User lines on chart as filter

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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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Adding a filter with prices as input

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.

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jay hu
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It is a very excellent idea. Please reference the attached linear-regression-channel indicator. I will try to locate the source code of it. Keep up the superb work, Andrey!linear-regression-channel.mp4

linear-regression-channel.ex4

https://www.mql5.com/en/code/8016 Please reference the link above.

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jay hu
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https://www.mql5.com/en/code/8016 Please reference the link above.

https://www.fxpip.one/tma-bands-strategy-in-forex-robot-mpgov3-2-5/ Could we implement CP to use TMA band strategy? This is also an efficient channel.

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jay hu
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https://www.fxpip.one/tma-bands-strategy-in-forex-robot-mpgov3-2-5/ Could we implement CP to use TMA band strategy? This is also an efficient channel.

TMA.mq4

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Quote from jay hu

https://www.fxpip.one/tma-bands-strategy-in-forex-robot-mpgov3-2-5/ Could we implement CP to use TMA band strategy? This is also an efficient channel.

You can use it as a 3rd party indicator.

We also have TMA as a MA type in MA filter.

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jay hu
Quote from Andrey Khatimlianskyi

You can use it as a 3rd party indicator.

We also have TMA as a MA type in MA filter.

Thank you.

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like this when have feature like entry points pro  indicator

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Andrey Khatimlianskyi
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