Bar Sequence Patterns

The idea is like that . In binary options starts with a bet one euro, if you lose then the next bet is 2.5 euro , if you lose again the next bet is 5.5 euro , if you lose again the next is 12.5 and the next is 28 , etc .
So even if you lose for a few times, at the end you will be a winner.
Your system gives max 3 lossers in a row and that is acceptable for such a strategy .
Try a broker with > 80% return in one min trade .
Thanks for the idea

Hi Khalil,

I have only just found your threads and love the work you are doing with your EAs. You are clearly a very clever guy, thanks so much for all your hard work.

I have spent countless hours over the weekend and the start of this week running backtests with some very encouraging results.

I have been studying forex for 10 years now and I trade fulltime for a living. I only trade a couple of hours around the London open so have plenty of time to test out your EAs and I'm convinced with a few additional filters we could get a few of them consistently profitable.

I trade the London breakout to capture the move of the day using pure candlestick analysis using price action. Your Bar Sequence EA is particularly interesting to me because candlesticks fascinate me,I love them.

If it is possible for you to add a few additional filters that would be great. I have played with the universal MA EA in the past and got some reasonable results by implementing some of the filters it has. I realise it has some coding errors but the the reason for adding it here is to show you some of the filters it has.

I like the RSI filter, the option of third MA , a trailing stop, in fact all the filters seem very useful. Other filters I felt might be useful would be the ability to trade only above or below a chosen moving average.

Perhaps a confirmed M and W would make a difference where we only get a buy signal when the close of the W is above the high of the higher M candle.

Sorry for the long list, it's just food for thought moving forward.

Thank you HighFive,

I will have a look and come back to you.

I forgot to mention that the settings shown are gmt +2, I set it to trade for one hour from 8am to 9am UK time

Sorry, in the first chart, should be written "PIN = min - n and close>min"


Hi abokwaik,

i have been thinking .... if it could be possible to code this sequence:

Due to my english is a little bad, a couple of screenshots are worth a thousand words:





Thanks a lot

@abokwaik

is it possible to add a martin gale feature into the ea or share the mq4 version ?

Hi morne72,

Bar Sequence Indicator/EA is not a trading system, it is just a tool to test specific bar sequences, that can be later used in full trading systems. This is why I have it under "Trading Discussion" Forums.

hi Abokwaik,

i see you're doing tremendous work and putting insiduous amounts of effort into helping hundreds of people to turn their strategies into automated trading systems (EAs)

my area of interest is your Bar Sequence Pattern EA

however, is it possible for you to kindly turn this wonderful EA into an indicator with alerts, such that i may use it to detect my unique trading pattern, which is simply to find

Bull-Candle followed by another Bull-Candle, then
Bear-Candle followed by another Bear-Candle

so yes basically I am looking for just a simple pattern on the chart where

Two Green Bars are followed by Two Red Bars and vice versa is also equally true = Two Red Bars followed by Two Green Bars, but I need this as an Indicator, NOT an EA. i see that your Bar Sequence Pattern EA can fully handle this sort of thing, but my problem with it is that it is an EA, Not an indicator

hopefully with the Alert functionality and a rectangle or line or anything / something that visually highlights this simple pattern of
Two Green Bars followed by Two Red Bars or Two Red Bars followed by Two Green Bars

your assistance in this regard would be HIGHLY-HIGHLY appreciated ! thank you in advance and keep doing your great work

regards
Kcee

Hi, i am trying to open use Sandwich bar sequence to build a strategy with the EA but its not working... Please can you help me configure.

Please check the Sandwiched Bar indicator on Indicators Lab thread.

thanks for the reply but i need an EA on it. Possible?