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cam028  
whats a good setting I like to trade 15 min time frames 
Khalil Abokwaik  

Good Day to all, and Thank you for your support.


Many users ask for EA settings. Please note that the Currency Dashboard Trader is not the usual type of EA that runs on a specific setting, it is more of a tool to trade the market "the way you wish" via using a basic set of indicators (which can be expanded upon user requests). Whether you are a trend-follower, contrarian, long-term, intra-day trader or even a scalper, the tool can help you trade the majors and their crosses using currency strength/weakness expressed by the selected indicators.


In a nutshell, the tool allows you to setup different trading strategies.


Attached are few settings that I've tested before. Again uses these as guidelines and change them as you see suitable.

Khalil Abokwaik  

I recommend setting the "Use Recommended Threshold (Auto)" input to true, because it automatically calculates the suitable threshold for you based on your selection of indicators, and it adjusts the threshold whenever you change your indicator settings.



After applying/inventing a certain setting and before you trade it, it is recommended that you "visually" verify the signals and see if they make sense to you.

For example CDT SS above has a Buy Signal on NZDJPY-threshold 126 (although it hasn't reached the threshold yet (140) - so no auto trade is taken yet). Lets check the NZDJPY chart by pressing the NZDJPY button in the "Pairs Threshold List", if you set a template under "Action Settings" the chart will opened using that template and time frame.


As the above setting using Trend on W1+H4, and Trend on M15, we take a look at how these charts are aligned :




remember, recommended threshold is not reached yet, so CDT is waiting for more confirmation that M15, H4 are moving with W1 new uptrend.

Now, it is up to you to decide if these settings generate good signals that you would trade.

Once you have a setting that looks good to you, forward test it on demo, or live trade it on a micro account for at least a month before committing live/bigger account size.


All the best,

Khalil

HappyJP  
Khalil Abokwaik:

I recommend setting the "Use Recommended Threshold (Auto)" input to true, because it automatically calculates the suitable threshold for you based on your selection of indicators, and it adjusts the threshold whenever you change your indicator settings.



After applying/inventing a certain setting and before you trade it, it is recommended that you "visually" verify the signals and see if they make sense to you.

For example CDT SS above has a Buy Signal on NZDJPY-threshold 126 (although it hasn't reached the threshold yet (140) - so no auto trade is taken yet). Lets check the NZDJPY chart by pressing the NZDJPY button in the "Pairs Threshold List", if you set a template under "Action Settings" the chart will opened using that template and time frame.


As the above setting using Trend on W1+H4, and Trend on M15, we take a look at how these charts are aligned :




remember, recommended threshold is not reached yet, so CDT is waiting for more confirmation that M15, H4 are moving with W1 new uptrend.

Now, it is up to you to decide if these settings generate good signals that you would trade.

Once you have a setting that looks good to you, forward test it on demo, or live trade it on a micro account for at least a month before committing live/bigger account size.


All the best,

Khalil

Hi Khalil, I send you a pm

Khalil Abokwaik  
HappyJP:

Hi Khalil, I send you a pm

Thank you 
I will add that feature in addition to other new features on next update.

Be safe,
Khalil
HappyJP  
Khalil Abokwaik:
Thank you 
I will add that feature in addition to other new features on next update.

Be safe,
Khalil

ok, thank you

kvinvest  

Rented this EA to try it out in live/demo account.

Questions on the setting:

- How the pair threshold value is calculated to understand the value and define ? For eg: On what basis i define 100 or 120 or 40?

- How currency strength count is determined ?

- If my terminal has pairs with or without suffix, how do I filter the currency to show in the list - example: I need only 10 pairs to be considered by EA to calculated, where do I define ? Currently it is showing all pairs and in the setting I can define only pairs to exculde or include in the trade but not in the list ?


Thanks

kvinvest  

Appreciate your quick response to use the product which has been rented for one month !


Thanks

cam028  
i had a question  i messaged u hit contact me when u get a chance
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