DislikedHi LFN I agree. I would vote for Xaphods super trend, which he suggests is better than ASC Trend: http://www.forexfactory.com/showthread.php?t=329399 Or the genesis matrix (which is a combination of TVI, CCI, T3 & Gann high / low) Both indicators work on any TF. ExcessFXIgnored
Hello,
I agree with the FLN from post 121:
"The problem with a strict trend indicator is that it is always showing trend, up or down. We need to find thoose nontrending periods when market is ranging and to keep us out of thoose periods "No direction-No trend-No trade" "
Before I deal with 00 systems, work with another system similar to that. There used two indicators that determine the trend. I would ask them to test and say what you believe to be involved then in ЕА.
Principles are simple:
The first indicator is RSI with 10 SMA.
The rules for the BUY: RSI> 55, RSI> 10 SMA;
The rules for the SELL: RSI<45, RSI<10 SMA;
Anything between 45 and 55 - the neutral zone, transactions do not entered.
The second indicator is HAMASYSTEM:
The system is based on two EMA: 20EMA - Blue set on the high, Red-on the low.
Rules for еntry:
1. Candle closed above the Blue line 20EMA.
2. Candle closed below the Red line 20EMA.
When you combine all signals, things start to work.
Please first test, then we want xux99 to include them in EA...
I agree with the FLN from post 121:
"The problem with a strict trend indicator is that it is always showing trend, up or down. We need to find thoose nontrending periods when market is ranging and to keep us out of thoose periods "No direction-No trend-No trade" "
Before I deal with 00 systems, work with another system similar to that. There used two indicators that determine the trend. I would ask them to test and say what you believe to be involved then in ЕА.
Principles are simple:
The first indicator is RSI with 10 SMA.
The rules for the BUY: RSI> 55, RSI> 10 SMA;
The rules for the SELL: RSI<45, RSI<10 SMA;
Anything between 45 and 55 - the neutral zone, transactions do not entered.
The second indicator is HAMASYSTEM:
The system is based on two EMA: 20EMA - Blue set on the high, Red-on the low.
Rules for еntry:
1. Candle closed above the Blue line 20EMA.
2. Candle closed below the Red line 20EMA.
When you combine all signals, things start to work.
Please first test, then we want xux99 to include them in EA...
Anyone else had this trade today?
The order lasted 2 seconds, gain +26.8 pips
I have the defaut settings for SL/TP/Trailing.
http://i57.tinypic.com/9gezxg.jpg
The order lasted 2 seconds, gain +26.8 pips
I have the defaut settings for SL/TP/Trailing.
http://i57.tinypic.com/9gezxg.jpg
Anyone else had this trade today? The order lasted 2 seconds, gain +26.8 pips
Hello xux99,
Soon no one has written about the improvement of EA.
I want to say that the last change "MaxDailyLosses" of pips in the money is logically wrong...
In the original 00 level strategy, profit and loss related to money management - 1 % of profit and 2% loss. When changed the losses in money, you changed the logic of money management to trade more than two pairs and the amount of account...
Please in the next version to restore the old settings "MaxDailyLosses"!!!
The absence of any suggestions to improve the entrances trading, I'll start published the screens deals and to explain where the errors for entries...
Rules for entry to the first indicator RSI_MA.mq4:
1. Еntry to buy - RSI > 10 MA, RSI > 55 level;
2. Entry for sale - RSI < 10 MA; RSI < 45 level.
Rules for entry to the second indicator hamasystemMOD.mq4:
1. Еntry to buy - Candle closed above the Blue line 20EMA (set on the PRICE_HIGH) and bars are colored in blue ;
2. Entry for sale - Candle closed below the Red line 20EMA (set on the PRICE_LOW) and bars are colored in red.
Аnd the first screens that published:
XUX99 if you have time and desire, to make a strategy workable ...
Soon no one has written about the improvement of EA.
I want to say that the last change "MaxDailyLosses" of pips in the money is logically wrong...
In the original 00 level strategy, profit and loss related to money management - 1 % of profit and 2% loss. When changed the losses in money, you changed the logic of money management to trade more than two pairs and the amount of account...
Please in the next version to restore the old settings "MaxDailyLosses"!!!
The absence of any suggestions to improve the entrances trading, I'll start published the screens deals and to explain where the errors for entries...
Rules for entry to the first indicator RSI_MA.mq4:
1. Еntry to buy - RSI > 10 MA, RSI > 55 level;
2. Entry for sale - RSI < 10 MA; RSI < 45 level.
Rules for entry to the second indicator hamasystemMOD.mq4:
1. Еntry to buy - Candle closed above the Blue line 20EMA (set on the PRICE_HIGH) and bars are colored in blue ;
2. Entry for sale - Candle closed below the Red line 20EMA (set on the PRICE_LOW) and bars are colored in red.
Аnd the first screens that published:
XUX99 if you have time and desire, to make a strategy workable ...