First may I express my gratitude to all of those who contributed to creating this EA. It is incredibly generous to offer it to FF members and I for one appreciate it.
I am running a test at present using UJ from 1 Oct 2009 and a couple of anomalies have shown up. The first is the old problem that the S/R does not refresh. Does this worry the EA - can it take trades without the indi showing on the screen? Alternatively can the EA make the indi refresh?
The second problem is the taking of trades where I would have thought that the rules would have indicated a trade was triggered. The attached pic shows 3 such opportunities which were not taken. Is there any explanation for this?
Kang Gun wrote a S/R indi which I adapted for either M30 or H1. There is also an S/R indi from the FF. All of these refresh and give similar results depending on the TF used and the period wanted for the S/R.
It would great if the EA gave the user the choice of which period to use for the S/R indi but the MTF certainly does not back test unless you follow it along and continually refresh manually. That is not a practical proposition!!
Hi XUX
You are very impressive! Thanks for your continued efforts.
If I set the chart to M30 will the S/R internal calculator use the same TF for the S/R period? I would like to show the S/R dots on the chart for interest even if the EA does not need them.
Hi XUX
You are very impressive! Thanks for your continued efforts.
If I set the chart to M30 will the S/R internal calculator use the same TF for the S/R period? I would like to show the S/R dots on the chart for interest even if the EA does not need them.
Ignored
i am trialing on 15m and it works with the 15 min time frame so would almost assume it will work on the time frame it is placed on to but dont hold me to it
Hi XUX
You are very impressive! Thanks for your continued efforts.
If I set the chart to M30 will the S/R internal calculator use the same TF for the S/R period? I would like to show the S/R dots on the chart for interest even if the EA does not need them.
Thank you for that - I thought that was how it would be.
There is one other thing I am having difficulty with - the setting for the 'SupportResistance' default is 200M30. What is the 200? Is this a measure of the number of pips by which price has to break through S/R?
Thank you for that - I thought that was how it would be.
There is one other thing I am having difficulty with - the setting for the 'SupportResistance' default is 200M30. What is the 200? Is this a measure of the number of pips by which price has to break through S/R?
OOPS! Sorry - I missed the application of the 3 digit number- the definition of SupportResistance doesn't tell that and I am pretty thick!!
I have been running the EA on M30 charts x 6 pairs and so far 3 winning trades - on demo. I am trying for 10 pips first TP and 20 pips second TP. I am still playing with other settings but so far so good. Very well done XUX.
OOPS! Sorry - I missed the application of the 3 digit number- the definition of SupportResistance doesn't tell that and I am pretty thick!!
I have been running the EA on M30 charts x 6 pairs and so far 3 winning trades - on demo. I am trying for 10 pips first TP and 20 pips second TP. I am still playing with other settings but so far so good. Very well done XUX.
Ignored
Hi scartree, can keep us update on this..i haven really tried yet.. thanks a lot...
