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MADdash (Moving Average Distance)

  • #3,361
  • Mar 29, 2022 9:11am Mar 29, 2022 9:11am
Version 1.1:
+ Use on MT4 Terminal.
+ The EA analyzes the currency's strength based on the MAs of the M1 and M5 timeframes.
+ Add more pairs: NZDJPY, NZDUSD. Can be used with currency pairs: AUDCAD, AUDJPY, AUDUSD, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY.
+ You can use the EA with any timeframe.
+ This version has no stop loss, positions will be floated, however EA will try to close floating positions when the loss equals the profit of other trades.
This EA analyzes multiple timeframes and multi-currency pairs, so backtest results are incorrect or no backtest results (because MT4 backtest doesn't simulate multi-currency charts at the same time). So you should start with a demo account or with a lot size 0.01 lot.
Attached File(s)
File Type: ex4 MADash EA v1.1.ex4   60 KB | 734 downloads
  • #3,362
  • Mar 29, 2022 12:32pm Mar 29, 2022 12:32pm
Quoting forexmanvn
Version 1.1: + Use on MT4 Terminal. + The EA analyzes the currency's strength based on the MAs of the M1 and M5 timeframes. + Add more pairs: NZDJPY, NZDUSD. Can be used with currency pairs: AUDCAD, AUDJPY, AUDUSD, EURAUD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDJPY. + You can use the EA with any timeframe. + This version has no stop loss, positions will be floated, however EA will try to close floating positions when the loss equals the profit of other trades. This EA analyzes multiple timeframes and multi-currency pairs, so backtest...
the expert works alone ? still requires something ? I have tried it, but it does not work.
  • #3,363
  • Mar 30, 2022 5:33am Mar 30, 2022 5:33am
Quoting fxandthedax
{quote} the expert works alone ? still requires something ? I have tried it, but it does not work.
I don't want to answer questions like: "I have tried it, but it does not work."
I don't want to elaborate on this either. Because the user has no experience in using the EA and this is really risky. You can't drive a car on the street if you're not familiar with cars (just an example).
Explaining the basics of using EA just wastes the space of this topic. Please educate yourself before applying any tools to your trading.
However, if the admin allows this comment, I would explain it like this:
+ Users often think that the EA will trade immediately when they activate the EA, this is wrong thinking, the EA can have up to several days without trading because no signal appears. So let the EA work for at least 48 hours. I assume you are new to the EA within 3 4 hours, so please be patient.
+ Users even just add the EA to the chart and don't click the Enable Auto Trading button, don't set the "Allow live trading" EA. This is represented by the sad face icon in the top right corner of the chart. Make sure you see the smiley face.
+ Make sure your broker allows EA to work, brokers often ban EAs with promotional accounts.
+ Please read and understand the parameters in the setting.
+ NO requires anything.
  • #3,364
  • Apr 1, 2022 10:38am Apr 1, 2022 10:38am
Quoting Hammertop
{quote} UPDATE: That EU trade, after going up to 65 pips, went back to negative territory, then recovered a bit and at this moment is at -3. So definitely something is wrong. I see in the journal there was a disconnection at some point (that happens sometimes with ICMarkets demos) but that was after the price reached the highest profit. I don't know if that was a problem but I don't see any point carrying on with the test till I get some feedback from you in case I'm doing something wrong. Hopefully soon
Hello,
+ If you only activate the EA with the EURUSD chart, it only opens trades with the EURUSD currency pair.
+ The EA analyzes the strength of 28 currency pairs, so you should use the EA with at least 3 currency pairs. Or you should also try with all the currency pairs that I have suggested.
+ You should not use this EA at the same time as another EA on the same account.
+ The current version will float the positions and the EA will close it when the profit of subsequent trades is balanced with the loss of the position.
+ Next version 2.x, I will upgrade the stop loss feature over time (for example, activate stop loss after 10 minutes, 15 minutes...). This version is still under development.
+ I am also testing with about 10 currency pairs, and the results are more positive and stable, see picture.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 98 KB
  • #3,365
  • Apr 1, 2022 5:47pm Apr 1, 2022 5:47pm
Quoting forexmanvn
{quote} Hello, + If you only activate the EA with the EURUSD chart, it only opens trades with the EURUSD currency pair. + The EA analyzes the strength of 28 currency pairs, so you should use the EA with at least 3 currency pairs. Or you should also try with all the currency pairs that I have suggested. + You should not use this EA at the same time as another EA on the same account. + The current version will float the positions and the EA will close it when the profit of subsequent trades is balanced with the loss of the position. + Next version...
Ok, thanks for clarifying a bit and for the new version. I will give it one more try.
As for the problem I reported (not closing a a positive trade that went up to 65 pips and then retraced back to negative) could that be related to a temporary disconnection while the trade was open? Sorry for asking but I'm not that much knowledgeable about EAs behaviour and if external accidents could influence the algorithm.
  • #3,366
  • May 11, 2022 9:32am May 11, 2022 9:32am
Quoting 919gilead
{quote} My rule of thumb is to close trades not moving within 15 minutes as there is no momentum, and I no longer have an edge. Mine is quick in quick out. I was distracted reading your mail, so I missed my entry point on this trade and closed as price approached the DPV line. {image}
Hi George
Long time no talk. I thought you left the forum when you had that new EA. Glad to see you back, now I'll be back more often.
Any chance you can provide the buy-sell trading indicator?

good talking to you
Ray

PS: I see you trading the M1 ironically so do I.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m1-5-11-2022 10-29-57 AM.png Size: 19 KB
  • #3,367
  • May 11, 2022 1:17pm May 11, 2022 1:17pm
Quoting Traderduke
{quote} Hi George Long time no talk. I thought you left the forum when you had that new EA. Glad to see you back, now I'll be back more often. Any chance you can provide the buy-sell trading indicator? good talking to you Ray PS: I see you trading the M1 ironically so do I. {image}
Hey Ray,

I'm always in the background but mostly using the EA now. Attached is the indicator I think you're asking for.

Take care, and off to snooze
Attached File(s)
File Type: ex4 MTF MA Cross w Alert v2.ex4   23 KB | 582 downloads
File Type: mq4 MTF MA Cross w Alert v2.mq4   5 KB | 658 downloads
Low Risk Low Stress High Reward High Probability Trades
  • #3,368
  • May 11, 2022 2:19pm May 11, 2022 2:19pm
Quoting 919gilead
{quote} Hey Ray, I'm always in the background but mostly using the EA now. Attached is the indicator I think you're asking for. Take care, and off to snooze {file} {file}
George
I was looking for the trade manager, I should have said that in the beginning.

Thank you

Attached Image (click to enlarge)
Click to Enlarge Name: tm-5-11-2022 3-16-28 PM.png Size: 20 KB
  • #3,369
  • May 12, 2022 12:29pm May 12, 2022 12:29pm
Quoting Traderduke
{quote} George I was looking for the trade manager, I should have said that in the beginning. Thank you {image}
Oh sorry Ray, it's a proprietary EA that cannot be shared.
Low Risk Low Stress High Reward High Probability Trades
  • #3,370
  • May 15, 2022 11:34am May 15, 2022 11:34am
Quoting 919gilead
{quote} Oh sorry Ray, it's a proprietary EA that cannot be shared.
ok, thanks for the reply
  • #3,371
  • May 16, 2022 12:39am May 16, 2022 12:39am
how to add GOLD in the watch list in the MADash indicator?
  • #3,372
  • May 16, 2022 2:23am May 16, 2022 2:23am
Quoting bhavesh99
how to add GOLD to the watch list in the MADash indicator?
Normally people read the first 10, 20 or 30 posts and find information required,

Basically, it is for currencies, specifically the 8 major currency

GOLD is a commodity

https://www.forexfactory.com/thread/...86#post8335286
It takes a lot for me to IGNORE you, but you can try.
  • #3,373
  • Jun 1, 2022 8:48pm Jun 1, 2022 8:48pm
Hi, can anyone help me to check
Where can I find the push notifications?
  • #3,374
  • Jun 1, 2022 9:44pm Jun 1, 2022 9:44pm
Quoting forexliew77
Hi, can anyone help me to check Where can I find the push notifications?
Do as I did, search for notifications

... or go here

https://www.forexfactory.com/thread/...0#post13355480
It takes a lot for me to IGNORE you, but you can try.
  • #3,375
  • Jun 1, 2022 10:30pm Jun 1, 2022 10:30pm
Quoting Erebus
{quote} Do as I did, search for notifications ... or go here https://www.forexfactory.com/thread/...0#post13355480
Mean that the latest version, don't have push notifications.?
If I want the push notifications, how to set up?
  • #3,376
  • Jun 3, 2022 5:35am Jun 3, 2022 5:35am
Quoting forexliew77
{quote} Mean that the latest version, don't have push notifications.? If I want the push notifications, how to set up?
No push notifications available.
  • #3,377
  • Jun 8, 2022 5:45pm Jun 8, 2022 5:45pm
Quoting Pawned
{quote} No push notifications available.
And now are the notifications working ?
Attached File(s)
File Type: mq4 MTF_MA_Cross_Alert_Notif_V3.mq4   6 KB | 435 downloads
  • #3,378
  • Jun 21, 2022 8:35am Jun 21, 2022 8:35am
Quoting forexmanvn
{quote} Hello, + If you only activate the EA with the EURUSD chart, it only opens trades with the EURUSD currency pair. + The EA analyzes the strength of 28 currency pairs, so you should use the EA with at least 3 currency pairs. Or you should also try with all the currency pairs that I have suggested. + You should not use this EA at the same time as another EA on the same account. + The current version will float the positions and the EA will close it when the profit of subsequent trades is balanced with the loss of the position. + Next version...
forexmanvn
Your EA does trade. I used your default settings. I gather We don't need the Maddash indicator. I assume you need to put all the pairs on separate charts with the EA on each. I was considering using a management EA but I'll try using the MDEA for a while.
Thank you for all your work and your kindness to share.

Attached Image (click to enlarge)
Click to Enlarge Name: maddash-ea-6-21-2022 9-26-19 AM.png Size: 95 KB
  • #3,379
  • Jun 27, 2022 1:30pm Jun 27, 2022 1:30pm
Quoting forexmanvn
{quote} Hello, + If you only activate the EA with the EURUSD chart, it only opens trades with the EURUSD currency pair. + The EA analyzes the strength of 28 currency pairs, so you should use the EA with at least 3 currency pairs. Or you should also try with all the currency pairs that I have suggested. + You should not use this EA at the same time as another EA on the same account. + The current version will float the positions and the EA will close it when the profit of subsequent trades is balanced with the loss of the position. + Next version...
Hi forexmanvn, thanks for the product, I want to try it as well.
Does EA trade suffix pairs, like EURUSD.pro, etc, I'm asking since it didn't open any position overnight
Does it important to have tight spreads or standard will be fine as well?
  • #3,380
  • Jun 29, 2022 9:22am Jun 29, 2022 9:22am
Hello dear Traders. Would it be possible to add a Push notification to MadDash Board? It is so great!! It would be of great service for me when I´m not at the Computer.
Thanks again for such a great Work you guys here provided.

Renato
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