Trading system using relative strength

Quoting Ronald Raygun

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Note you have Current + 0 and Current + 1, I have Current + 1 and Current + 2, that may be why. I've updated the EA.



As long as a signal is valid for a tick, the EA should be trying to place an order. So, that should already be there unless TradeContextError stops the EA.

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Quoting FerruFx

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It isn't good to treat the 'trade context busy' like this. This error is because more than 2 orders are trying to be filled at the same time. A loop may be solve this but may put the platform busy again and again.

There's some functions in MT4 to check if the context is busy. Then the EA won't send the request for that time.

Example: if(!IsTradeContextBusy() && IsTradeAllowed()) { BUY/SELL }

FerruFx

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Quoting WedWed

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i have an idea i hop its work..

and any one tell me if its acceptable or no..

Because entery for this system is Realtive Strenth ..

we can take profit and close the deal with same reason Realtive Strenth .

How??

when u are in profit eare

just cualculate the Realtive Strenth between current 4H (bar) and previous 4H (bar)

and see if the result show you that your still in the right direction countinue trading and dont stop.. otherwise stop and take profit..

same thing in StopLoss

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Quoting WedWed

Disliked

i have an idea i hop its work..

and any one tell me if its acceptable or no..

Because entery for this system is Realtive Strenth ..

we can take profit and close the deal with same reason Realtive Strenth .

How??

when u are in profit eare

just cualculate the Realtive Strenth between current 4H (bar) and previous 4H (bar)

and see if the result show you that your still in the right direction countinue trading and dont stop.. otherwise stop and take profit..

same thing in StopLoss

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Quoting Wahnone

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I think this system would work well in any market if we do not go for too many pips. The reason why we are all getting big pips these days is because of the current market situation but I still believe this system will work if you don't go for too large pip gains. According to the little I have seen, I think you may have occasional large drawdonws but these will be covered by the profits made. My largest drawdown so far has been $2535 on the standard account according to my own approach. But if you average $2000 daily, then I don't think a drawdown of $2500 which occurs maybe once in every 15-20 trades is too much. Another part is that the fact that you have that large drawdown doesn't mean the trade won't close out for a profit. I am expressing my values in money because I find it difficult to find the pip value. Thou shall not be greedy...
Wahnone

PS: All values are based on a standard account.

Ignored

Quoting WedWed

Disliked

i have an idea i hop its work..

and any one tell me if its acceptable or no..

Because entery for this system is Realtive Strenth ..

we can take profit and close the deal with same reason Realtive Strenth .

How??

when u are in profit eare

just cualculate the Realtive Strenth between current 4H (bar) and previous 4H (bar)

and see if the result show you that your still in the right direction countinue trading and dont stop.. otherwise stop and take profit..

same thing in StopLoss

Ignored

double CAD = iCustom(NULL, 0, "CCFp", MA_Method, Price, Fast, Slow, True, True, True, True, True, True, True, True, Black, Black, Black, Black, Black, Black, Black, Black, 2, 0, 0, 6, Current + 1);
double CAD1 = iCustom(NULL, 0, "CCFp", MA_Method, Price, Fast, Slow, True, True, True, True, True, True, True, True, Black, Black, Black, Black, Black, Black, Black, Black, 2, 0, 0, 6, Current + 2);

 
   bool CheckJpyBuy()
   {
 
      double jpy   = iCustom(NULL,0,"ccfp",4,1);  
      double jpy2  = iCustom(NULL,0,"ccfp",4,2);
 
      if(jpy > jpy2)
 
      return(true);
 
    }

Quoting FOURX

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could anyone advise me ,as i cannot load the indicator onto a chart? (it is in my indicators,but i cant load it)


PLEASE!

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Quoting SteveHopwood

Disliked

Try closing, rebooting the computer and restarting your platform. If this doesn't work, try deleting the indi from the folder, re-downloading then rebooting etc.

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Quoting Ronald Raygun

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Are you using a broker that puts suffixes in their symbols?

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