Hi G, i do not understand this part of logic. We do our Long entry point at Peak, Not at Trough? And we exit that Long trade at Trough, Not at Peak?   Could you pleae explain the reason why we do that? Or i have missed understood it?

Thanks

Attached is new version of the PenguinEA Changes in logic were made based on GG53 ideas in the quoted posts. V. [/quote]

Thanks a lot Vlan  will test it … if it is without trend rule, the result is good … then with trend, it will be really great …. 

Thanks bro, really great information. About hidden buffer, what is it actually? Just define it as an array, but not set is as SetIndexBuffer() at init() function ?

Thanks G & simplex. So if we have some buffers (arrays), and we use IndicatorCounted(), is it better to check for New Bar coming, then we shift the content of the array ? We add a new space to array for storing the new result later. In this case, we are only work with last (current) candle, which will safe CPU load … or ? Unfortunately TVI by o…[Read more]

Great! Looking forward to see how it is working. Yes its a shame MT4 EA’s cant be backtested using strategy tester across multiple currencies as MT5. I saw SL is also ATR based. This is intresting. I have been testing this method many times before but I never got it to preform better than a fixed value in the long run. So im exited to see if it c…[Read more]

Hi Guys.. BE CAREFUL.. Market start to ‘dance’,   it’s Luring time… lol.. 

MTH

VlanFx,

Please add another condition for exiting the pre-check before trade entry:

//Don’t trade large bars
//if((High[1]-Low[1])>2*ATR) return;

We can debate if it should be double or more, or make it a user parameter.

Thanks,

G.

VlanFx,

Please add another condition for exiting the pre-check before trade entry:

//Don’t trade large bars
//if((High[1]-Low[1])>2*ATR) return;

Thanks,

G.

Thanks G & simplex. So if we have some buffers (arrays), and we use IndicatorCounted(), is it better to check for New Bar coming, then we shift the content of the array ? We add a new space to array for storing the new result later. In this case, we are only work with last (current) candle, which will safe CPU load … or ? Unfortunately TVI by o…[Read more]

I’ve added more logic to the current one, using my version of CS, and it’s doing more than Ok on live (demo acct) trades.

The problem is that CS can’t be accurately backtested (MT4 backtest consider only current pair currencies), so I suggest we leave CS as a last addition, although I still consider it as major addition to this EA.

G.

Yes, sorry for making you confused. I did not write it clearly (on mobile phone it is a little difficult for me, old eyes :) … If i just take the whole Bars, it will be very very big on TF M1, and grows rapidly if a new candle appear, this is not good.

So, I think the max size of the array is the size of LookBackBars (historical) bars, may be…[Read more]

VlanFx,

Please add reverse entry logic to EXIT trade if happened before SL.

(i.e. if Trough becomes Peak and we entered Long trade – than if it turns back into Trough again -> we exit trade.)

G.

VlanFx,

Please add reverse entry logic to EXIT trade if happened before SL.

(i.e. if Trough becomes Peak and we entered trade – than if it turns back into Trough again -> we exit trade.)

G.

Sorry, my BUG…

calcLOT designed to receive SL in POINTS and not PIPS, so we need to divide recieved variable /10.

G.

Sorry, my BUG…

calcLOT designed to receive SL in POINTS and not PIPS, so we need to multiply recieved variable x10.

G.

@simplex, yes i have read it. Thanks, it is nice information like :

i = Bars – IndicatorCounted() – 1;

Or limiting bars with :

if (i > LookBackBars – 1)

i = LookBackBars – 1;

But i mean the iMAonArray. The source must be an array, and the results are store in array (sorry not wrote it clearly). The source content will be bigger/more if a neq…[Read more]

Currency-Strength is a good indicator to add to our system, but please move the discussion of its inner build to the proper thread. Suggest one when it is finished and bug free – with proper way on how to use it to enhance our current EA.

G.

Hi mate,

May i know what is the different between _Point  and point ?  Does _Point calculates the 2/3 digits & 4/5 digits broker ? I mean, may be if it is 3 or 5 digits broker, _Point = point * 10 ?

Thanks

Thanks G & simplex. So if we have some buffers (arrays), and we use IndicatorCounted(), is it better to check for New Bar coming, then we shift the content of the array ? We add a new space to array for storing the new result later. In this case, we are only work with last (current) candle, which will safe CPU load … or ?
Unfortunately TVI…[Read more]

Hi Brother,.. lol of course you are not wrong.. this FOMC day with highly potential that the fed will change their interest rate.. market will move very volatile, so beware for all of you who use huge leverage account and relative spread, sometime hard SL or trailing stop also not work, and your MT4 platform freeze..lol. Remember when Swiss Franc…[Read more]