can anyone write an EA for this ????
considering post 1 & 17 both....
thanks,
considering post 1 & 17 both....
thanks,
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DislikedW-Salam,
( you mean just body of candle or from high to low ??)
Yes from High to Low.
( okay but 60-70pips for which pair? ).
There is no certain value Due to Volitilty But as i said if u Watch the price action that would be no prob.
( you mean high of first candle? ). ( you mean Low of first candle? ).
THE CANDLE THAT IS WE R TALKING ABOUT 50-60 PIPS RANG.Ignored
DislikedHi nasir
thank you for this simple system.
I have some querries which i need clarification.
1. Do you use stop orders in executing your trades? In this case you said that if the price tests the upper bar you go short,then does it mean that you put a stop sell on the lower bar?
2. Somebody asked about the win/loss ratio of this system i'll also be happy to know about it.
3. Which pair do you think do well with this system?
4. Lastly, i could kindly request you to show us more examples.
I will be glad for your response. Thank you.
Edward...Ignored
DislikedHello guys!
Here is the ea for this system. I also added time filter, and fibo exits, but it also works with fixed SL/TP (just set fiblSLTP= false). Expert supports also 5 and 4 digits brokers automaticly. There are no restrictions attached in ea - it will work at any account.Ignored
DislikedI tried your EA on backtester and it looks like it takes trades on "inside bar high/low" break not on "master bar high/low". I think that is wrong, it should trade when the price breaks master bar high/low.
Also, for how long do you consider master bar valid? Maybe add one more parameter "validity of master bar" in bars. I think it should not be valid more than 2 - 3 bars after master bar is created. I.e. if we have bar A - master bar, then we have inside bar B, count from there, bar C is 1, next bar is no. 2 etc.Ignored