Tested the strategy today and could catch some blue pips with it. Seems like a really interesting one. Could you please keep us up to date when there is something new concerning an EA for it? Would be really kind of you.
Tested the strategy today and could catch some blue pips with it. Seems like a really interesting one. Could you please keep us up to date when there is something new concerning an EA for it? Would be really kind of you. Thanks in advance and best greetings
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I will do that. I'm currently working on one now. Ill post when I finish.
The drawdown is a lot better on the higher time frams. You have to keep lot sizes and take profits small. I did a take profit of only 5 pips each time.
{quote} It can't be backtested reliably if arrows repaint.
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You are right, I’m working on non repaint indicators now. I have one for the histogram. Just need one for super signals and arrows. I backed tested the EA anyway for the last 10 years on two pairs successfully. And I have it attached to a demo right now and it’s taken a few trades 5 pip $20 TP. But yes, you’re right, until I can get non repaints there’s always that chance. But give it a chance. That’s what this post is for. To put the strategy out there, get feedback and iron it out.
{quote} You are right, I’m working on non repaint indicators now. I have one for the histogram. Just need one for super signals and arrows. I backed tested the EA anyway for the last 10 years on two pairs successfully. And I have it attached to a demo right now and it’s taken a few trades 5 pip $20 TP. But yes, you’re right, until I can get non repaints there’s always that chance. But give it a chance. That’s what this post is for. To put the strategy out there, get feedback and iron it out.
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Im working in the 2 repaints indicators arrow and supersignal. if i have something i will post it here.
{quote} You are right, I’m working on non repaint indicators now. I have one for the histogram. Just need one for super signals and arrows. I backed tested the EA anyway for the last 10 years on two pairs successfully. And I have it attached to a demo right now and it’s taken a few trades 5 pip $20 TP. But yes, you’re right, until I can get non repaints there’s always that chance. But give it a chance. That’s what this post is for. To put the strategy out there, get feedback and iron it out.
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Hi cms24748,
Can you update your strategy without repaint Indicator?
Can someone please help me modify this great trendline indicator. What it does is that it gives alert when price is about to get to a trendline that you have drawn and consider to be a major support or resistance line. But the problem is you have to set the indicator everytime after the first alert even if you still consider the trenline to be valid in the future. Let me give example
You draw a support trendline on gbcad at 1.7050 planning to sell when price break below it. You now set alert that when price is 10 pips to the trendline then you are notified. Everything worked perfect. But problem is if i still want to use the trend line again later then i will have to set this indicator again.
So can someone help to modify the indicator so that the only time i dont want to get alert on the trendline is to delete the trendline
How this indicator works
1. Draw a trenline (anytype)
2. double click the trend line
3. Right click the trendline and go to the properties> common> Description
4. If you want to be notified like price is 10 pips to the line then you type
"Alert_10"
