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Help with this profitable Indicator

  • #381
  • Edited 1:26pm Feb 29, 2016 1:07pm | Edited 1:26pm
So it looks like you can keep yourself from taking a crapload of bad trades by simply adding a simple 200MA to the chart. Check out the below chart. Due to the fact that we will ONLY be trading with the trend, I've decided to change the entry rule to TDI above/below 50. In other words, we wait for the TDI to cross back over the TDI signal and take the trade as long as the TDI is above 50 for a short or below 50 for a long trade. As you can see below, the original system would've failed four times and would've been profitable only twice:

Old Sytsem:
Winning trades
Nr. 1
Nr 8
Lossing trades:
Nr. 2
Nr. 4
Nr. 5
Nr. 6

The new system went 3 for 4:
Winning trades:
Nr. 1
Nr. 3
Nr. 8
Lossing trades:
Nr. 7

Attached Image (click to enlarge)
Click to Enlarge Name: 2902.PNG Size: 72 KB


Let me know what you guys think. this could be huuuuuge from smaller TF charts! The possible birth of a really nice scalping system! I amgoing to need some help with manual backtesting...
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #382
  • Feb 29, 2016 1:44pm Feb 29, 2016 1:44pm
Hi guys ,it's time to open a new thread.We have drifted too far away from what was originally suggested.

the new thread is here: http://www.forexfactory.com/showthread.php?t=580923

I'll be checking in here, but spending most of my time over there. Thanks again to all of you who have helped me!!!
When trading: "Empty your mind, be formless. Shapeless, like water."
  • #383
  • Feb 29, 2016 7:16pm Feb 29, 2016 7:16pm
Quoting MathTrader7
Here is Version 1.60 of the EA. {image} {file}
Hello MathTrader,

I test your EA with the same parameters and time frame, the same date and the results is not like yours, what I'm doing wrong?
Attached Image (click to enlarge)
Click to Enlarge Name: Captura.JPG Size: 131 KB
  • #384
  • Mar 2, 2016 2:15am Mar 2, 2016 2:15am
Quoting Shemski
So it looks like you can keep yourself from taking a crapload of bad trades by simply adding a simple 200MA to the chart. Check out the below chart. Due to the fact that we will ONLY be trading with the trend, I've decided to change the entry rule to TDI above/below 50. In other words, we wait for the TDI to cross back over the TDI signal and take the trade as long as the TDI is above 50 for a short or below 50 for a long trade. As you can see below, the original system would've failed four times and would've been profitable only twice: Old Sytsem:...

In all win trades green crossed yellow line (MBL) as well along with red either same time or before crossing red.
  • #385
  • Apr 12, 2016 8:41am Apr 12, 2016 8:41am
Good scalping method with HA.
  • #386
  • Sep 6, 2017 2:06pm Sep 6, 2017 2:06pm
Hi all,
I would like to use indicator attached here, but it's uneasy without an alarm when the arrows appear, so.....someone can help me by modifying the code?

thanks
Attached File(s)
File Type: ex4 Sniper Arrows Spot.ex4   9 KB | 532 downloads
File Type: mq4 Sniper Arrows Spot.mq4   6 KB | 677 downloads
  • #387
  • Last Post: Feb 16, 2020 8:27am Feb 16, 2020 8:27am
Quoting leanmore
Here is the EA with more options. NoStoploss - Select "true" if no stop loss is to be used, and "false" if stoploss is to be used. NoTakeProfit - Select "true" if no takeprofit is to be used, and "false" if take profit is to be used. CloseTradeOnOppositeSignal - Select "true" if its to close open trade when opposite signal appear. "false" if the open trade is not to be closed. Run on Every tick, because the entry is made on the first tick of the candle (using changes in time). For the purposes of backtesting the code seems ok as far as I have tested...
please add trade position 1
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