Fractal Zigzag can help me be profitable in forex too long, I need a chance for an expert advisor designed to - MQL4 and MetaTrader 4

yenPound 2016.05.16 18:31 #1501

whisperer:
Why not using fractals then?

fractal zigzag can help visually for pattern recognition

Mladen Rakic 2016.05.18 11:57 #1502

KumoBreake:
fractal zigzag can help visually for pattern recognition

Are you using zup?

Mladen Rakic 2016.05.19 08:53 #1503

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Requests & Ideas

KumoBreake, 2016.05.14 23:30

ATTENTION: Video should be reuploaded

i downloaded this free indi from mql and its doing a good job by drawing zigzags based on fractals but here's the problem , i dont want it to ignore past fractals that have higher high or lower low over than upcoming fractal in same direction . i think picture is clear

Try using this one (it is not exactly fractals, but it might be very similar to what you want)

Files:

High - low trend mtf 2.1.mq4 10 kb

Fractals - Bill Williams' Fractals - Bill Williams' Fractals - Bill Williams'

Mladen Rakic 2016.05.19 08:54 #1504

oguz:

Himm... Bad news for me!

Ok thank you for the valuable and important information.

Dear @mladen, can you make this indicator histo version please? ("step one more average 2.2.mq4")

I believe that it was made as histo already, but will check

whisperer 2016.05.19 10:34 #1505

KumoBreake:
fractal zigzag can help visually for pattern recognition

Ok, That makes sense

pqd 2016.05.19 10:45 #1506

would like an expert advisor designed

rule buy - rsioma up and trend direction index cross up

rule sell - rsioma down and trend direction index cross down

rule exit - change direction of rsioma

rule - only one trade per rsioma trend direction

please help me ive tried to be profitable in forex too long, i need a chance.

Files:

trend_detection_index_mtf_1.01.mq4 5 kb

Rsioma averages 1_3 (mtf p alerts)__2.ex4 113 kb

trend_detection_index_mtf_1.01.ex4 17 kb

Untitled.jpg 190 kb

Average Directional Movement Index Average Directional Movement Index Average Directional Movement Index

Mladen Rakic 2016.05.19 11:42 #1507

timmyhanke:
It works in lower spread, but as soon as it has a spread 3-5 pips its starts to struggle.
And it makes profits but the loosing trades are bigger than what i want them to be , so hopefully i can manage that through averages.
So for now its either a good trading day or a bad trading day , and when its changed hopefully it will be great days and days that are totally okey.

It would mean alot if you added the averages to it , you dont have to add all of them , but just a couple would be nice :)

What I meant is the following : in the case you described changing the average type from sma to something else will not help. If you already know what can happen in cases like that, with strategy adjustment you can minimize eventual loses and then you can have a working trading strategy - without a need to change anything in the indicator itself

Creating an indicator draft Data types and values Constant variables