Hi Mladen, if no one is able to add a martingale system to the EA I posted earlier, can you provide the code and instructions on where to place the commands after the external parameters. I have been looking online for such a code and the one I found does not work. These codes are easy to place on simple EAs but complex EAs can get confusing to non-coders. I joined this section because a part of the incentive for paying members is to be able to request work to be done on an indicator or EA. So far, that has not happened.
EAs that are using stop losses and/or take profits on orders can not be converted to martingale trading EAs. Then the whole logic has to be changed : only the first order can be entered on a signal, no stop losses nor take profits for placed orders can be used nor can it be used on an Ea that allows only one opened order at a time
So there is no way to make that EA a martingale Ea and still keep it work as it used to work
PS: using a multiple combination of multi time frame signals (and that EA is using a combination of 6 different time frames for a signal) is not a good idea. On a current bar you shall have a lot of false signals, and on closed bar you might end up combining values from 1 month ago with a value 5 minute ago (and those, obviously, have nothing in common)
PPS: what is the intention of a line of code that goes like this :
double Buyc_2 = 0 && -73 && 73 && 100 && -100;
one more simple favor from you to write the word "Buy Signal" in Blue color or "Sell Signal" in Red color at the the upper right corner or wherever corner when the indicator "Advanced_forecater 2.06 mtf & alerts & envelopes.mq4" indicates to either bullish or bearish trend.
Talaat E, added the text, made it so you can control the font size, corner you want it in, and the vertical, and horizontal positioning.
you are Really great man
Thank you for your reply Mladen,
This EA escaped me because I could not figure out a clear buy/sell logic in it. It was made on an online EA generator. It does work well for a while but eventually gets stuck in large drawdowns when it misses its profit target and retracts, so I figured it needed a little help with a martingale system.
I am trying to look for better systems now after the massive CHF spike on Jan 15. The CCIComa EA, an MA stop and reverse system and your Hi-Low channel Jurik smooth indicator looks like they would have fared ok on the chart that day. Can you add a martingale system to the Hi-Low channel Jurik smooth EA attached? If not, can you post a working martingale code in a word document for me. Thanks.
P.S. I also noticed that your Hi-Low channel Jurik smooth EA removes orders after it determines that the trend has changed and places a reverse trade in its place. This results in small losses. Is that the way it's supposed to work? If so, can there be a switch to turn this feature off? It also uses the indicator Hi-Low channel Jurik smooth for EA and not the Hi-Low channel Jurik smooth attached. Is the one its using better or are they the same? Because on the chart, this histogram indicator its calling on seems less responsive than the one attached.
I didn't post the EA along with that indicator. Here it is.
Upgraded version compatible with new mt : bb_macd_nrp_-_mtf_amp_alerts_nmc.mq4
I just found on this website a new way of looking at charts 5thDimension sw bySB (it's in spanish, just translate)
The guy looks at volume instead of simply forex value.
Question, how could we apply usual indicators on that new chart ?
Sorry, but we can not apply custom indicators to another indicators in metatrader 4 (it would need to produce offline charts, and that indicator does not do that)