Hi MickeyMar: How does the EA know to trade only in the M15? When I load it into the M15 time chart it shows in all time frames. This is the first EA I've tried, so it's quite a learning curve for me and I want to get it right the first time. Hoping to test it starting Monday. Thanks.
- #182
- Edited 9:52am Oct 21, 2017 9:31am | Edited 9:52am
It's working too in daily 
937 pips on EU....trade in progress but reversal possibility
@damiend Could you check your code ?
I wanted to do a backtest in daily from may 2017 to now with Take Profit at Opposite Signal
the EA took the trade correctly on may 5 but with only 5 pips profit ?????? ....no in agrement with the chart
937 pips on EU....trade in progress but reversal possibility
@damiend Could you check your code ?
I wanted to do a backtest in daily from may 2017 to now with Take Profit at Opposite Signal
the EA took the trade correctly on may 5 but with only 5 pips profit ?????? ....no in agrement with the chart
It's working too in daily
Because with default values BreakevenAfter=25 and BreakevenValue=5, it will set SL at 5 pips when it goes 25 pips in your favor.
You can disable BreakEven by setting BreakevenAfter=0, or use highers values if you don't want to be stopped by a retracement.
DamienD, sorry to be a pain in the ass... but could you also add a simple ON/OFF button to the EA? It would be useful to simply turn off a certain pair if the situation in the market requires it, without having to remove the EA from the chart and lose the personalized settings... of course they could be saved, but if it's not too much trouble, I could use this simple setting (ideally placed first in the list).
Thanks man... Have a good weekend!
Thanks man... Have a good weekend!
- #191
- Oct 21, 2017 11:40pm Oct 21, 2017 11:40pm
Great thanks for the extensive tests, it helps a lot because unfortunately I don't have a lot of time these days so it's difficult to do the coding + the tests. Ok for the 3 new features, I can add that to your shopping cart
55 EMA close
55 EMA low
33 EMA close
Damiend can you please add the option for the EA to use the 55 EMA set to close as an stop loss?
If long only close the trade if price is below the 55 EMA set to close.
thanks
As with any system or strategy, it is not 100%
I have been comparing this system with others here and i have come up with a perfect combination for those who are interested in getting very early signals, just look at the blue and magenta arrows as compared to the original ones i posted above and make your judgment. I compared with paradox system and coded Romar_MA_cross.ex4 that produces the blue and magenta arrows (you have to also download the included Paradox_ROMAR.ex4 for it to work). I hope I'm not distracting you from an already working system but i believe this discovery makes it even...
I put the romar arrows you mentioned on a chart, out of curiosity. 13.10 at 18:45 and 18.10 at 3.30 on EURUSD were actually false signals on these arrows, filtered out perfectly well by the original channel MA system. Yes, the entries given by these arrows are apparently earlier, but what about FALSE ENTRIES? The system's main objective and logic is exactly to filter as much as possible the inevitable MA noise and false signals...
The channel idea is the main focus of this thread, and I'd like to keep it that way, please. If the Romar indicator or others have their own threads... please share all that there... There are so many MAs, there are many MA systems, none is perfect and believe me: no MA combination is "THE BEST". Many times "better" is the enemy of "good". I never said this system is the best, but it is working and i think it's in our best common interest to focus on what was found in real trading to be working. Of course improvements are welcome, but I think these must come from a lot of market experience, not just a quick look at one chart. If we keep changing the rules, we will never master the game as it is, so we can make real money from the system. Which is why we're all here, I think
Please please please don't take this personal, i'm not trying to silence or block anyone from openly sharing their ideas and experience - your input has been very useful and appreciated so far. Sidric: your indicator is the one I use now, thank you for your work, your enthusiasm and interventions! But please, let's STICK TO THIS SYSTEM here in the thread, so that our discussion and efforts can all point in the same direction
Thanks in advance for your understanding!
- #194
- Oct 22, 2017 8:28am Oct 22, 2017 8:28am
- Joined Sep 2010 | Status: Trader | 2,034 Posts | Online Now
{quote} Actually Sidric... no offense, but for me this is a bit distracting.... Please please please don't take this personal, i'm not trying to silence or block anyone from openly sharing their ideas and experience - your input has been very useful and appreciated so far. Sidric: your indicator is the one I use now, thank you for your work, your enthusiasm and interventions! But please, let's STICK TO THIS SYSTEM here in the thread, so that our discussion and efforts can all point in the same direction
Agreed. btw, this secretive romar MA is simply 8SMMA. The paradox thread, is the work of a madman, imho.
Regarding the on/off switch for Damiend's EA, try changing the 33EMA to 55, set to close. No cross, no entry.
DamienD, sorry to be a pain in the ass... but could you also add a simple ON/OFF button to the EA? It would be useful to simply turn off a certain pair if the situation in the market requires it, without having to remove the EA from the chart and lose the personalized settings... of course they could be saved, but if it's not too much trouble, I could use this simple setting (ideally placed first in the list). Thanks man... Have a good weekend!
- #200
- Oct 22, 2017 2:53pm Oct 22, 2017 2:53pm
- Joined Sep 2010 | Status: Trader | 2,034 Posts | Online Now