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I traded the second method yesterday (08:15 GMT) targeting the highs and lows for the previous eight hours. It worked out well: although I was stopped out on the initial GBPCHF trade, I reversed it and covered the loss of 35 PIPs. The GBPUSD also hit TP @ +40.
I'm trading a demo OANDA account which is annoying as it doesn't allow hedging, so for instance long pending orders are deleted as soon as a short order is hit which means having to run it manually. Also means I can't test the first method at 07:15 GMT because I can't go long and short simultaneously. Will have to try another broker.
I've been looking at some heat map/neural network indicators recently and tried trading both pairs this morning based on their predictions. They were both indicating long for GU and GC so I made trades only on that side. So far it's not working, but I'll keep watching it and post my findings!
Would you please tell me the name of this indicator, circled in the picture?
Hi fxwalb,
That's the #signal Bars v.71 from Mr. Cja.
Best regards,
Paulinge
its likely you r using the wrong buffer in incustom. I would copy the one from the ea and go through them until you find the right numbers
its likely you r using the wrong buffer in incustom. I would copy the one from the ea and go through them until you find the right numbers
There are two indicator buffers, one gives a line of red dots the other blue, and I am fetching both of them in the EA code:
zz1 = iCustom(Symbol(), 0, "DT-ZigZag-Lauer", 5, 240, 0, 1);
zz2 = iCustom(Symbol(), 0, "DT-ZigZag-Lauer", 5, 240, 1, 1);
UPDATE:
I don't know what the issue is, but I found a workaround using GlobalVar
.
Indicator on chart vs. EA
Hello
I am trying to use custom indicator "DT-ZigZag-Lauer", which I downloaded, in an EA that I've written. The indicator works fine on the chart, but when I call it from within the EA it returns different values than when the indicator is drag-dropped on the chart.
Testing in StrategyTester, EURUSD, M15, 01/01/2003-forwards.
If someone knows what the problem is, or can point me in the right direction, I would be verym very grateful!
UPDATE: Found an explanation, on a different forum about this issue
EurUsd Direction
12 Minutes passed to Newyork open and is trading in only 3 Pips range
Market Today
Bank holidays in UK and Memorial Day in US
Marketm is just creeping
.arasheed
EurUsd RANGE
So narrow range
Hi Guys
I have been using bigbears zigzag pointer alert on the 4hr timeframe as suggested at the beginning of this thread. I use other things to first establish the main trend on the daily and 4hr also.
Is/has anyone else used this alert and could you give be the benefit of your experience with it, mine seems pretty good so far. Many thanks.