Let's discuss this idea.
Imagine you know the future (like Sai ;) and want to tell EA: "don't open BUYs under this level" or "open new BUYs only above this trend line".
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How it can be improved?
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Sir, in trendlines, can we have sl as close the trade when a candle closes below trend line in particular time frame?
Say for ex, if I draw trend based on 2 hrs, then I want to close the trade when a candle closes below in 2 hrs tf. I know that it would be risky such way compared to an absolute SL. But would like to know, if it is possible sir.
Sir, in trendlines, can we have sl as close the trade when a candle closes below trend line in particular time frame?
Say for ex, if I draw trend based on 2 hrs, then I want to close the trade when a candle closes below in 2 hrs tf. I know that it would be risky such way compared to an absolute SL. But would like to know, if it is possible sir.
Yep, one more parameter is needed — "use closed bars only".
Hope it shall be applicable for opening the trade as well. It should open trade only when a candle closes above/below the trend line but not immediately.
1. Only mq4 and mq5 can be used.
2. Show your example of using please
Find, I am also attaching my set to better see the trend lines.fractals-adjustable-period-trend-lines.mq4
Hope it shall be applicable for opening the trade as well. It should open trade only when a candle closes above/below the trend line but not immediately.
Yep, it will
Find, I am also attaching my set to better see the trend lines.fractals-adjustable-period-trend-lines.mq4
Dante, you can add lines automatically... but how to use them? For opening, for closing, above or below the lines
Dante, you can add lines automatically... but how to use them? For opening, for closing, above or below the lines
I am looking for figures that give signals, but it is not easy to understand.
In search of elements that give codable signals these indications could be better and clearer than the trend line. 1) I understand that your TDI does not take into account some important elements such as the break of 32 or 78. 2) The Auto-Fibo indicator creates interesting areas of support and resistance that could be exploited to avoid trades or enter openings countertrend.
TDI-RSI-Dz-VHF_Adaptive_Alerts.ex4
In search of elements that give codable signals these indications could be better and clearer than the trend line. 1) I understand that your TDI does not take into account some important elements such as the break of 32 or 78. 2) The Auto-Fibo indicator creates interesting areas of support and resistance that could be exploited to avoid trades or enter openings countertrend.
TDI-RSI-Dz-VHF_Adaptive_Alerts.ex4
You can add this indy and these signals as new idea here
This should be very interesting,
and simple to configure.
Range grid, outside the grid then no deals, so it become semi automatic EA.
Cool idea from my point of view
The idea is to trade small range bound identities or whenever currency is moving in range bound zone.
Say for example, NGUSD, we will buy in grid/martingale as long as it is between 2 to 6. and sell between 6 to 10. And close the trades when reaches certain global profit. May be we need to be careful when the entity reaches the boundary and needs refinement/study further/SL.
Simply we can disable trades as desired based on the current price and enable martingale. But it does not help the backtest feature.
Hence calls for requirement of the filter with input as prices i.e. buy between a & b and sell between x & y.