I think this is a very good system, if added to a system that uses confirmation signals from IKH, bollinger and Aroon's oscillator, it can be soooo powerful. Although it does mean trades are much less frequent.
Based on orid success i have updated the EA to allow the MA check to be turned off for those wanted to test on H1 with no MA. Everything else is the same, i think all bugs are ironed out but let me know if you see any spurious entries or BE now working etc. Regards Mike {file}
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I'm visual backtesting with your EA and I've changed the MACD3 values to 260,564,195 in the expert properties, but on the screen I see:" MACD(240,520,180)"
{quote} I'm visual backtesting with your EA and I've changed the MACD3 values to 260,564,195 in the expert properties, but on the screen I see:" MACD(240,520,180)" MACD1 and MACD2 work properly....
I've modified the indicator so now the signals only fire if there is a change in colour, which is how it should be! I also added push notifications as well. Regards Mike {file}
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i have put it on chart and i don't understand what dodger blue color indicate.
please advice!
i download the EA, but when i backtest it, it shows
" MTF MACD Trader v1(1) EURUSD,H4: Price Gap! Skipping trades!"
it doesn't trade at all, all blank.
what's the problem?
Thanks!
i download the EA, but when i backtest it, it shows " MTF MACD Trader v1(1) EURUSD,H4: Price Gap! Skipping trades!" it doesn't trade at all, all blank. what's the problem? Thanks!
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From the code
//check for sunday gap/price spike
if(High[1]<Open[0] or Low[1]>Open[0]) Print("Price Gap! Skipping trades!")
Also have you put the 3colorMACD indicator in the indicators directory? EA wont work without it!
Multi time frame Simple MACD system
