Alert is almost quite accurate, if trade goes into loss, then a reversal alert is given.
A reversal alert may also be given when in profit and price is about to reverse.
The EA should be constantly opening trades based on alerts.
I think this profitable long term, with bigger profits than losses, even though there may be more losses than profit (however losses will be small).
The indicator is actually a Ma cross, here's one Ea. based on Ma cross with some filters built in, there are a lot of other Ea's here using Ma cross.
Yepp, repaint !
Is this EA profitable?
It looks like indicator gives signal when arrow appears on a bar which is already finished. This indicator works very slow on backtesting (probably because it prints alerts every tick?).
Here is EA for your strategy. If you need to turn off stop loss and take profit, then set EA inputs "TakeProfit" and "StopLoss" to 0. However if you turn off stop loss you need to set EA input "Lot" to static position size in lots, because maximum risk is unknown without a stop loss. If you use stop loss, then set Lot to 0 and automatic money management will be used. Position size will be calculated for the maximum percent you want to risk on one trade. This maximum risk percentage can be set in "RiskAccountPct" input.
If it's not a secret, which currency pair and timeframe do you use for this strategy?
Its taking ages to backtest.
I am hopefully looking to run it on EURUSD 15 Min.
The strategy tester is generating alerts 10 times a minute. This is not the case in live trading.
I will forward test in demo on Monday.
Whether indicator is that do not repaint?
Hi, I'm new to forex and I need some help.
I have this indicator which is a part of the forexsignal30 extreme template.
The problem with the indicator which I attached is that it is repainting mostly in smaller time frames. Is there a way to fix the repainting of this indicator?
get another one that don't repaint
with what new digital said, if the INPUTS got a choice of -- on close MA
i.e. ZERO , if there is choice from - 0 - to - 6-
if you cannot use it for trading
first take a look at the cycle period -- too short?
or as long as NOW -- quite textbook case
and have any one think about MM in a mostly steady market
i.e. find a strategy and MM , that you won't lost easily in current market scenario -- could be more important than finding indicator
as we could use historical data to prove and use a strategy + MM
ndicator repaints, and repaints horribly!
Indicator repaints, and repaints horribly!
Can anyone fix this indicator? He repaints, and repaints horribly!
Could you please take a look at it and fix it if possible, so that it does not repaint.I'm using him on 5M chart!