MQL Universal EA
FREE
Pubblicato:
18 febbraio 2014
Versione attuale:
1.900
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Simply put, the buy-sell signal are given by the current chart indicator values and not by the indicator time frames set on the EA input window; I hope that with the next update this matter will be resolved. It would be very useful to include the possibility to choose the max spread of pips allowed to enter order, as well as, indipendent shift relative for each indicator such as Stochastics RSI MACD etc.. Thank you very much.
I received your message already.
Hi Martin, It would also be very useful to introduce by the new update a drawn line on the chart that joins the opening and closing order point, for example blue line for buy order and red line for sell order, as in the image below.
Hi Martin. Does your ea do the following.
1 a.Moving average
b. MACD cross indicator
c. ability to add a custom indicator
2. Execute order with MA line cross and MACD cross as well as custom indicator when all signal to buy or sell.
3. If have a proper buy order and a proper sell order is signalled, then EA will close the buy order and execute a sell order.
Thanks
Clayton
Hi Martin. Does your ea do the following.
1 a.Moving average
b. MACD cross indicator
c. ability to add a custom indicator
2. Execute order with MA line cross and MACD cross as well as custom indicator when all signal to buy or sell.
3. If have a proper buy order and a proper sell order is signalled, then EA will close the buy order and execute a sell order.
Thanks
Clayton
Hi.
1) Only the indicators shown in the instructions are used by the EA. There is no ability to add additional custom indicators. Not unless the EA is modified for you.
2) MA and MACD are both used by the EA. They can be used separately or together. I am not quite sure how you want them used though. Please read the instructions to see how the EA currently trades with these indicators.
3) Yes
Hi Martin, I'm testing your software MQL Universal EA Version 1.71 - 2015.12.03 and I realized by chance that there is an error in the operation of the RSI, CCI and WPR indicators; that is, in corfirmation mode when the RSI value cross above the high-line the Expert Advisor immediately put out a buy signal, while when RSI value cross below the low-hine the EA give a sell signal. It would be appropriate the EA give a buy signal when the last cross was a cross downwards of the high-line until medium line (50) and below medium line the signal is neutral, whereas the EA give a sell signal when the last cross was a cross upwards of the low-line until medium line (50) and above it the signal is neutral. You can solve this problem? I hope I was clear. Thanks a lot.
Hi Martin, I'm testing your software MQL Universal EA Version 1.71 - 2015.12.03 and I realized by chance that there is an error in the operation of the RSI, CCI and WPR indicators; that is, in corfirmation mode when the RSI value cross above the high-line the Expert Advisor immediately put out a buy signal, while when RSI value cross below the low-hine the EA give a sell signal. It would be appropriate the EA give a buy signal when the last cross was a cross downwards of the high-line until medium line (50) and below medium line the signal is neutral, whereas the EA give a sell signal when the last cross was a cross upwards of the low-line until medium line (50) and above it the signal is neutral. You can solve this problem? I hope I was clear. Thanks a lot.
Hi. If I understand correctly, you just want to use the indicator in a different way than what the EA was made for. There are different ways to use RSI, CCI, etc... Depending on the trader's preference, they can be used different ways. So what you said is not necessarily an error. Correct me if wrong. If you want a customized version of this EA, please submit your changes to one of the official email addresses or via PM.
and it is wrong; I only expressed an idea to correct it in the best way and improve the EA's performance. You yourself can verify this wrong behavior of RSI CCI and WPR indicators.
Hi, I want the program to run and to work as indicated in the instructions; the EA open buy order trade when RSI value goes above high-line, thas is in overbought market conditions
and it is wrong; I only expressed an idea to correct it in the best way and improve the EA's performance. You yourself can verify this wrong behavior of RSI CCI and WPR indicators.
Okay, I understand. You said that you are using these indicators in confirmation mode. Confirmation mode works differently than trigger mode. The instructions you are reading are for the trigger mode. Those instructions were written for the very first version of the EA. The last time I checked, mql5.com does not allow for the updating of instructions for new versions! So there was no way for you to know the difference and I apologize for that. I will check and see if the instructions can be updated. Getting back to the issue, your trades are not being made based on the confirmation mode. Entries are based on the trigger mode. For confirmation mode, those indicators simply have to be above the low level for a buy and below the high level for a sell. The trigger is more strict and specific though and works like in the instructions you are reading. I will keep your feedback in mind and consider it for a future update. Thanks
Hi Martin, probably we have not understood. Then, I bought the old version of your software MQL Universal EA (version 1.60); the old version as you know worked only in confirmation mode and the instruction that I am reading are the same of 2 years ago. You have to add the trigger mode in the latest version 1.71. Anyone and even yourself can quickly check with 1 minute time frame that EA in confirmation mode open immediately buy order when RSI value cross above high-line and open immediately sell order when RSI cross below low-line, the same for CCI and WPR indicators, it is absolutely wrong for a profitable trading activities. I hope for a quick update to solve this error. Thanks a lot.
Well, I do not agree with what you just said. The new version does have trigger mode. And I already said I understood what you want done and I will consider your feedback for the future version. I do not think this is an error. It is simply how the EA works for confirmation mode. As I said before, depending on the trader's opinion, indicators like RSI can be used in different ways. I assume you are just using confirmation mode with no other indicators in trigger mode because you keep saying that your trades are made based on confirmation mode, which simply isn't true. Not unless you are using only confirmation mode with no triggers. In this case, the EA would trade with confirmation mode or just sit there forever with no trading. It was not meant to be used like that. Anyways, it doesn't matter. I will consider this in a future update. Thanks
Hi Martin, I found that Trailing-Start, Trailing-Stop and Trailing-Step do not work as they should. Can you verify this matter? Thanks
Please explain what you think doesn't work.
The problem is not understood. You said the buy order opens at 1.2340 and the TS Step is set to 5. Therefore, the TS must move 5 pips and NOT 1 pip. So the TS must move to 1.2345, which is what you said it did. It seems you do not properly understand the inputs or are mixing them up.
No. If I set Trailing Step to 5, Trailing Stop to 4 and a buy order opens at 1.2340 then once price reached 1.2345 (5 pips in profit), then first Stop-Loss move must go to 1.2341 that is market price (1.2345) minus Trailing Stop value (4 pips); when the price reached 1.2350 (10 pips in profit) Stop-Loss must move to 1.2346; when the price reached 1.2355(15 pips in profit) Stop-Loss must move to 1.2351 and so on. So if Trailing Step is set to 5, in this case, the Stop Loss will be modified like this: 1.2341, 1.2346, 1.2351, 1.2356..ecc
What is your TS Start set at? And can you give me an example from either live trading or a back test of the problem?