EA required using Livelli indicator made 600 pips

Its an indicator combining fractals and the Zig Zag indicator

Any place i can read about the logic of how the signals are created

Looks like the Ea is functioning correctly
I set the overall profit to 1000 and overall stop loss to 1000
Looks like its working as it took profit on the pound/Yen this morning for 100 pips
Recovered all the losses from yesterday and in positive territory with the other pairs

Watching this with interest Raylin.
Are you now using the Ea from post 53?
Perhaps you could re-cap the latest rules? (You have mentioned an overall SL and TP of 100, but earlier in the thread you were considering exiting early if a couple of MA's crossed).
Are you sticking to the 15m TF, as per your original post?
Thanks.

Because I managed to get the EA working I have decided to go with the 15 minute charts
At first I thought a trailing stop on each individual entry would be the best way to go but since I have seen the EA in action
I have decided to trade the overall profit as 100 and stop loss of 100 ( This could change)
Today when the pound/yen took a buy trade with no sells in position I did put a manual trailing stop in position
The Euro /Yen looks like it might do same so with 3 buys open and no sells
My original method was for trades to be taken on the livelli lines and had no idea what would be the best way to
take profit
Ighr as given us multiple options with his Ea so it entirely up to you
I am able to monitor the AE though out the day so I can carry out manual interventions and even change the take profit
to a higher level if we have multiple buys and no sells
I have just messaged Ighr to see if he can incorporate a trailing stop on the overall profit in steps of say 500
So if the EA was in profit by 1000 then the stop would be 500 and if the profit was 2500 the stop loss would be 2000

why not share the EA souce code here. One enhancement could be to be able to only take longs or only shorts based on whatever you analysed to give you the edge

The beauty about this system you don't need to have an hedge You go were the market takes you
If you need to put a bias on the system you can always change that on the common tab within the EA
Ie long only short only or long and short
Closed my system down for the day trading 5 pairs on 0.1 lots starting bank 4852 now 5029

Good figures there Raylin.
Which pairs?
Demo only at this stage? (or does EA run on live account now?)

Demo at the moment pound /usd , euro /Usd, euro/yen, pound/yen and Usd /cad

Left EA on over night and closed all trades for overall profit of more the than 130 pips at 5:00 gmt
Restarted this morning at 6:00 gmt

hi lghr, the ea is doing a great job.. but can i know why sometimes it didn't place stop order? there is no error in the log..

This ea has been doing excellently on a demo, will post trades at weekend. In the meantime can you please make it work on live please?

my ea v1.2 which was working won't work at all now ..anyone any ideas?..I deleted everything and reinstalled from the mt4 platform upwards with no luck..

and done it all again with no luck..so frustrating when it was working

the plot thickens i have restored the original mt4 demo from a back up and its working fine but would really like to start off with a new demo account more akin to how i trade so i get a better perspective e.g spread bet with a 5 or10k bank

hi to all

i think the way of trading this indi should be vice versa...

i have tried it on renko charts and the results are better than as shown here..

i will begin

 

1. the red color dots will show and i mean clearly the resistance level , the blue dots will show the support lines ... as i use them with renko chart
2. so i sell under the red dots directly
3. i buy above the blue dots
4. i stop either i reach my take profit or i reach to opposite color

it is different approach to understand this indi

i made in most of the times wrong trades because i am human being ////......

i use my manual system to combine ( compound or decompound wrong trades )

i hope this will help some of the traders to make better pips

thank you

also i would like to say that, this is the first time i use indi plus the stoch as i do not like to use any indis

i like it... i need to practice the trades with it


the results are very good plus the very slow stoch


i will show some pictures on later stage

Monitored the trades this morning at one stage up 80 pounds and just before I left it was down 85 Pounds
I have been out for 6 hours and most of the pair have closed out in profit of approximately 120 pounds

That's 4.4% in three days, running on 5 pairs
Will keep it running demo this week and hopefully Ighr will allow live trading next week

Afternoon Raylin,
What does that equate to in pips please?
Are those figures based on just letting EA run with SL and TP of 100 on each pair?
What happens when SL or TP is hit? Does the EA start all over again from zero?
Thanks.