Posts made by roar

@hjmr yes! When detecting the 50 cross, block 1 first resets the cid variable ("candle id") to 0. Then the loop keeps increasing the number, looking for rsi 70 or reaching the limit (lookback)

@hjmr here: https://fxdreema.com/shared/AHuqK5DSb

The draw line is only for visualization

@tedhor07 Why bull candles for both directions, no bear?

@bsinclair ok, do as you wish. Personally I have no interest to build the whole thing - I have seen enough systems to know that this is not hugely profitable, sorry to say.

@bsinclair if its making trades, what is the problem? What block is the issue?

Btw, I think you need some limiting block, to not make multiple trades per 1 signal. Like "no trade" block or "once per bar"

@bsinclair how do you know the indi is ok?

Have you tried this?

This?

@biztet that way you get infite sell trades for 1 buy. Check the On Trade tab, there's better options

@biztet I dont think there is such difference between manual and automatic, its not like manual traders are necessarily any better at spotting turning points. The difference is just that automated systems document the fails better, manual traders can just forget/hide/not talk about them.

Personally I use symmetrical entries and exits. Opening buys also closes the sell trades.

Its most logical for me: when its good time to buy, surely its also good time to get rid of sells.

Test this
https://fxdreema.com/shared/ZTx3A4gJb

Are you sure its not these blocks opening the buys?

This checks if previous buy is in profit. Copy the blocks for the sell case
https://fxdreema.com/shared/lrjGD6Xzb

@biztet the way I see it, all betting systems re-organize random distribution of win, loss, win, win etc. into some systematic distribution, like
small win, small win, small win, big loss
or
small loss, small loss, small loss, big win

Its still random profitability, betting system just makes the randomness harder to see. The market isnt so dumb that it awards you millions of profit just because you know a number trick. No way. Hard-to-see randomness is great if you want to promote your strategy online, or sell your EA in mql5.com, but its bad if you actually put your own money into the gambling machine.

This is why you should just focus on your core strategy (when to sell and when to buy), use constant lot and never even check win/loss combos.

Well, thats my opinion, I'm sure there are other views too

@biztet I don't know about your case, its great if its not gambling, just be careful.

Adding volume to 2-5 x your base trade volume (0.01) isn't a problem in most cases, but the more your lot sizes vary, the closer your trading becomes to a roulette table lol

@jim5129 said in Open New Trade When Previous is Winning Trade:

open a another trade with double the volume, I use this same thing in one of my best EA's, it's one of the secrets the pro's won't share, hope this helps...

This is not a "secret", finance theory even has a name for it: tail risk.

It looks good but I'm 100% sure your EA using Add Volume will get absolutely crushed in a backtest.

Be extremely careful if you want to use betting methods.

Check the menu from upper left: projects -> import

That pips away block always gives problems lol

Here's how to do it without the troublemaker:
https://fxdreema.com/shared/lmSgKgfhb

This also looks a bit like trailing stop, that block could be 3rd option..

@l-andorrà note that the osma condition will not be at the same time as the others. Also, osma is very rarely exactly 0, it usually crosses from plus to minus without being 0 first.

Here's the other thread: https://fxdreema.com/forum/topic/9206/help-me-please/6

@nguyen-duong my example starts from the osma condition, and then it searches backwards in time for the rsi and adx. Candle ID is the time parameter.

Here is another way of doing it, without a loop:
https://fxdreema.com/shared/grIn3uu9d

This checks first the rsi and adx, and "remembers" if those conditions have passed, and then looks for the osma condition.

There's tons of posts about variables, and there's a tutorial section as well, you should look into those

@slashes You are comparing a pips value to a price value.