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Trend Finder 4hr

  • #101
  • Jan 10, 2009 2:05pm Jan 10, 2009 2:05pm
Hello,
I am using Meta trader 4 platform. Can anyone tell me how to download Trend finder 4hr.tpl on to the platform and show it on the chart? Thank you in advance.

Moni
  • #102
  • Jan 10, 2009 3:24pm Jan 10, 2009 3:24pm
Whats the magic number??? I see it in the EA settings but i dont know what you guys mean by that
  • #103
  • Jan 12, 2009 12:27am Jan 12, 2009 12:27am
Hi bull 101,
Please tell me how to download your Trend Finder 4 Hr.tpl to the Metatrader 4 platform. Thank you.
  • #104
  • Jan 12, 2009 7:34am Jan 12, 2009 7:34am
Quoting moni
Hello,
I am using Meta trader 4 platform. Can anyone tell me how to download Trend finder 4hr.tpl on to the platform and show it on the chart? Thank you in advance.

Moni
Copy trend h4 and paste it to Crogram FilesInstaTradertemplates

indicator Crogram FilesInstaTraderexpertsindicators
{Promotion Removed}
  • #105
  • Edited 3:40pm Jan 13, 2009 3:31pm | Edited 3:40pm
Hi,bull101,
please tell me how to download your Trend Finder 4 Hr.tpl to the FXDD Metatrader 4 platform. Thank you.
  • #106
  • Jan 13, 2009 4:39pm Jan 13, 2009 4:39pm
I think t King has left the building..

Sonic
  • #107
  • Jan 14, 2009 11:31am Jan 14, 2009 11:31am
Thanks for your 'efforts'!
FxTender
  • #108
  • Feb 11, 2009 8:54am Feb 11, 2009 8:54am
Anybody trading this method live ?
  • #109
  • Feb 27, 2010 1:27am Feb 27, 2010 1:27am
1. Hi Bull 101, I have been following both your threads 4H and D1 trading systems with some interest. The time frames suits my work schedule. But I do have some questions:

a. On Hrly System, must we strictly enter trade at start of the trading day as advocated or could we enter trade on a or any particular candlestick daily eg. start of London/NY trading day. This is basically a time zone problem.

b. On the 4hrly System, trading entry is premised on OA, Stoch and ADX (+15) being aligned. (1) Is the candlestick colour also an entry condition? (2) In your experience do you trade with and against the trend or only with the trend.

c. Next, I am always on the lookout for reliable and simple trend indicator(s) any suggestions.

d. Lastly, I find using BrainTrend2StopLine (attached) a reliable indicator to manage stop loss level.

2. Regards and Thank You once again for sharing your system.


Samabey
Attached File(s)
File Type: mq4 BrainTrend2StopLine.mq4   5 KB | 776 downloads
  • #110
  • Feb 27, 2010 4:41pm Feb 27, 2010 4:41pm
Quoting Ronald Raygun
Attached is an EA with the entry and exit rules programmed in.


Hi Ronald

Thanks for the EA

Will this work on 5 digit ECN broker?

Thanks

Spy
  • #111
  • Feb 28, 2010 7:03am Feb 28, 2010 7:03am
Why has this thread stopped here? wheres everyone? are they too busy making money with EA? lol
  • #112
  • Feb 28, 2010 11:08am Feb 28, 2010 11:08am
Quoting spymez
Hi Ronald

Thanks for the EA

Will this work on 5 digit ECN broker?

Thanks

Spy
Adjust TP/SL/etc. accordingly
  • #113
  • Mar 1, 2010 12:36pm Mar 1, 2010 12:36pm
Quoting Ronald Raygun
Adjust TP/SL/etc. accordingly
Hi Ronald

I have set the EA as per your instructions for 5 digits however the EA does not seem to place a trade.

See chart for eurusd h4. The 3rd last bar meets the criteria for entry, correct?

As I understand it, an ECN broker only accepts Limit Orders for the SL, TP delayed after initial order is placed. This doesn't seem to be the issue though as I checked the journal and experts tab and there are no errors apparent.

The EA just didn't place the trade.

Also, EachTickMode = false is what I am using.

Your assistance is appreciated.

Regards

Spy
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.jpg Size: 151 KB
  • #114
  • Mar 1, 2010 1:08pm Mar 1, 2010 1:08pm
ECN broker?

I doubt this is there, but is there a setting for ECN Brokers in the EA?

ECN brokers require EAs to place a trade first and then modify the trade with the SL/TP. If an EA tries to do both simultaneously, the trade is rejected with no error message.
  • #115
  • Mar 1, 2010 4:09pm Mar 1, 2010 4:09pm
Quoting Ronald Raygun
ECN broker?

I doubt this is there, but is there a setting for ECN Brokers in the EA?

ECN brokers require EAs to place a trade first and then modify the trade with the SL/TP. If an EA tries to do both simultaneously, the trade is rejected with no error message.
Hi Ron

Thanks for getting back to me.

There is no function in your EA for ECN brokers. I think this is why it is not working for me.

If it is not too much hassle, could you code this into the EA?

Much appreciated.

Regards

Spy
  • #116
  • Mar 7, 2010 6:27pm Mar 7, 2010 6:27pm
Quoting Ronald Raygun
Attached is an EA with the entry and exit rules programmed in.
Hi Guys....

When I was trading this EA on demo, it would open a trade when all the indicators confirmed.

As I understand it, the author states that entry is only when there is a change between confirmed indicators.

Example. The last ten bars / indicators have all been red. On the last bar they all close green. This is the entry. Now, if the next bar all confirm green as well, this is NOT a valid signal as the prior bar was already green. We are entering on the change bar only.

My thinking is that entering at the change bar (the commencement of the trend change) is the most effective strategy in terms of risk/reward.

I am certain the Ronald Raygun EA is entering on all confirmed indicators and not the change bar.

Ron, if you have time, could you modify your code to only enter on the "change bar" and not every bar with valid signals?

Regards

Spy
  • #117
  • Apr 8, 2010 8:55pm Apr 8, 2010 8:55pm
hello
could someone please explain me shortly how to instal an EA. i have tried a few times,but i think i"m not installing properly,or in the right place,because it doesn' seem to take any trade, no matter for how long.

thanks a lot
  • #118
  • Apr 9, 2010 3:38am Apr 9, 2010 3:38am
Quoting Bull101
I trade this system on all available pairs. However, I am working on making custom stop losses and a custom take profit for the first trade for different pairs.

Example: GBP/USD will usually reach the break even point a lot easier than AUD/USD.

It will take some time to get the best values worked out, however the static -100, +50, +100 values have worked very well for me.
Bull,
Thanks for sharing your system.
  • #119
  • Apr 10, 2010 7:11am Apr 10, 2010 7:11am
This system is very close to what I use, and I may assure everyone that sth like this really works. Of course, every trader has to adjust any system according to own trading style and trade management. But that is a private matter that everyone has to figure out in the process of demo or real trading.

What I would like to point out here is that entering during a candle instead of at the open of a new candle violates a very important principle of trading higher timeframes.
A higher TF system should be of very low maintenance and should need very little time behind the screen. If you are intending to enter as soon as all indicator colours match then you have to spend all days and nights behind your computer. It is the most painful way of living for a trader.

When I trade from 4-hour TF then it means that I check my charts once per 4 hours. When I trade daily charts then I check them once per day. And every trading decision takes no more than few minutes.
This can be done only if any entry is at the open of a new candle.

And, of course, I do not use any EAs for entries. Like I am not trying to use electricity or explosives to catch fish
  • #120
  • Apr 14, 2010 2:46am Apr 14, 2010 2:46am
hello

i saw that the system repaints quite often. for that,i'd like to say something,and someone could try to tell me if i'm wrong or right.

if the value of 15 for ADX would be bigger, wouldn't it filter a lot better the enter positions, to avoid losing by sistem's repaint?!

my other "idea" is actually a question. in the first post, bull said that when you open the positions, no matter what, until reaching 50 pips,you ignore any exit signal. in this "exit signal" is included the complet color
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