OILFXPRO HMA scalper
Happy new year.
You sure you set your date correct?
Hi
Anybody else want to code their version of this EA?
We could have 5 good versions!Competition is good for bring out the best.
Every competitive coder makes a good contribution of knowledge and skills
OILFXPRO
are we entering order after HMA cross?
a bit skeptical about it
Hi
The OILFXPRO HMA strikes
OILFXPROPersonally I don't understand why this is so profitable. This indicator gives plenty of fake signals, i.e. a lot of instances when the 8.0 value is reached and yet no significant market movements. Or, when the 8.0 threshold is reached, that's when the reversal comes in, so when you actually enter long there, that's when you start losing money.
Care to explain why this is so profitable and perhaps show some printscreens with entry points highlighted?
Thank you.
Personally I don't understand why this is so profitable. This indicator gives plenty of fake signals, i.e. a lot of instances when the 8.0 value is reached and yet no significant market movements. Or, when the 8.0 threshold is reached, that's when the reversal comes in, so when you actually enter long there, that's when you start losing money.
Care to explain why this is so profitable and perhaps show some printscreens with entry points highlighted?
Thank you.Somebody is compiling an EA ................you will be able to test ea on different variations of entries and exits and see why
It is all about probabilities....once the hma reaches 8 ,there is higher probability of a profitable trade............than a retracement to stop loss area
You have the indicator ,do your own independent study
OILFXPRO
WTF bad system very lagging
Personally I don't understand why this is so profitable. This indicator gives plenty of fake signals, i.e. a lot of instances when the 8.0 value is reached and yet no significant market movements. Or, when the 8.0 threshold is reached, that's when the reversal comes in, so when you actually enter long there, that's when you start losing money.
Care to explain why this is so profitable and perhaps show some printscreens with entry points highlighted?
Thank you.Here look at it on hourly charts
There is a very useful strategy coming out of this
OILFXPRO
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Hi folks
Happy new year.I post and give my OILFXPRO HMA indicator to the community and soon another free EA
Here is another great free system from OILFXPRO for free developers.A free expert adviser will be provided in due course ,if one is not compiled by free developers.
Rules
OILFXPRO HMA indicator values of +8 for long entries and -8 for short entries.
TIME FRAME 1M CHARTS
Take profit 10 pips
stop loss 25 pips
Exit on stop loss or take profit
All the following hmas have to be positive for longs or all have to be negative for shorts
double hma4_1, hma4_2;
double hma6_1, hma6_2;
double hma8_1, hma8_2;
double hma10_1, hma10_2;
double hma20_1, hma20_2;
double hma40_1, hma40_2;
double hma80_1, hma80_2;
double hma200_1, hma200_2;
double hma420_1, hma420_2;
Entry at 5 pips(or x pips variable in properties) below signal /trigger for longs and x pips above shorts
The EA should be coded with an entry triggger level.The trigger level should be 1 to 8 (total 8 hmas), placing a trigger level of 4 would activate a new trade if more than 4 hmas are positive for longs and more than 4 hmas are negative for shorts.
The EA should have a exit trigger level .If an EXIT trigger level of 3 is placed ,then the EA will exit the previous position ,if an opposite signal trigger level is activated.For example an entry trigger level of 7 hmas for longs was executed as a buy by EA,placing a 3 trigger level for exits would result in auto execution exit if 3 or more hmas go negative, in this case long would be entered at 7 and exited at 4 or take profit
The entry/exit trigger levels are options in properties.
Once an EA is made you can test for best t/p and stop loss.Without an EA you do not know the best settings
This system will be free for all of you to use.
Just check the hma indicator is OK for use or alternatively use own codes
OILFXPRO
SOME FREE HMA SIGNALS HERE
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FREE PROFESSIONAL QUALITY EXPERT ADVISORS ON FOREX TSD BY OILFXPRO
https://www.mql5.com/en/forum/178023
https://www.mql5.com/en/forum/178210
https://www.mql5.com/en/forum/177980