Disliked{quote} {quote} @MarkStep -- perhaps read one of the dozen other posts where this has already been answered? Just a suggestion...Ignored
(binned per thread starter’s request) MM (Money Maker) Detective
{quote} @cyd09 -- OOTB? Why not make it easy on us -- why do I have to spend time Googling to figure out what that means. You have the BDX indicator -- so use it to figure out whether or not there should have been any trades. Why would you expect someone else to do that for you?
yeah get it now, theres no significant movement since yesterday, and i adjust the extreme price form 100 to 50, now it takes trade in gbpcad.. check the chart with the indi.. thank you!!
- #6,230
- Aug 27, 2019 5:03am Aug 27, 2019 5:03am
- Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
{quote} 'BDX Exit Type' -- only one option -- 'Crosses midline OR HMA transition' To be continued in next post...
GBPNZD short entry is marked with a red vertical line and fully in line with entry criteria.
It ran about 90 pips into positive territory before turning around.
Should the EA not have exited this trade on HA transition from red to white ?
Allpairs H4 screenshot.
LuXing
Wisdom begins in wonder
- #6,235
- Aug 27, 2019 5:39am Aug 27, 2019 5:39am
- Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
Wisdom begins in wonder
- #6,236
- Aug 27, 2019 5:58am Aug 27, 2019 5:58am
- Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
Wisdom begins in wonder
{quote} Exit rule ? Midline cross or HMA transition. You failed to answer what HMA is. Heikin Magic Ashi (indicator) colour change ? Hull Moving Average (how many periods)?
So let us assume you know. Did you at any point in time read this quote from @R4M:
"Entries: Blue dots are BUY signals and purple dots are SELL signals.
Exits: The 'x's are Exit signals. Red 'x's mean close either BUY or SELL trades. Blue 'x's mean close BUY trades. Purple 'x's mean close SELL trades."
Those that have been following would have read that somewhere in the thread. Below is my chart and open trades on GN.
"Blue 'x's mean close BUY trades. Purple 'x's mean close SELL trades."
The last HMA exit signal was a purple "x" circled in green. If there was any sell trade open, it would have been closed. The next HMA exit signal would be a blue "x". Therefore, your sell trades would still be in play. Before the sell trades can be closed, we need to get a Blue "x" and then a purple "x". Do you know why? I can't help if you dont.
{quote} The only explanation regarding HMA you posted is this: "HMA transitions -- this is another beast. They are rarely used but I decided to add them as a potential backup. I have a nice indicator whose name suggests it is HMA-based, but the source code is decompiled -- so it is hard to tell what the actual algorithm is. It's markings appear similar to a Smoothed Heiken Ashi, but not quite. I'm using it as "plan B" for Exits. But, again, the vast majority of the time trades will Exit due to TP or midline crossing."
- @R4M was open enough about the code and the short comings - (so it is hard to tell what the actual algorithm is. It's markings appear similar to a Smoothed Heiken Ashi, but not quite. I'm using it as "plan B" for Exits.) The HMA purple and blue dots are emergency exits in case the price moves in opposite direction. However, it must first align the HMA transition to prevent closing the trades too early.
What more clarity do you want?
{quote}So, to check the EA's trade logic for both entries and exits users will have to rely on the R4M BDX ADR indicator that sometimes plays up and doesn't necessarily always paint the entries/exits.
It's internet and I expect people like you and your type of comments to come. Someone has worked his ass off to make something. You should at least put in your work and stop shooting down other people's honest contribution just because you don't understand it or too lazy to do the minimum.
Finally, it is not compulsory to use it. There are many threads and forums on Forexfactory. You can move over there. Thank you.
For educational purpose
The shot below tells you everything about BDX entries and exits. Everything working in sync.
To understand BDX better, just pull out all @R4M's posts on new releases since the introduction of BDX.
Read his posts and look at the entries & exits.
The shot below tells you everything about BDX entries and exits. Everything working in sync.
To understand BDX better, just pull out all @R4M's posts on new releases since the introduction of BDX.
Read his posts and look at the entries & exits.