Experts: RSI and Bollinger Bands - page 2
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Just in case, here's my e-mail: ***
I will be glad to test your new developments or modernised version of this EA.
P.S. Regarding how exactly to determine the trend direction by Parabolic, you should consult other experts or look at the codes of other Parabolic-based Expert Advisors. Unfortunately, I am not an expert in programming.
Thanks for the answer.
It's a shame you don't want to finish it.
So far I have figured out how to use this code.
1) I took and commented out the fragment in your code responsible for opening trades upwards and called it "...._short", i.e. opening trades downwards only.
I did the same for up trades and saved it to another file called "....._long".
2) Next, I opened a 30 minute time chart for 20 currency pairs.
3) The trend direction of each currency pair at the moment I look at the weekly Parabolic chart for that currency pair.
4) I put the Expert Advisor "...._short" or "....._long" into the strategy tester, depending on the trend of the currency pair at the moment.
5) On the weekly chart, I choose the period when the rate of this currency pair was rising or falling (the longer the period, the better).
6) I run optimisation for this particular period of falling or rising of the currency pair.
7) I enter the obtained data into the parameters of your EA ("...._short" or "....._long") and start trading this currency pair on a demo account.
At the moment I have already modified about 14 currency pairs in this way (out of 20 currency pairs).
Several positions have already been opened and now all of them are TRADING IN PLUS!!!!
I'll trade for a week or two, I'll see...
And if everything goes well, then maybe I can earn a little :)
So think, maybe you can still modernise your excellent Expert Advisor....
Instead of creating TWO Expert Advisors ("...._short" or "....._long"), you can introduce separate parameters for Buy and Sell signals.
how to use it into mt4 ? tq
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