Hi,
in just found this strategy:
https://www.mql5.com/en/blogs/post/712016
Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?
Thanks!!
LISA
I don't know the indicator,
But attached is my coding for your strategy, it works best in 1 hour time frame.
Test it and Let me know how you find it...
Well in an 1H chart,
I like using 70p T/P and 30p S/l,
then change the s/l to breakeven after the first 30p profit.
You need to setup the tp and sl in the EA properties window
Well in an 1H chart,
I like using 70p T/P and 30p S/l,
then change the s/l to breakeven after the first 30p profit.
You need to setup the tp and sl in the EA properties window
Thank you
Did you try to make the SL / TP function according to the the opposite MACD and CCI signal
I read through the strategy and couldn't find any reference of why we should depend on xx number of pips for stop loss and take profit.
Thank you
Did you try to make the SL / TP function according to the the opposite MACD and CCI signal
I read through the strategy and couldn't find any reference of why we should depend on xx number of pips for stop loss and take profit.
Yes the EA closes the open trade if an opposite signal triggered.
note:
If you change the "hedge" function in the properties to "true" this function will stop the auto close on any new opposite signal,
So you better follow the default.
I recommend you run the EA in a 5 minutes chart in a demo chart to better understand the mechanism of the trades.
Hi,
in just found this strategy:
https://www.mql5.com/en/blogs/post/712016
Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?
Thanks!!
LISA
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Hi,
in just found this strategy:
https://www.mql5.com/en/blogs/post/712016
Does anyone know as if there is allready a ea for mt4 for this, which gives automated signals`?
Thanks!!
LISA