EUR/USD simple system
someone please code an EA for this strategy .
dunno if it works.
its a template called ''Layers'' in mt4 terminal.
But I thought it would be a good idea to have a place where anyone could leave just a picture of a promising/interesting/strange/whatever setup without starting a separate thread. May be with a comment or two. Just for brainstorming, you know. To give us, pressed and stressed traders, a nice opportunity to just relax and flip through pictures which, as they say, tell you more that words.
Maybe someone will have a revelation, who knows Again, I leave it to you people to decide if there is a need for that or not.
Could you tell me about the indicator that produced the indicated historgram in your attached screen shot.
try this its a line drawing ea that will execute orders when price cross the line. If you do search on this forum useing the name ' Linexcutors ' you will find a thread explaining how to use it, I beleive it can be used to not only execute but stops and take profits can be adjuste by creating lines too. The trick is to rename the lines after you've created them. Do a search to find out more they may be a newer version as the creator was working on this after I down loaded this code.
Audjpy / nzdusd correlation
These two pairs move exactly the same way.
A few pips about 20-30 pips difference happen once in a while.
Therefore an EA would be required for the following:
Buy and sell both pairs at the same time (Buy 1, and sell the other).
And close both open trades when net 10 pips in profit.
Umm.. how long have you tested this idea?... correlation is good but naked correlation is dangerous . there are times you start correlation there are times when you stay away from doing it .. i see -83 pips eheh.. or -38 if you look upside down --- rofl ... anyways so what went wrong here if your assumption above is correct
Oh well, regardless of what i have seen i still have created that EA and posted there -- https://www.mql5.com/en/forum/175357/page41
Multi buy/sell stop orders
Hi, sorry for my english but this is my first post... i've been watching the threads for a while now and i have a request that i wish you can help me for...
i'm looking for an ea that would post multi buy/sell stop at once... let me give you an example:
lets say that i prodect that the price would move 300 to 400 pip through the whole month (1D or any other time frame) time frame but in the same time i'm not happy/sure about my information...!!... to maximize my profit and to be in win win setuation, i would place a (take profit point, (price or pips from current market price) and i would place a buy or sell stop in every 25-50 pip all the way to take profit point (in both directions)...
so my parameters would be:
- Lot size:
- Take profit point (pips from the current market price) which i think would work in both ways (buy/sell stop) better
- spread pips between each deal to another in the same direction.
- when take profit/ target reached then all other pending deals will be automatically cancelled/deleted.
* it would be nice if it would be like on the chart (drag and drop) and the ea would be activated on first price movement.
* another "Close" option to close all trades at once same as the drag and drop) and the ea would be activated on first price movement.
* i would appreciate if it would work in both 4digit and 5digit broker...
I attached an ea that might clear the idea a little...
i know that i'm asking for a lot, but This would be somtething greate
Regarding my request above:
This was moved from the indicator forum to the system forum. I don't have an idea what logic is behind. It's a request for specific INDICATORS and they are not a system at all. Hopefully it won't get overlooked here in the system section from the programmer comunity.
Thanks for the share but this thing continually redraws when it is wrong.
How do you handle that?
I put it on 1H and 4H tfs and if it signalled a buy then a few candles later the price dropped to a NEW LOWER LOW, the past blue line just shifted so that it was no longer a buy signal!!!
Again, do you have some way of mitigating this?
the RSI is above the 95 line. and zoom out a little. If you are zoom in too much it can make it move too.
Here is the example.
Please enable the necessary setting in your browser, otherwise you will not be able to log in.