Hi All,
I will post mq4 scripts and I will share my thoughts in here.
I tried EskeA trading system. My main problem was missing events.
The idea of EskeA is to enter when after the price went against the trend and when it starts to continue the trend.
There is a lot of indicators to look at to make sure good entry.
That is why I made this indicator check_conditions.mq4 hoping it would help.
Namely, adxr, adx and di+ and di-. It uses another way of calculating adxr, adx, di+ and di- than done by EskeA templete. So it may give somewhat different entry points..
Currently, it seems to give too many events.
Three rules are checked:
-normal adxr >= 20 and (di+ should over 20 or di- should over 20) and adx should be between di+ and di-
-advanced: adxr >= 20 and adx > di- and adx > di+ and adx > adxr
-both ma 24 and ma 72 below or above the current price (parameter check_mas)
It can report if the price is in proximity of 200 ma. (parameter check_ma_200_proximity within 5%)
It can check the pairs given if they satisfy some of the conditions to enter the market as specified by EskeA.
Introduced minimum_time_between_alerts_in_sec to preserve my sanity.
I am going to update attached scripts in this post. So look at version number.
check_conditions (version 1.0.3)
I will post mq4 scripts and I will share my thoughts in here.
I tried EskeA trading system. My main problem was missing events.
The idea of EskeA is to enter when after the price went against the trend and when it starts to continue the trend.
There is a lot of indicators to look at to make sure good entry.
That is why I made this indicator check_conditions.mq4 hoping it would help.
Namely, adxr, adx and di+ and di-. It uses another way of calculating adxr, adx, di+ and di- than done by EskeA templete. So it may give somewhat different entry points..
Currently, it seems to give too many events.
Three rules are checked:
-normal adxr >= 20 and (di+ should over 20 or di- should over 20) and adx should be between di+ and di-
-advanced: adxr >= 20 and adx > di- and adx > di+ and adx > adxr
-both ma 24 and ma 72 below or above the current price (parameter check_mas)
It can report if the price is in proximity of 200 ma. (parameter check_ma_200_proximity within 5%)
It can check the pairs given if they satisfy some of the conditions to enter the market as specified by EskeA.
Introduced minimum_time_between_alerts_in_sec to preserve my sanity.
I am going to update attached scripts in this post. So look at version number.
check_conditions (version 1.0.3)
Attached File(s)
... Are you planning to commercialise this???...
