Pattern robot
I am not sure if it is allowed to link to Youtube. If not, let me know and I will remove it.
This is the strategy that I found interesting: (5) "The BEST Scalping Strategy For SMALL Forex Accounts! (75% Win Rate)" Proven 100 Trades - YouTube.
EDIT - I am editing post #1 frequently. I don't specify whenever I do it. So you have to reread it frequently.
So I started to make the robot. From version 6 it is showing pinbars only. And it is in general working better. I will explain about the wick sizes that can be adjusted later. For now just use those preset in the robot.
I will also make the suggested Engulfing some time in the coming future.
Thatīs really it! Very simple but a nice aid in the daily work as a manual trader.
I ad the code here. Everybody is allowed to take it and develop it further as long as they are publishing the MQ4 code here!!!
Please use this naming: Pattern_YourInitials_Version.
The trading rules are in the blue box. Picked up from the Youtube video. Attached is the robot as it is right now, the template I use as well as the indicators I use. They are all found at Forex Factory.
Screen will turn blue in case of a Long suggestion and Green for a Short. NOTE THAT YOU CANNOT JUST TRADE THOSE SUGGESTIONS. THEY ARE JUST HERE TO TELL YOU, THAT SOMETHING INTERESTING MIGHT BE GOING ON!!
You have to make your normal analyzing - allways!
A Pinbar is charactorised by having a long wick and a short wick. You can set those numbers in the settings. I have heard these figures (might not be correct):
WickLong must be minimum 33% of the size of the full bar from high to low.
WickShort not larger than 18% and not smaller than 3%.
For the Piunbar to work as a strategy, the must be no bars to the left that coses past the EMA50. How many?? I don't know, so I made it variable. It is called LeftBars in the settings.
There might still be minor faults in the code. Keep coming back to the trade to receive updates.
I am not sure if it is allowed to link to Youtube. If not, let me know and I will remove it.
This is the strategy that I found interesting: (5) "The BEST Scalping Strategy For SMALL Forex Accounts! (75% Win Rate)" Proven 100 Trades - YouTube.
EDIT - I am editing post #1 frequently. I don't specify whenever I do it. So you have to reread it frequently.
So I started to make the robot. From version 6 it is showing pinbars only. And it is in general working better. I will explain about the wick sizes that can be adjusted later. For now just use those preset in the robot.
I will also make the suggested Engulfing some time in the coming future.
Thatīs really it! Very simple but a nice aid in the daily work as a manual trader.
I ad the code here. Everybody is allowed to take it and develop it further as long as they are publishing the MQ4 code here!!!
Please use this naming: Pattern_YourInitials_Version.
The trading rules are in the blue box. Picked up from the Youtube video. Attached is the robot as it is right now, the template I use as well as the indicators I use. They are all found at Forex Factory.
Screen will turn blue in case of a Long suggestion and Green for a Short. NOTE THAT YOU CANNOT JUST TRADE THOSE SUGGESTIONS. THEY ARE JUST HERE TO TELL YOU, THAT SOMETHING INTERESTING MIGHT BE GOING ON!!
You have to make your normal analyzing - allways!
A Pinbar is charactorised by having a long wick and a short wick. You can set those numbers in the settings. I have heard these figures (might not be correct):
WickLong must be minimum 33% of the size of the full bar from high to low.
WickShort not larger than 18% and not smaller than 3%.
For the Piunbar to work as a strategy, the must be no bars to the left that coses past the EMA50. How many?? I don't know, so I made it variable. It is called LeftBars in the settings.
There might still be minor faults in the code. Keep coming back to the trade to receive updates.
Attached File(s)
Pattern.tpl
8 KB
|
292 downloads
!SM_Daily_HiLo.ex4
3 KB
|
274 downloads
Lot_Size.mq4
41 KB
|
281 downloads
MTF DashBoard v3.ex4
76 KB
|
318 downloads
Pattern_RiskFighter_7.mq4
16 KB
|
332 downloads
Read post #1 !! Then read it again 10 more times before you ask.