SkyDART - page 7

[MrPip]

Waddah indicator

After studyig the code for the Waddah_Attr_Explosion indicator I found that the manula trading rules do not follow the indicator. The alerts to open a trade are based on a little more calculation.

I use the following code for buy in the EA. The code is similar for Sell

Trend1 and Trend2 is histogram current and previous, Explo1 and Explo2 are yellow line current and previous and Dead is blue dashed line.

So the rule seems to be Histogram above 0, above yellow line, above dead zone and rising with yellow line also rising.

The power portion is the part that is not included in the rules as posted.

if(Trend1 > 0 && Trend1 > Explo1 && Trend1 > Dead &&

Explo1 > Dead && Explo1 > Explo2 && Trend1 > Trend2 )

{

if (usePower)

{

pwrt = 100*(Trend1 - Trend2) / Trend1;

pwre = 100*(Explo1 - Explo2) / Explo1;

if(pwre >= ExplosionPower && pwrt >= TrendPower)

{

// Was give an alert to Buy

return(BUY);

}

}

else

return(BUY);

}

I have coded the prelimiary version of an EA and it works great until a major trend reversal causes a HUGE loss. There is more work to do on the EA before posting.

I tested with calls to the custom indicators and with the code from the indicators used directly in the EA. Backtest is much faster when code is in the EA. The indicators using the default settings are basically easy to code in the EA.

Robert

[thesource]

Ea

I see the logic and agree on the reversal.

Basically we should look more into the TP and SL. Would be nice to run the full trend but I would rathe settle for my 20 pips per day per pair( if the market allows me)

I will be looking at leaser traded pairs next week. Using the rules as you aplly to the EA.

I dont get any signals from the Explosion Gold, if someone knows why I would appreciate some input

Good weekend to all

[thesource]

Something considering strategies

I would like for all to tead this article. Very insightfull and true

http://www.tradingeducation.com/making_money_tharp.asp?Code=TE_COW

[skydart]

crazy Tokyo

[radas]

Hello Skydart,

I think that this is powerfull system

Are you working to improve it??

Best regards,

R

[prasxz]

hi

good system...skydart did your entry point based on 30 m TF ?

==================

Forex Indicators Collection

[thesource]

Hi all

Sorry I was down with flu.

Couldn't trade for the own good of me.

I will start testin tommorrow again

[skydart]

[thesource]

Nice Visual Layout

SkyDart

I must say that you have the cleanest graphical chart layouts.

Great work man.

[ssotiro]

I must say that this latest chart looks excellent. Looking forward to learning the rules.

Thanks skydart