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Attachments: SHA & Tripple MA
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SHA & Tripple MA

  • #22
  • Apr 12, 2024 2:29am Apr 12, 2024 2:29am
hii RiskFighter Thanks for the great strategy . Can you share the template? Thank you
  • #24
  • Apr 12, 2024 2:59am Apr 12, 2024 2:59am
Quoting Darwati
because this is following a trend, I tried combining it with the 200 MA You can change SMA - EMA Line or edit mq4 {file} {file} {image}
Yes, I am using 200EMA also right now. The strategy is under development.
MetaTrader 4 - so many advantages.
  • #25
  • Apr 12, 2024 3:00am Apr 12, 2024 3:00am
Quoting sicario
hii RiskFighter Thanks for the great strategy . Can you share the template? Thank you
Hi Sicario

It is dead easy to make a template. So if you cannot make the template, then you cannot trade.
MetaTrader 4 - so many advantages.
  • #26
  • Apr 12, 2024 3:04am Apr 12, 2024 3:04am
Quoting Darwati
{quote} Riskfighter, maybe you can study and improve the zee indicator I was download from this thread https://www.forexfactory.com/thread/...indicators-for {file}
I am not good at indicators. I allways make EA's. That suits my work better. But let me have a look.

However I know it is building on the ZigZag indicator and that is notorius repainting a lot. I tried some years ago to make an EA with the ZigZag, it was bad - because I tried to make it an entry signal. So I think I cannot make it better. But as cpfleger says, it can be very fine as a trendfollower. I will certainly try that. And it is a luck to me, that cpfleger showed it to me.
MetaTrader 4 - so many advantages.
  • #28
  • Apr 12, 2024 4:16am Apr 12, 2024 4:16am
Quoting Darwati
{quote} Honestly, I believe 99% that there is no fully automatic EA that can be stable and profitable I believe in EA more as a tool only So manual trading, assisted by EA for manipulation because I believe everything is just speculation , There will be no single right formula for manipulating random orders from billions of traders around the world
Agree. I have stopped hunting the grail that is working every day making money. If you look at my EA in post 15, you will see 2 buttons - TradeUp and TradeDown. This way I can let the EA trade in one direction or not trade at all. So I make the daily top down analyzes and if I believe that a pair wil rise or fall in value, then I let the EA guard the pair and automatic take the trade when there is a MA cross or whatever this robot does.

Then I have EA's that guards the time of day my account is active. And guard the loosing is not being too big, then everything is closed. Or if I have earned enough for the day, then it can exit everything and call it a day.

And all my EA's are connected via global variabels as a sofisticated network.

So I don't have the grail that makes a lot of money, but it allows me to trade, even that I am the most lousy manual trader that exist on earth. I simply don't have the stummock to trade manually.
MetaTrader 4 - so many advantages.
  • #29
  • Apr 12, 2024 4:43am Apr 12, 2024 4:43am
Quoting Darwati
because this is following a trend, I tried combining it with the 200 MA You can change SMA - EMA Line or edit mq4 {file} {image} {file} {image}
Nice thinking and well done. You are a smart guy.
MetaTrader 4 - so many advantages.
  • #31
  • Edited 7:31am Apr 15, 2024 7:21am | Edited 7:31am
Quoting cpfleger
RiskFighter, All Indicators either - 1) Repaint or 2) Lag. Choose one...... I attached a screenprint and the SR Indicator. For the record, this Indicator is NOT an entry indicator, so it can repaint all it wants BUT with most repainting indicators they repaint less on higher TF's. Enjoy. cpfleger {image} {file}
The Zee works very well. I have coded my robot to take exit signals from it. If there is an exit signal - like the siccor and the trend turns out to continue, then my robot typically takes a new trade short after.
MetaTrader 4 - so many advantages.
  • #32
  • Apr 18, 2024 7:43am Apr 18, 2024 7:43am
So trading a trend is easy. We can all do that. Take a look at post #1. Of cause this one is perfect - because I cherry picked it. It is easy to show how it is done on historic data. I mean - just pick a periode where the instrument is trending - in hindsight. You guys have watched a lot of Youtube - all the "gurus" does that. And when you try to get rich using their perfect strategies, they just don´t work.

But when we sit there every day and try to find the trend that will be for this exact day - a trend that is not there yet, getting on it from the start. How do we do that?

Hang on. I will show some tools during the coming week.
MetaTrader 4 - so many advantages.
  • #33
  • Apr 19, 2024 3:34am Apr 19, 2024 3:34am
Quoting RiskFighter
{quote} The Zee works very well. I have coded my robot to take exit signals from it. If there is an exit signal - like the siccor and the trend turns out to continue, then my robot typically takes a new trade short after.
So now I have used the zee ARRZZ.mq4 for some days and here is my opinion. I find that the signals are delayed by at least one bar - often more. I used the indicator for exit and often when the trend is disturbed, it happens with one or more large bars. So missing the exit with 1 or 2 bars can easily take away most of the profit og the trade.

There will be other ways to use it and I don't say it is useless. Just that it does not fit the purpose I intended at my strategy.
MetaTrader 4 - so many advantages.
  • #34
  • Edited 4:38am Apr 19, 2024 3:47am | Edited 4:38am
I have now runned this strategy for 8 days. I think it is the best I ever made. I have of cause made some corrections so now this is the settings:

Indicators
3 Exponential Moving averages at periode 50. Settings at Low, High and middle.
1 Smoothed Heiken Ashi.
1 LWMA200
1 SuperTrend

Long Entry - allways of closed bars.
Low of bar is below high EMA50.
Close of bar is beyond high EMA50.
Close of bar is beyond LWMA200.
SHA is blue (can be delayed a couple of bars)
StopLoss. I used to place it at Low EMA50. But it get hit very often by spikes. So now I place it at the double distance and trail it in order to put it right when the price is rising.

Short entry - take a guess.

Exit from long when Close at the bar is below the SuperTrend.
Exit from short - yes you got it. Clever huh?

Note! Often when you enter a trade, say a short - You will be on the wrong side of the SuperTrend. So the bars need to pass the SuperTrend before the exit rule is working.

Next week I will come with some very usefull add ons to the strategy. How to find the nice trends before they happen. So you will be in from the start.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 7 KB
Click to Enlarge Name: screenshot.png Size: 9 KB
Click to Enlarge Name: screenshot.png Size: 33 KB
Attached File(s)
File Type: ex4 xSuperTrend.ex4   13 KB | 400 downloads
MetaTrader 4 - so many advantages.
  • #35
  • Apr 19, 2024 4:34am Apr 19, 2024 4:34am
Example.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
MetaTrader 4 - so many advantages.
  • #37
  • Apr 21, 2024 2:56am Apr 21, 2024 2:56am
Quoting amargam
Looks good your last strategy, I apply on M1 and M5, using as a filter to know momentum and change trend RSI 4 crossing 45-55 levels and trail SL with Supertrend and/or OB/OS of RSI. Thank you so much.
That sounds very perfect.

Keep watching for the next week. I will show some more details.
MetaTrader 4 - so many advantages.
  • #39
  • Apr 21, 2024 11:11am Apr 21, 2024 11:11am
Quoting Merka
{quote} Hi How do you filter sideways price action and the many false signals in that market condition? Often trend following strategies performance very badly during ranging markets. Thanks
I will talk about that during the coming week.
MetaTrader 4 - so many advantages.
  • #40
  • Edited 10:24pm Apr 21, 2024 9:56pm | Edited 10:24pm
So have now done the first round of searching instruments to trade this week. It gave 10 hits. I need to chose 6 of those. So there are more work to do.

AUDCAD
AUDUSD
CHFJPY
EURUSD
GBPCAD
GBPCHF
GBPNZD
GBPUSD
NZDUSD
USDJPY

Note that volatility is not a necessary parameter in my validation. I would say rather not. Soft trend is better than sudden peaks.

I will start trading now. And during the week I will be more specific about how I chose instruments to trade. It will take some posts over the coming days.
MetaTrader 4 - so many advantages.
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