Trading Systems Based on Signal Indicators - page 43

Amirmohammad Zafarani
538
Amirmohammad Zafarani  

dear Sergey

is there any EA with the following condition:

1) Open in the close of candle of signal of braintrend2

2) close by trailing only on the stop line of braintrend2 stop line

for mt4

only this conditions and without any other condtion

thanks alot for your help

Muhammad Syamil Bin Abdullah
1313
Muhammad Syamil Bin Abdullah  
Amirmohammad Zafarani:

would you please explain more about your filtering ?

Hi,

If you are referring the SchaffTrixTrend Cycle indicator on the sub windows, lets look at today EUR/USD 30min chart.

We already have buy signal from brainwashing, and then recheck SchaffTrixTrendcycle for re-entry, see the blue bar.

chart 1 :



Chart 2 :




Not all the situation are the same like the above example. Some discretion must taken into consideration when taking the trade. Maksigen Move indicator can be use to determine market condition as well.

Muhammad Syamil Bin Abdullah
1313
Muhammad Syamil Bin Abdullah  

And the following chart continuing what happen next :


Chart 3 :


Amirmohammad Zafarani
538
Amirmohammad Zafarani  
Muhammad Syamil Bin Abdullah:

Hi,

If you are referring the SchaffTrixTrend Cycle indicator on the sub windows, lets look at today EUR/USD 30min chart.

We already have buy signal from brainwashing, and then recheck SchaffTrixTrendcycle for re-entry, see the blue bar.

chart 1 :



Chart 2 :




Not all the situation are the same like the above example. Some discretion must taken into consideration when taking the trade. Maksigen Move indicator can be use to determine market condition as well.

thank you so much, it was a great explaination
Birkimson Varzxorani
52
Birkimson Varzxorani  
Alain Verleyen:

Et voilà.

Here the first version of EA for trading this strategy. This is brand new EA because I want to learn and experiment with MQL5 (I come from MQL4), and is my first EA with this language.

Features :

  • Only for current symbol and timeframe
  • Stoploss based on ASCTrend signal
  • No takeprofit, exit based on trailing stop
  • Money management NOT YET IMPLEMENTED (only fixed volume)
  • Very basic error management   

This EA use Asctrend indicator as main signal and Nrtr indicator as filter.

Download it, copy it, compile it, attach it and test it :-)

hello, have a good day, i downloaded that, but seems there is a problem..



Sergey Golubev
Moderator
119432
Sergey Golubev  
Birkimson Varzxorani:

hello, have a good day, i downloaded that, but seems there is a problem..



Fixed version is on the post
The second version of this EA (fixed as well) : post

And you can check the summary (to find everything in easy way: ASCTREND SYSTEM summary (incl 2 EAs)

Brainwashing System / Asctrend System
Brainwashing System / Asctrend System
  • 2018.01.02
  • www.mql5.com
This is the thread about Brainwashing system. We will start with original version of this system and will improve it later...