H4 Mobile Trading Simple Strategy 111 replies
Best Mobile for MT4 mobile platform? 14 replies
MT4 mobile can use to mobile phone with OS android, or iphone or blackberry? 5 replies
MT4 Mobile vs. MT4 Mobile SE - Significant difference? 0 replies
Dislikedyesterday I traded loosely on the rules on the 1 hour , on every currency that gave me a signal from my indicator , set the sl and tp as per the fibo 150 and did not touch the trades after that , and here are the results. {image}Ignored
DislikedJust to add we can use volume ( Money Flow Index) and trend indicators ( Average Directional Movement Index) while filtering deals. {image}Ignored
Disliked{quote} @ buju, can you pls do me a favour? The last EA(attached to this post) that was created for this strategy on this thread was programmed for the 4hrs time frame. So it calculates TP and SL based on 4hrs even if you attach it to 1hr. Can you kindly make it adjustable to other time frames just like your valuable indicator? {file}Ignored
Disliked{quote} Hey timidave, from what I can see the EA uses the current TF, it's not bound to the 4H.Ignored
Disliked{quote} No, pls check very well. Apply buju's indicator to 1hr and compare it with a valid trade from the EA on 1hr. It's clear that the take profits from the EA maintains 4hrs fibIgnored
Disliked{quote} @ buju, can you pls do me a favour? The last EA(attached to this post) that was created for this strategy on this thread was programmed for the 4hrs time frame. So it calculates TP and SL based on 4hrs even if you attach it to 1hr. Can you kindly make it adjustable to other time frames just like your valuable indicator? {file} {file}Ignored
Disliked{quote} The logic is different. Buju's indicator does not use MA, but his engulfing bar definition is actually correct (H1>H2, L1<L2 and C1>C2 for long). The EA's engulfing bar rule follows stock market rules where the body engulfs the previous bar's body.Ignored
Disliked{quote} had a quick look at the ea , problem is with this: extern int CandleShift = 6; which effects this: int candleLowest = iLowest(NULL,0,MODE_LOW,CandleShift,1); double lowest = iLow(NULL,0,candleLowest); so its taking the lowest / highest price over the last 6 candles try changing CandleShift to 1 when you startup the ea.Ignored
Disliked{quote} thats correct , i didnt put in a MA or additional indicator , thats so the trader can decide what extra indi's to base the decisions on.Ignored
Disliked{quote} Hi buju, lowest seems to be used to set the SL only: Stopploss = NormalizeDouble(lowest, Digits); OrderAngepasst = OrderModify(OrderTicket(), OrderOpenPrice(), Stopploss, OrderTakeProfit(), 0, Yellow); The EA logic needs to be changed but I see no use in that. IMO, it's not the kind of strategy that can be fully automated to produce good results. {quote} Yep, good thinkingIgnored
Disliked{quote} @ SkippyTheCan, pls if you can change the logic to trade more correctly, pls do. I've actually seen an EA using this strategy perform very well (80% and above success rate) in an 8 months bactest. It all depends on your settings sometimes. The EA I'm even talking about was released on this thread long time ago. But it still had bugs and the source code was not released.Ignored
Disliked{quote} had a quick look at the ea , problem is with this: extern int CandleShift = 6; which effects this: int candleLowest = iLowest(NULL,0,MODE_LOW,CandleShift,1); double lowest = iLow(NULL,0,candleLowest); so its taking the lowest / highest price over the last 6 candles try changing CandleShift to 1 when you startup the ea.Ignored
Dislikedyeah , you dudes have got me modding this ea now . lol lets see what we can do , ill post back when i have some solid data believe me , i want this to work as much as you guys as ive spend a week on this strat nowIgnored
Disliked{quote} Here is the link to the EA and 8 months backrest that I was talking about; https://www.forexfactory.com/showthr...0#post11728200Ignored
Dislikedyeah , you dudes have got me modding this ea now . lol lets see what we can do , ill post back when i have some solid data believe me , i want this to work as much as you guys as ive spend a week on this strat nowIgnored
Disliked{quote} I've seen it of course. If you'll take a look at the report, you'll see EngulfEAv2.ex4 is a completely different beast. It places buy stop and sell stop orders rather than market orders. Obviously there's something else. There's no indication to the additional criteria it uses for decision making. Too bad there's no source code. I've modded degu35's EA, feel free to play with it. Don't expect much though; as I said, it's completely different. I also added a couple of other options. {file} {quote} Hey buju, done some modding, check it out....Ignored