CS should be implemented as already described: by calling a function that returns 1, -1, or 0 (Long, Short, None).

Long signal for currency pair AB is when currency A is above 0 and pointing up, currency B is below 0 andf pointing down.

The opposite is for Short.

Other variations returns 0 (None).

Optional addition to the above is a…[Read more]

CS should be implemented as already described: by calling a function that returns 1, -1, or 0 (Long, Short, None).

G.

Strange opinion, since it’s my main trading strategy for years…

G.

Trend can be identified using Peak & Trough combined current & higher TF’s, such as in simplex histogram indicator.

G.

simplex,

This check-up routine should be part of the Auto_StopLoss & Auto_Trailing Functions.

G.

Good idea.

Also add “Debug” (true/false) to user’s parameters to optionally activate/deactivate this function in OnInit().

G.

Good idea.

Also add “Debug” (true/false) to user’s parameters to activate/deactivate this function in OnInit().

G.

Basically, you are describing Peak & Troughs, the ClearMethod, which is just the Price Action.
You started with the Fractal method. Been there, done that (to a perfection….)…
After that you’ll come to a conclusion that you need some more “assurance” or “support” from other methods, like Volume, or market “sentiment”…
Good luck, and many…[Read more]

Basically, you are describing Peak & Troughs, the ClearMethod, which is just the Price Action.
After that you’ll come to a conclusion that you need some more “assurance” or “support” from other methods, like Volume, or market “sentiment”…
Good luck, and many green pips on your simpler way…

G.

Basically, you are describing Peak & Troughs, the ClearMethod, which is just the Price Action.
After that you’ll come to a conclusion that you need some more “assurance” or “support” from other methods, like Volume, or market “sentiment”…
Good luck, and many green pips on your simpler way…

G.

Great Anti. Number 1 : the previous candles are bearish (2 red candles before the white engulfing bar). While at number 2:   all previous candles are white (all 3 white candles in a row, including the engulfing bar). But i can be wrong though …   Edit : i am agree that to discuss only high probability pattern, not to discuss many pa…[Read more]

Great Anti. Number 1 : the previous candles are bearish (2 red candles before the white engulfing bar). While at number 2:   all previous candles are white (all 3 white candles in a row, ibcluding the engulfing bar). But i can be wrong though …

About the indicators. In order the EA to work, we must create a folder name “__EA”  (without double quote) under   …/MQL4/Indicators/  folder , and copy all indicators needed by the EA to this “MQL4/Indicatos/__EA/”  folder.

edit: And thanks for the Pdf too

Great work, thanks a lot Simplex

About the indicators. In order the EA to work, we must create a folder name “__EA”  (without double quote) under   …/MQL4/Indicators/  folder , and copy all indicators needed by the EA to this “MQL4/Indicatos/__EA/”  folder.

Great work, thanks a lot Simplex

This thread is about building an EA, based on Currency-Strength, Price-Action patterns, and Volume behaviour.

That’s the way I trade, for years, on a daily basis.

The Community EA should make this task available to everyone, and should make that task as simple as possible.

G.

I’ll consider changing the thread name to:

“Watch-out: misleading title !!”

G.

Good discussion Simplex … and thanks for the zip file … will try that new toys

This is good post G , thanks a lot

simplex,

Can you please add alert on the first time that a currency becomes the strongest (CIX_v_2_2_post.mq4, or later version)?

Thanks.

G.

simplex,

Can you please add alert on the first time that a currency becomes the strongest (CIX_v_2_2_post)?

Thanks.

G.