Very simple trading system of two indicators with alert (see download area).
I tried to trade manually using this system but seems it is difficult. Necessary to add some filter and program EA. So, this system is for discussion and future possible improvement.
Percent Bollinger Bands indicator.
Full description please see in Forex Magazine, No. 72, page 51
[request]Yet another Pattern Indicator
Don't know if this thread belong here. Mod, please move it if this is a wrong place.
Anyway, found this site to list great candlebar pattern based on reliability http://www.candlestickchart.com/glossary.html .
So, while there are already a number of indicators for recognizing pattern, I wonder if some MQL expert here would like to build another indicator for High Reliability candlebar pattern.
No, it is the right place till now.
Thanks for the website.
Some people tried to create the EAs. But not especially to use pattern. They did not have any choice and had to use it as life-buoy (for zigzag system for example). I may say that it is not easy to program.
So we will keep this request for some period of time.
GMMA and Aroon Horn
I've been playing with the GMMA indicators in the downloads section and thought they were really promising. So I read some of the documentation from http://www.guppytraders.com/home.html and elsewhere. But there were two many questionable entries, so I combined it with the Aroon Horn and it's starting to look pretty good.
Take a look at the picture...The idea I've been working with is to wait for the long GMMA, the blue lines, to fan out. That indicates an established trend. Then wait for a consolidation where the short GMAA, the green lines, bounce off the long GMMA. That signal is confirmed by a cross of Aroon Horn to filter out poor trades.
What you want to avoid trading is when the long GMMA lines have consolidated. That indicates a flat market or a potential reversal.
I'm not sure this can be coded into an EA. There's still a lot of discretion involved. How spread out should the long GMMA be, how close should the short GMMA have to get, what if Aroon crossed before or after and how many bars is the limit...etc...
ATR Trailing Stop
Can someone please help convert the attached code into an EA. Don't want it to place trades only modify trailing stops based on an ATR Trailing Stop. It's not complicated at all, variables need to be defined etc... I manually trade and would like to attach this ATR Trailing Stop to the charts.
Thanks in advance,
Jorge C. Barbosa
How to determine slope of an Indicator
I am trying to determine the slope of an indicator, whether it is up and has been up or down for the last 4-5 bars (or more). Depending on the slope I would send an alert. Considering I am just developing my skills on that matter, I am looking for some code snippets that may help me get further quicker.
Basically what I am trying to do is the following:
A- Sound Speech Alert for Up Slope if Ind(0) > Ind[-1] > Ind[-2] > Ind[-3] > Ind[-4] ...
B- Sound Speech Alert for Dn Slope if Ind(0) < Ind[-1] < Ind[-2] < Ind[-3] < Ind[-4] ...
Ind is the current value of the indicator
Ind[-1] is the value 1 bar ago
Ind[-2] is th evalue 2 bars ago
If you have any code snippets that can do that, please let me know. Or if you know a place where I can find some, please do not hesitate to point to me.
May you explain with pictures with arrows? I can not enter into idea. Seems this idea is promising.
Multi Chart EA
First of all thanks for this great forum and keep up good job!
There is MT3, Stochastic Multi Chart EA, but it is not profitable, anybody has idea what indicator to use instead.
EA has to be attached on all 5 charts (M5, M15,M30, M60, M240).
Any comment .Thanks .
Point of Control
I'm trying to set up this system, which they claim makes 150% yearly.
I'm lacking neccessary charts and indicators on M4 platform. Do you
know of any indicator that would show the "Value Area (VR)"
and "Point of Control (POC)" ?
In case anyone has it, or would like to build it, please add it to the
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