I don’t like Xmeter as a CS indicator. It’s just numeric, without any sign of current direction of each currency.

G.

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 [/quote]

We enter LONG when we are in Trough area breakout.

G.

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]

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.

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.

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.

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.

After some tests/trials:

I prefer Buy-Limit @Close +xx, instead of the current Buy-Stop @High+xx.

In cases where entry is in mid-bar, entry should be also a Buy-Limit instead of Buy-Stop.

Vice versa for Shorts.

Advantage: More pips.

G.

After some tests/trials:

I prefer Buy-Limit @Close +xx, instead of Buy-Stop @High+xx.

In cases where entry is in mid-bar, entry should be also a Buy-Limit instead of Buy-Stop.

Vice versa for Shorts.

Advantage: More pips.

G.

This CS discussion looks interesting, but I want to see a working indicator to compare it’s accuracy and lagging, instead of reviewing bits of code.

This should be done in any case, because we have several CS’s to choose from, and we need to be practical and focus on this specific EA.

We should be using it inside the EA as a function, returning…[Read more]

This CS discussion looks interesting, but I want to see a working indicator to compare it’s accuracy and lagging, instead of reviewing bits of code.

This should be done in any case, because we have several CS’s to choose from, and we need to be practical and focus on this specific EA.

G.

Thanx for contributing.
Please note that @vlanfx is in charge and responsible for versioning.
Any addition/contribution please post as separate file and @vlanfx decide where to integrate it.
BTW: your “Comment” overwites already existing one. That’s one of the reasons why only one person is in charge of new versions, and it’s @vlanfx.
G. [/quote…[Read more]

Thanx for contributing.
Please note that @vlanfx is in charge and responsible for versioning.
Any addition/contribution please post as separate file and @vlanfx decide where to integrate it.
BTW: your “Comment” overwites already existing one. That’s one of the reasons why only one person is in charge of new versions, and it’s @vlanfx.

G.
 

Please post sample “include” for @vlanfx to interface that lib.

G.

Contribute here,  Uradon Keeryder.

If We wanted somewhere private, we all know several other places.

This is a Community project, so everyone can participate & contribute, and you are more then welcome.

VlanFx is responsible for versioning, after comments and discussions of each contribution.

G.

Contribute here,  Uradon Keeryder.

If We wanted somewhere private, we all know several other places.

This is a Community project, so everyone can participate & contribute, and you are more then welcome.

G.