5 minute bar system for looking for shorter term trends. Put HA and NLD in indicator folder, currencySignals in include folder, and ADX RSI system v1.0 in experts folder (and compile them all). The currency strength is displayed, but not currently used for entry criteria (but will be in future versions).
BUY SIGNAL:
- RSI >= 65 (select period - default is 8)
- ADX >= 25 (select period - default is 8)
- Heiken Ashi (HA) color is up
- Non Lag Dot (NLD) for previous bar is up
EXIT BUY:
- ADX < 25 or HA changes color (both are options)
SELL SIGNAL:
- RSI <= 35 (select period - default is 8)
- ADX >= 25 (select period - default is 8)
- Heiken Ashi (HA) color is down
- Non Lag Dot (NLD) for previous bar is down
EXIT SELL:
- ADX < 25 or HA changes color (both are options)
If you test it, please give feedback. For example, is it entering trades too often in chop? I can make changes to the EA to make it better, so would appreciate feedback from everyone.
Mahalo!
EZcurrency
BUY SIGNAL:
- RSI >= 65 (select period - default is 8)
- ADX >= 25 (select period - default is 8)
- Heiken Ashi (HA) color is up
- Non Lag Dot (NLD) for previous bar is up
EXIT BUY:
- ADX < 25 or HA changes color (both are options)
SELL SIGNAL:
- RSI <= 35 (select period - default is 8)
- ADX >= 25 (select period - default is 8)
- Heiken Ashi (HA) color is down
- Non Lag Dot (NLD) for previous bar is down
EXIT SELL:
- ADX < 25 or HA changes color (both are options)
If you test it, please give feedback. For example, is it entering trades too often in chop? I can make changes to the EA to make it better, so would appreciate feedback from everyone.
Mahalo!
EZcurrency
Attached File(s)
ADX RSI system v1.0.mq4
25 KB
|
1,045 downloads
currencySignals.mqh
38 KB
|
807 downloads
Heiken Ashi.mq4
5 KB
|
774 downloads
nonlagdot.mq4
9 KB
|
805 downloads