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need simple indicator for Daily green/red candle 2 replies

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Daily green/red candle

  • #801
  • May 26, 2015 10:24am May 26, 2015 10:24am
I'm an English man in New York (by: Sting)



Quoting raylin
{quote} ALL Means Every one of a class , Complete , Entire You must realise or should I say realize that only 95% of the United Kingdom can understand English and only 1% of English people can understand Greek LOL You must also know there are two ways of spelling REALISE the English way and REALIZE the American way. I am sure that a foreigner finds it difficult to understand the English language, I admire you for taking the time and effort to run the Green candle /Red candle thread Keep up the good work
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
  • #802
  • May 26, 2015 10:40am May 26, 2015 10:40am
today its a very very very very good day
  • #803
  • May 26, 2015 11:07am May 26, 2015 11:07am
Guys what pairs you trade, all 28?
  • #804
  • Edited 5:11pm May 26, 2015 4:39pm | Edited 5:11pm
AbhijetPandi

Your EA is very special for this strategy but has some minor issues that must to be fixed. It doesn't put "sell stop" orders and instead of put "sell stop" orders, it put only "sell market" orders, in the opening of the new candle, even if the price has not pass the low of the previous candle. There is not any problem with the "buy" or "buy stop" orders. I just inform you to have it in your mind for your next version. Thanks again.
  • #805
  • May 27, 2015 1:00am May 27, 2015 1:00am
goodmorning

today =easy day
there are 12 signals but i trade 4
  • #806
  • May 27, 2015 1:13am May 27, 2015 1:13am
have you trade AUDCAD like this?


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  • #807
  • May 27, 2015 2:35am May 27, 2015 2:35am
Dimdel you are rocking man...

2 days and 14 Win 8 loss.... Excellent strategy if this continues....

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  • #808
  • May 27, 2015 2:46am May 27, 2015 2:46am
Quoting Panos
AbhijetPandi Your EA is very special for this strategy but has some minor issues that must to be fixed. It doesn't put "sell stop" orders and instead of put "sell stop" orders, it put only "sell market" orders, in the opening of the new candle, even if the price has not pass the low of the previous candle. There is not any problem with the "buy" or "buy stop" orders. I just inform you to have it in your mind for your next version. Thanks again.
Conditions are like this:
1. if previous low is not yet reached by current price then Sell Stop
2. If previous low is crossed by current price then direct sell

Same goes for Buy. Can you please explain me with chart so that I can think of adding Sell Limit if required.

Lets find out
  • #809
  • May 27, 2015 3:37am May 27, 2015 3:37am
Quoting AbhijetPandi
{quote} Conditions are like this: 1. if previous low is not yet reached by current price then Sell Stop 2. If previous low is crossed by current price then direct sell Same goes for Buy. Can you please explain me with chart so that I can think of adding Sell Limit if required. Lets find out
As i mentioned in another post your EA show wrong results, i use it in 2 platforms in different brokers with the same time but the results are different. The strategy is the previous closed is different then 2 bars before(closed price)
Please check it
  • #810
  • May 27, 2015 4:13am May 27, 2015 4:13am
Quoting Giannigr
{quote} As i mentioned in another post your EA show wrong results, i use it in 2 platforms in different brokers with the same time but the results are different. The strategy is the previous closed is different then 2 bars before(closed price) Please check it
Ok...you are right...currently it is checking only previous 1 candle...

Dimdel...should this be 2 candle and 3rd should be opposite? I will update accordingly.
  • #811
  • May 27, 2015 4:50am May 27, 2015 4:50am
Quoting AbhijetPandi
{quote} Ok...you are right...currently it is checking only previous 1 candle... Dimdel...should this be 2 candle and 3rd should be opposite? I will update accordingly.
I have another problem with EA. it opens during day position on the same pair several times. I started this EA at 10AM yesterday. After some time it opens GBPJPY position and close it with small profit. After hour opens GBPJPY again. I don't know why. It's not original strategy, is it?
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  • #812
  • May 27, 2015 4:58am May 27, 2015 4:58am
Quoting AbhijetPandi
{quote} Ok...you are right...currently it is checking only previous 1 candle... Dimdel...should this be 2 candle and 3rd should be opposite? I will update accordingly.
The previous candle should be the reverse candle compared to the third candle
This is the logic from the strategy
  • #813
  • Edited 5:18am May 27, 2015 5:06am | Edited 5:18am
Quoting AbhijetPandi
{quote} Conditions are like this: 1. if previous low is not yet reached by current price then Sell Stop 2. If previous low is crossed by current price then direct sell Same goes for Buy. Can you please explain me with chart so that I can think of adding Sell Limit if required. Lets find out
Thank you for your reply. I will try to explain it with chart...
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Also check, there is not even one "sell stop" in the orders. Only "buy", "buy stop", and "sell".
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  • #814
  • May 27, 2015 5:25am May 27, 2015 5:25am
sorry I do not understand what are you saying

is very simple
if from the 1st post we cant understand the way , then the method have problem Explanation or the explanation is very confused

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  • #815
  • May 27, 2015 5:33am May 27, 2015 5:33am
Quoting dimdel
sorry I do not understand what are you saying is very simple if from the 1st post we cant understand the way , then the method have problem Explanation or the explanation is very confused {image}
Hello Dimdel, have you been testing NEW WAY? Direct orders without H/L&pending orders? Because I think pending orders are very important in this system. Especially during range market.
  • #816
  • May 27, 2015 5:45am May 27, 2015 5:45am
Hello dimdel and to all,

dimdel in your post#806 say BE, I have always in my mind to ask what is Break Even (BE) and how does it work if any one can explain I will be grateful

Many time heard people say (break even expert advisor), (Break_Even_After_X_Pips), (Moving Stop to B/E (Break Even)), (Move that stop to B/E) and many more what is BE?

Thanks And Regards
Moti
  • #817
  • May 27, 2015 6:05am May 27, 2015 6:05am
Quoting Motiram
Hello dimdel and to all, dimdel in your post#806 say BE, I have always in my mind to ask what is Break Even (BE) and how does it work if any one can explain I will be grateful Many time heard people say (break even expert advisor), (Break_Even_After_X_Pips), (Moving Stop to B/E (Break Even)), (Move that stop to B/E) and many more what is BE? Thanks And Regards Moti

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  • #818
  • May 27, 2015 6:09am May 27, 2015 6:09am
Quoting Motiram
Hello dimdel and to all, dimdel in your post#806 say BE, I have always in my mind to ask what is Break Even (BE) and how does it work if any one can explain I will be grateful Many time heard people say (break even expert advisor), (Break_Even_After_X_Pips), (Moving Stop to B/E (Break Even)), (Move that stop to B/E) and many more what is BE? Thanks And Regards Moti
BE isn't nothing more than move your Stop loss from the initial position to position where your position is locked in profit. Off course you have to be already in profit. It means, if you are in profit, no matter how much, it's upon to you, move SL to profit place. Standard is + 1-2pips from your entry price.
  • #819
  • May 27, 2015 7:24am May 27, 2015 7:24am
Quoting Panos
{quote} Thank you for your reply. I will try to explain it with chart...{image} Also check, there is not even one "sell stop" in the orders. Only "buy", "buy stop", and "sell".{image}
You are right...corrected this error. Silly mistake on my side...was checking previous low > current sell price...

instead it should be previous low < current sell price then place SellStop....

please find updated code...
Attached File(s)
File Type: ex4 DimDel_Daily_Candle.ex4   34 KB | 540 downloads
File Type: mq4 DimDel_Daily_Candle.mq4   21 KB | 723 downloads
  • #820
  • May 27, 2015 7:35am May 27, 2015 7:35am
Quoting AbhijetPandi
{quote} You are right...corrected this error. Silly mistake on my side...was checking previous low > current sell price... instead it should be previous low < current sell price then place SellStop.... please find updated code... {file} {file}

Thank you very much !!!
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