Some people asked me by PM about the systems based on breakout on our forum. We are having a lot: indicators, EAs and the systems.
Starting from old russian maksigen https://www.mql5.com/en/forum/173317 and finishing by Dolly https://www.mql5.com/en/forum/trading_systems
Some other breakout systems/indicators:
Will I be able to get a gan hilo indicator if possible,,
Many of them are here https://www.mql5.com/en/forum/178566 (post #39).
Thank you, sir
hoping to develop another holy grail.look foward to see you soon.
thanks for mesa
but i searched on the forum with the functiun search, zero post ! bizarre !
For the next time
Need a coder for reasonably simple signal indicator that might evolve into EA
Im looking for someone who could make an indicator that would watch for three pairs of EMAs, one being the "main" Ema pair, the other two being fiter pairs. on the filter EMA pairs I need the indicator to check if they crossed one or two candles before the cross of the "main" EMA pair .. if both the filter pairs crossed enough in advance, then the "main" pair cross is a real signal.
I think this would be the first step.
Second step would be adding a Laguerre RSI level cross as another filter for the signals.
Third step would be setting the target and stop levels.
Fourth step would be adding a general trend filter.
I have an idea how the logic of the code should be for step one and step two, for step three, the levels are defined, we will need to work on the way how to code that.
Anyway, is anybody interested?.. The complete thing works fine for me on manual trading, but there is quite lot of noise in the signals, I would like to see only the valid ones and select between those.
I guess it could give stable results when traded mechanically.
Any help will be very appreciated, I intend to put all the codes here for public use.
ok for google search..
i use forum search... ..sorry i used !!!!
Rules for popular commercial system...
There's a well-known manual forex strategy available which I have purchased. I will not disclose the name of the strategy.
While the material is copyrighted, the idea behind it and the math are not.
Here are the basic rules; if someone knows of an existing EA that operates similarly or can code one up that would be neat; it would be nice to backtest the strategy.
1) Obtain weekly high, low, close. Exclude Sunday.
2) Subtract the low from the high, divide by three.
3) Add the figure obtained in step 2 to the close
4) Subtract the figure obtained in step 2 from the close
5) On Monday set two stop orders, one for a buy generated in step 3, one for a sell generated in step 4.
6) Cancel pending order once other is filled.
7) PT= 50-75 pips, SL about 75% of PT.
8) Breakeven stop after X-pips.
Any help appreciated.
Gift for you ...
I belive your still looking for a holy grail.well.. i might not be able to expose my mq4.any way as a trader, i will gift you a very effective indicator.
this works for each and every trade.all you have to do is adjust the stop loss and limit.
* Trend is your friend
* Daily pivots
Indicator is develop by a person name Jabali walid
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