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Price_Channel_v6-ea - page 5

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BrunoFX
1177
BrunoFX  
igorad:
Hi,

I think you can test PriceChannelExpert.

I have tried to satisfy all requirements concerning to this EA.

Tracert.mqh you can find here https://www.mql5.com/en/forum/173606

Igor

Hello Igor,

Thank you very much this ea. I noted that you had worked much on this ea. I will test it as of Monday in order to validate it .

Still thank you

Igor Durkin
5724
Igor Durkin  

Hi,

This library is intended for trace of trades at backtesting.

Switch 'Trace' on 'true' and after testing push on 'Open Chart'.

After that you can see all trades on the chart.

FX-Hedger:
Hi Igor, How do I use the Tracert.mqh ? I've placed it in the Include folder, But when I start Metatrader the Expert shows gray colour and does not attach to chart !!
FX-Hedger
419
FX-Hedger  

Sorry!

igorad:
Hi,

This library is intended for trace of trades at backtesting.

Switch 'Trace' on 'true' and after testing push on 'Open Chart'.

After that you can see all trades on the chart.

Sorry for the stupid Question! But wher do I go to Switch 'Trace' on 'true'?

Igor Durkin
5724
Igor Durkin  

In input data.

FX-Hedger
419
FX-Hedger  

I'm lost

igorad:
In input data.

Sorry I'm lost

dblais
18
dblais  

Clarifications on PriceChannelExpert_v4

Igorad,

Could you explain what is the concept behind your EA? It looks very promising!

What are the conditions for opening a trade? When I look at your code, it looks like there's two conditions(Because of "MainChannelPeriod" and "ChannelPeriod" parameters). Can you explain it in simple words?

Also, in the parameters for your expert, there are a couple of parameters that I can't figure out their function or how they operate.

1. Trade Volume & Trade Method
a. Trailing Stop

Trailing stop is self-explanatory. But when is it applied to the trade? How is it calculated? When is it raised?

b. Swing Trade

What is the meaning or the use of this parameter?

c. Pending Order

What is the meaning or the use of this parameter?

d. PendOrderGap

What is the meaning or the use of this parameter?

e. BreakEven

I assume that when the price goes in your favor up to that level, your Stop Loss is raised to your entry price (plus the spread). Right?

f. BreakEvenGap

What is the meaning or the use of this parameter, that must be related the the BreakEven level?
2. Price Channel Parameters
g. MainTimeFrame

I assume this must be the time frame of the chart that you are using that must be entered here. Right?

h. MainChannelPeriod

i. Channel Period

What is the difference between these two parameters?

I know that I'm asking a lot of questions at the same time, but I think that your answers will give us a better understandig of your EA, and a better chance for enlighted trading.

Thank in advance,

Daniel

coyan
90
coyan  

somebody could built an Expert A.?

I think that this is a very good system, and must be test in demo with a EA.

Coyan

coyan
90
coyan  

What happen? I think this is a good system.

Coyan

Sergey Golubev
Moderator
101620
Sergey Golubev  
coyan:
What happen? I think this is a good system. Coyan

It was built already. Check this thread from the beginning.

https://www.mql5.com/en/forum/173669/page3

BrunoFX
1177
BrunoFX  

Thx Newdigital

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