link here from youtube, to show what I am trying to build?
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Can I put a link here from youtube, to show what I am trying to build?
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Sure, lets see it.
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@line No problem unless you are spamming the forum.
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https://www.youtube.com/watch?v=ExRL4k-MrMM this is the system I want to build, I have tried it out, and it works great manually, so where to begin?
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Can you summarize the rules? I will build it for you.
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@sc8rpion I agree, a list of features to be implemented will help us to create it.
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im working on a version of it, but his rules for reentry are unclear.
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@line It is easier to watch the video I think, but here I can try to explain it, it all happens on the H1 tf, 50sma to show the trend, 8EMA to take the trade, if a candle pierce the candle, the next candle have to start in the direction of the trend and under/over the 8EMA, the adx have 2 levells 15 and 40, under 15 no trade over 40 no trade, all in between is a go, I have added round numbers on chart, so I do not get caught in those areas, I am thinking to have somekind of manuall input to lotsize, and max numbers of trades, I hope it makes sence, and we go for 10 pips only, and the sl could be 50sma, and perhaps only 1 trade pr pair at a time, and perhaps a option to choose sessions, and scanning selected pairs
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@jsauter86 all entries are the same
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@sc8rpion Well, apparently it is not an extremely difficult EA to do. However, I suggest to begin with a simplified version first and then adding more features. I would initally skip all those features like choosing session or scanning select pairs. Have you taken a look at the Instructions pages, btw?
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@l-andorrà yes as simpel as it can be at first, I took a short look at the page, and I my brain blew up, but I will have a try this weekend again, I hope I can see my way out of it at some point
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@sc8rpion Good for you. Omce you get your first sketch, please share it here to improve it.
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Without rewatching the video, if I recall he says that for entry, the previous candle must pierce the 8ema. Then once the current candle does, you can enter trade. But when he does his next trade after that, the previous candle doesn't pierce the 8ema....so perhaps continuing trades can skip looking at that first candle piercing below 8ema?
Again, without looking back, I believe I looked into that and once you allow that rule it makes you take many losses in the future.
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@jsauter86 yes that was what I meant when I wrote, only 1 trade pr pair at a time, so even if it pierce 3time s in a role I would only be in 1 trade, and only trade that pair again, when the first one is finished, and a new piercing of the 8 ema have been made.
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how do I edit the adx levels? Default is 0 and 73, I want them to be 15 and 40, I have the adx in the system but can not see where to do that
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@sc8rpion Do you mean in your EA or your custom indicator?
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I have tried to do it like this, I have now tested the buy side(free user) and I now want to limit the number of trades, I would like to have only one trade active at a time, but how?
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I am missing something -
@sc8rpion Culd you please share the link instead of just uploading images? That would help a lot.
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https://fxdreema.com/shared/nilB5XBXc
is this what you mean?