Last EA Problem

Okay guys thanks for all the help thus far !...

I have almost complete my EA but one more problemo or feature that I think is a good idea to have in an EA

The Idea :

When In a specific trend in my EAs scalping mode ,
when you look at the tick chart data ,
you will see it will generally move in that trend direction
(Dont worry about giving the trend direction indication i have already done this.),
but to get the best entry possible you would wait for a counter trend tick or two to occur so this your order will be placed and you will have a little extra profit when it gets back into trend...Usually 2-5 pips Extra... Small but can get rid of damn spreads easily...It would be nice if this counter trend value can also be designed so that you can edit the amount of how much the counter ticks must be...


another note is that we will have to create the order to have a "pending" function so once the order is pending , it must wait for however many counter trend ticks and then insert the order...

any Idea how we can get this into code?

Hope you get the idea I'm trying as hard as I can to put it into words ha ha


Thanks a lot guys...

Will post the EA up soon soon for you to try if you wish , it is looking insanely promising so far as it has a vast range of features.

cheers!

hey xlr8er...... did you notice that your 13'th post was "Last EA Problem"...... reckon there is anything ominous there..... 10 to 1 it ain't the last......

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when ferrufx first put out his probability meter i wrote quite a few ea's based on it.... what worked best was to place a trade on every 60 minute bar when the value was above some figure.... can't remember the exact value, but it was considerably less than the 75 or greater he suggested as 'high probability'.....

so you might have a dozen or more of open trades.... i used a total pips target instead of the typical profit target.... drawdowns were stout at times......


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trades will be few and far between if you use 75 or greater like he suggested....

there will be times when the market is falling like a brick, the meter will register 70 or higher and saying LONG..... you are correct about the pending orders, though i eventually did away with them.... trailing pending orders can be in place but have no negative impact as the market moves against you..... once the market retraces, odds are now the meter will not read 75...... but your pending trailing orders will be in place......

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i still use that trailing strategy in ea's today.... the string of arrows is a single trailing sellstop in the picture below.... it trailed along just waiting on the market to fall into it's lap......

to accomplish that, place your stop or limit orders and use ordermodify to trail...... you can trail the price itself, a moving average, macd, stoch, just about anything......

and fwiw, you can write an ea that places the probability meter of all 20 pairs on the single chart.... and trade them all.....h