Diversified Trend Trading Approach

Quoting Moof

Disliked

Re post #2408 Hi Guys, Here is the latest trade manager.

Ignored

Quoting Copernicus

Disliked

{quote} Fantastic work M. I can't wait to get this loaded and up and running this weekend. Many thanks for your supreme efforts on this. Just a quick question about : "Buy line touch"; and "Sell line touch" Can you manually place these horizontal lines or move them around....... or does this EA plot them using a level (eg. ATR distance) above/below the high/low of a defined lookback? Ideally I would like to manually place them....but if not then that's ok. All the other conditions look fantastic and just what the Doctor ordered. Thanks once again...

Ignored

Quoting Moof

Disliked

{quote} Hi C Yes they are manually placed after you use the script to draw them. The script places buy line 30 pips above current price and sell line 30 pips below current price as a starter. I made the script to reduce the workload when setting up 30+ charts

Ignored

Quoting Ramadas

Disliked

Telegraph newspaper took my money {image} created this mess on GBP JPY: {image}

Ignored

Quoting thomasK

Disliked

{quote} Same here on EURGBP (long) and GBPAUD (short). Another time these spikes will be -hopefully- favourable to our trade.

Ignored

Quoting Moof

Disliked

Re post #2408 Hi Guys, Here is the latest trade manager. This is now a 100% automated set and forget trade manager as per the rules of EDTT. I've added alerts and push notifications for: Buy line touch Sell line touch Trade opened Short term trade closed Long term trade closed with a friendly reminder to RESET CHART! There is 4 files to install. The StandardDeviationChannel indicator needs to go in to your indicators folder. The manager uses this indicator to automate the exit lines. DTT Line Plotter needs to go into your scripts folder. The Manager...

Ignored

Quoting Ramadas

Disliked

{quote} Thank you for the tool. So I have all on screen and I am wondering what B S BN SN buttons do or white rectangles with 1? After I plot SDC using your tool, what is the procedure to enter trade and then manage it?

Ignored

Quoting Moof

Disliked

{quote} Hi R, The B button buys when price crosses the buy line that is drawn on the chart. The S button sells when price crosses the sell line BN is for buy now....immediate execution same for the SN (sell now button) Top box is for long term channel risk in %(blue channel) bottom box is for short term channel risk (red channel) Place your buy sell lines at the price you would normally place a stop entry order and press the B or S button. a text will appear on screen saying "ARMED BUY" the trade will be entered when price crosses the line. If you...

Ignored

Quoting Ramadas

Disliked

{quote} Shouldn't the red line be above price? {image}

Ignored

Quoting Moof

Disliked

{quote} No, that line is for when you want to sell, the blue line is for buys You move these lines manually to where you want to enter. If you now press the "B" button the "Long armed" notification will print on the chart and the EA will enter a long trade @1.52699 if price gets there

Ignored

Quoting Ramadas

Disliked

{quote} I thought the horizontal lines correspond to color of the SDCs. Red for short term and blue for long term in one direction. That means that when I have 1% in top box, then risk will be divided equally to short term and long term SDC for buy positions at 0.5% each?

Ignored

Quoting Moof

Disliked

The size of both the trades will be calculated at 1% each. You don't need that buy stop order on the chart. it is important that you let the EA place trades (By using the buttons on the chart) or else they wont be managed by the EA

Ignored

Quoting Ramadas

Disliked

{quote} Could you please add automatic armed buy and sell option in EA? I am afraid I will forget to press B or S to activate the orders....

Ignored

Quoting moof

Disliked

too easy! Obviously i haven't tested it yet but i cant see any reason it wont work. {file}

Ignored