this line expecting testing 1705.16
if that scenario plays out GOLD will enter sell mode than 1737.99 - 1741.11 should be resistance
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #91
  • Quote
  • May 21, 2020 6:53am May 21, 2020 6:53am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
EUR
read post 3 for rules
Attached Image (click to enlarge)
Click to Enlarge

Name: eur.png
Size: 218 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #92
  • Quote
  • May 21, 2020 6:59am May 21, 2020 6:59am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
JPY
currently weakest currency that gives potential to:
EURJPY to go up to 119.000 support @ H4 118.308 should confirm that
Attached Image (click to enlarge)
Click to Enlarge

Name: jpy.png
Size: 218 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #93
  • Quote
  • May 21, 2020 7:08am May 21, 2020 7:08am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
AUD
gaining some strength
Attached Image (click to enlarge)
Click to Enlarge

Name: aud.png
Size: 218 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #94
  • Quote
  • May 21, 2020 7:11am May 21, 2020 7:11am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
NZD
follow AUD with few hours delay:
Attached Image (click to enlarge)
Click to Enlarge

Name: nzd.png
Size: 248 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #95
  • Quote
  • May 21, 2020 7:13am May 21, 2020 7:13am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
EURJPY
EUR is overstretched (buy)
pay attention to 118.635 - 118.831 for pullback
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #96
  • Quote
  • May 21, 2020 7:25am May 21, 2020 7:25am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
USD
news in hour or so gives nice opportunity to trade, remember "JAWS" and legendary statement "We're need a bigger boat"
Attached Image
Attached Image (click to enlarge)
Click to Enlarge

Name: usd.png
Size: 193 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #97
  • Quote
  • May 21, 2020 7:40am May 21, 2020 7:40am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
CAD
Attached Image (click to enlarge)
Click to Enlarge

Name: cad.png
Size: 216 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #98
  • Quote
  • May 21, 2020 7:46am May 21, 2020 7:46am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
CHF
give me some sugar
Attached Image (click to enlarge)
Click to Enlarge

Name: chf.png
Size: 230 KB
Forex can only be understood backwards, but it must be traded forwards.
 
 
  • Post #99
  • Quote
  • May 21, 2020 8:36am May 21, 2020 8:36am
  •  prozor7
  • Joined Mar 2010 | Status: Member | 5,642 Posts
GOLD in now back to 1737.99 with potential to go up again.
buy above
sell below
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Post #100
  • Quote
  • May 21, 2020 10:24am May 21, 2020 10:24am
  •  paulbartosze
  • | Joined Apr 2018 | Status: Member | 14 Posts
Great thread Prozor! looking forward to following this and learning!
 
 
  • Interactive Trading
  • /
  • Pro7 PA trading analysis 28+GOLD
  • Reply to Thread
    • 1 34Page 567 347
    • 1 Page 5 347
1 trader viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023