Well working Trading System ! - page 49
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TrendEnvelopeExpert_v2.2 EA is trading more often. When I look at Metatrader - I always see open orders:
You can see it from the statements attached.
I will describe about all EA (TrendEnvelopeExpert_v2.2 EA will be this week - not today as I am not a coder and I am spending many hours just to "convert" EAs'codes onto indicator's template on the chart sorry).
TrendEnvelopeExpert_v2.2 EA.
Open trades for now:
EA trendenvelop 2.4 improvment
hello ND
is there an option to improve this EA a bit.
because in markets that don't move so much it tends to do some mistakes, like in this case:
sold GBPUSD@ 1.9691 and the price went up to 1.9740 or so, without a stop.
maybe an opposite signel should operate as a stop?
Let me start with TrendEnvelopeExpert_v2.2 EA description, than I will do trendenvelop 2.4 description and than we will improve.
TrendStrengthExpert_v2 EA is not trading often. Last trade was closed on 1st of July and no any open trades till now. You may check the statements attached.
Why not often?
Because in my settings, as we see the arrow, so to open the orders EA will look at the other 4 indicators for confirmation. And all indicators are very very different: one indicator may be good to estimate the daily direction, the other - to filter this daily direction. I am usng some of those indicators manually with other systems (will describe about it later).it was one trade opened and already closed:
TrendEnvelopeExpert_v2.2 EA: trading manually and explanation
I am testing 2 EAs now:
TrendEnvelopeExpert_v2.2 and TrendStrengthExpert_v2
The EAs, indicators and the settings are on this post https://www.mql5.com/en/forum/174793/page21
The other EAs are on this post https://www.mql5.com/en/forum/174793/page2
I am trying to give some explanation of the settings and to create thr template to trade those systems manually.
This discussion was started on this page and I am just continuing explanation.
TrendStrengthExpert_v2 EA: trading manually and explanation
I am testing 2 EAs now:
TrendEnvelopeExpert_v2.2 and TrendStrengthExpert_v2
The EAs, indicators and the settings are on this post https://www.mql5.com/en/forum/174793/page21
The other EAs are on this post https://www.mql5.com/en/forum/174793/page2
I am trying to give some explanation of the settings and to create thr template to trade those systems manually.
This discussion was started on this page and I am just continuing explanation.
Part #1: TrendEnvelopeExpert_v2.2 EA - manual trading.
TrendEnvelopeExpert_v2.2 EA
M15 timeframe.
For the performance - check excel file and the statements https://www.mql5.com/en/forum/174416
This EA is using many indicators.
1. TrendStrength_v2 indicator.
This indicator was described on this post https://www.mql5.com/en/forum/174793/page32
In my settings for this indicator is used in the following mode:
TS_Mode = 1; // TS Mode: 0-off, 1-trend (confirmation), 2-signal
Besides I am using this as trend confirmation for H1 timeframe:
TS_TimeFrame = 60; // Time Frame in min
Part #2: TrendEnvelopeExpert_v2.2 EA - manual trading.
2. TrendEnvelopes_v2 indicator.
In my settings for this indicator is used in the following mode:
TE_Mode = 2; // TE Mode: 0-off, 1-trend (confirmation), 2-signal
This indicator was described on this post https://www.mql5.com/en/forum/174793/page32
Also, I am using this indicator for current chart timeframe (in our case it is M15):
TE_TimeFrame = 0; // Time Frame in min
Thus, I am using this indicator as signal indicator for M15 timeframe (EA is trading on M15 with my settings but you may sellect any settings and use it for different timeframes - it is just explanation only).
Part #3: TrendEnvelopeExpert_v2.2 EA - manual trading.
3. AddSignal_v1 indicator.
This indicator was described on this post https://www.mql5.com/en/forum/174793/page32
I am not using this indicator in the settings:
Add_Mode = 0; // Add Mode: 0-off, 1-trend (confirmation), 2-signal