DislikedI'm attaching a screenshot that hopefully illustrates clearly how to trail a trade with OBV: {image}Ignored
Trade well!
The mind thinks, the heart knows...
Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies
Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies
The Ultimate truth by gg53 4 replies
Metatrader "killing" 3rd party developers? 6 replies
It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies
DislikedI'm attaching a screenshot that hopefully illustrates clearly how to trail a trade with OBV: {image}Ignored
Disliked{quote} Sarythsaya, ...and where have you been all this time? ;-} We missed you! G.Ignored
DislikedGG53, i love your courage, you voice power over trade given hope to the hopeless (newbies) with your amazing creation, your one of the eyes we see with. plz keep the good work moving. cheers.Ignored
Disliked{quote} Sorry to be absent so long gg - i have been preoccupied with my new child. I have kept a keen eye on your great work when i could - and it appears to be going from strength to strength. Great work mate!!Ignored
You have several choices with the settings. One of which is a news filter. If left on it will not take a trade 30 minutes prior to the news and will close trades 30 minutes prior as well. You can also have this close trades if still open after a certain period of time if not yet in profit. There are also several choices for how to set your TP and SL. So far I have found trailing = true, trigger pips = 20, step pips = 10 to be the best settings.
Back testing this EA is painfully slow and as such incomplete. The set file I have included is one setting that appears to be profitable for the EURUSD but may or may not be the best for other pairs or even the best for this pair. With all the great minds on this thread I am hoping more will test different options to help find the best settings.
The attached indicators must be in your indicators folder for this to work.
DislikedI have found trailing = true, trigger pips = 20, step pips = 10 to be the best settings.Ignored
DislikedSorry I have not posted as much recently. I have been very busy, but also have been working with Chris to get an EA out for everyone to play with and provide some feedback. This is NOT ready for live trading. Special thanks go to GG53 for sharing his ideas and CHJungen for coding the EA without going crazy with the numerous requests I asked for. This is NOT suitable for live trading yet and there may well still be bugs. However you can see from the last week (even with a few bugs which have since been fixed) it shows a lot of promise. There are...Ignored
Disliked{quote} Some traders seem to think that they're trading against the banks, and other large traders, instead of each other. A nice thought but not very likely. You are probably almost always trading against other retail traders. And at 8-10% of the volume, you aren't going to hurt the big guys! Does it matter who you are trading against? Or who is running your stops???? Why would it? It's more important to find out how to keep them from being hit! All we need to know is how price moves, on average, not why it moves or who is moving it! Even...Ignored