PENDULUM + MARTINGALE SCALPING(?) for XAUUSD

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Hello Community, l was wondering if anyone currently has this kind of set file for the EA;

Step 1: 

Image 2346

Step 2:

 

Image 2347


That is basically it, either PRICE hits its initial TP or it reverses and vice-versa. I apologize if it all seems too rudimentary and yet here l am; l actually tinkered with the EA but to no avail, l just cant seem to make it work.

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1
Andrey Khatimlianskyi

Paul,

Try Directional change filter + Apply martin after closed loss

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0
Ulises Cune
Quote from Paul

Thank you for taking your time to respond. l will be taking a look at the zigzag indicator immediately. 

BTW, am l allowed to mention a different EA in our community? l am pertaining this https://www.mql5.com/en/blogs/post/727512. (l tried the free version; where you cannot adjust distance of the Stops and TPs.

For the meantime, to the zigzag l go.

EDIT: l just read upon the zigzag. On the thread topic setup; there is no hedge nor grid, just the swing of the price. Tight stop orders and TPs, considering how volatile gold is, either direction is a profit (in theory), albeit too small.

Have you read in the zigzag documentation all the types of filters it has?


https://docs.google.com/document/d/1ww1M97H54IBwtCKZDhxtqsTsrtEMKofXHMEWMGCyZNs/edit#

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Paul
Quote from Sai Pratap

I did not understand ur idea. 

But have u tried Zigzag indicator available on CP?

Thank you for taking your time to respond. l will be taking a look at the zigzag indicator immediately. 

BTW, am l allowed to mention a different EA in our community? l am pertaining this https://www.mql5.com/en/blogs/post/727512. (l tried the free version; where you cannot adjust distance of the Stops and TPs.

For the meantime, to the zigzag l go.

EDIT: l just read upon the zigzag. On the thread topic setup; there is no hedge nor grid, just the swing of the price. Tight stop orders and TPs, considering how volatile gold is, either direction is a profit (in theory), albeit too small.

Avatar
0
Sai Pratap

I did not understand ur idea. 

But have u tried Zigzag indicator available on CP?