Range Exceed

doshur
154
doshur  

Hi guys,

Its been long that I have last posted. I came to discover a new chart pattern.

Theory : if current body range exceeds the total of X candles body range then execute order

Attached is a sample EA, pls test and let me know the results.

tester.mq4

Files:
tester.mq4  5 kb
doshur
154
doshur  
xx3xxx:
woah, we just wish something like

I test this indicator for a month already

this is the indicator, currency pair, time frame, time for entry / time for exit

and it get my demo account accumulation of profit, why don't we all try this out

===== instead of giving us a idea, something notice-able -- while it is not proven yet nor we don't know the indicator repaint or not === just my thought, no intention to target at this neat author idea

I don't quite get what do you mean. This is a EA that you can do a backtest. I'm having some problems with my MT4 history and hope someone can post some backtest results and see if the idea works.

Logic is very simple and you can see in the source code. it use no indicator so no repaints.

xx3xxx
1754
xx3xxx  

woah, we just wish something like

I test this indicator for a month already

this is the indicator, currency pair, time frame, time for entry / time for exit

and it get my demo account accumulation of profit, why don't we all try this out

===== instead of giving us a idea, something notice-able -- while it is not proven yet nor we don't know the indicator repaint or not === just my thought, no intention to target at this neat author idea

sorry, I am not into EA [ I was just thinking, it would be even better when people here tell us what has been working for him/ her -- backtesting may need some 1M alpari download to get it test correctly, i.e. heard before that when testing , it works, -- probably in 1H or 4H time frame, but not working when test in LIVE condition --- those are special method to use 1M to become 30M, 1H candle then run the backtesting -- read it somewhere when I research into how to put DATA in HST subfolder]

but if you could show us some DIAGRAM (screen capture) or use a formulae / scenario to show us the LOGIC

we probably would be more interested to forward test (live test) for you

NewDigital always remind us , there are some very cool, profitable EA in the elite paid section[some coupons let us take a peek in that section]; you could try it too