E&A Standard Trading System - page 24

 

here goes the indicator using percentages

you have to enter a position when the ocilator percentage is high.the higher the indicator the better the trade will be.

now you can leave this and quit the MTFAPA

I hope u guys enjoy it.

bye

 

template

this is my template

Files:
 

Oscillator

nirvaman:
this is my template

Hola Nivarman, So as far as I understand the oscillator works like this:

1. If goes up above cero a buy signal generates

2. If goes down below cero a sell signal generates

Is correct this observation?

Does this indicator works on any timeframe?

Regards,

Alejandro

 

templates

Hola Drewp, thnaks for your help. Here I attached 2 templates for you to review them, if they are ok with your system. Please check em out.

Regards,

Alejandro

Files:
 
 

English please

Please explain your new indicator in English please.

 
Files:
 

about the indicator

its simple. it only shows the distance between the 2 lines (red and blue) of the MTF APA indicator. The best signals are the ones that meet a high value in the occilator. 0.25 or higher. is a way the filter a little more the bad signals . the higher the value of the indicator, the better will be the signal. it never goes below 0. is always positive. you close your position when it reach 0 again or when it hits your stoploss or your target.

the direction of the position remains ruled by DREW signals EA.

the only problem is that it will filter some good signals too.

I am testing a new philosophy that says "boring is good". In other words, I prefer to have 2 signals with a 90% propbability of success that 10 with 60% probability of success.

but shhhhhhhhhhh. dont tell anyone that we are building the holy grail. lol

 

for atisnado

hey atisnado

I am from colombia, south america.

here I am, in the middle of the jungle with my laptop, doing Metatrader Expert Advisors, lol.

Not seriuosly guys, there are citys here too. lol.

de donde eres tu atisnado?

 

Guys,

keep your posts on English.

For foreign language forums go here: https://www.mql5.com/en/forum/general

To speak in your mother tongue do it by PM.