@line Thanks, but that is not what I am looking for . On my buy conditions you have programmed to sell! I have the BUY element of my strategy done and it works profitably on certain currency pairs, 15 minute charts, during London/Euro market hours.

What I want now is to do with the same for short trades. I want the a SELL to execute on the following conditions:

• Previous candle close is a bear candle
• Previous candle close below EMA5
• Previous candle close: MACD Main is below 0.00 line
• Previous candle close: MACD Main is below MACD Signal line

Upon all the above, Sell trade open with 15 pip stop loss, trailing so that for every 15 pips price goes down during trade, stop loss moves down by 15 pips.

I cannot understand why the EA I shared with Andorra does not properly fulfil this strategy and stops out trades (as per screenshots).

@line Thanks Line. Hope you're well. I literally just noticed I need to check the optimization boxes in the EA to have them included as changeable parameters in the Strategy Tester and was about to post that I have worked it out.

@q8carpenter Ah wait no...seems to be working now. Thanks man!

@q8carpenter Hi there. Thanks for taking a look. I tried that but still only get this alert which does not indicate which of the currency chart the opportunity relates to:

Apologies if this has been covered elsewhere.

I have created a basic alert EA if conditions become true, and have applied it to the charts of a number of currency pairs. However, when the alert shows it does not indicate which specific currency pair chart it relates to. How do I pull this information into the alert that appears on screen?

Many thanks in advance!

Hi All,

Created this EA: https://fxdreema.com/shared/dF8kulwhd

Went to do a quick backtest on GBP/USD Daily from 1st Jan 2019 to 30 July 2020 and for some reason the visual MT4 strategy tester immediately indicated the test was over with no trading data and a visual chartshowing dates from June 2018 to December 2018 (???).

I tried running another EA of mine with the same parameters and worked fine.

Looking at the project I cannot figure out why the EA would not work.

Thanks for taking a look.

@jsauter86 Thanks. That's actually where I got the DPO indicator!

Thanks for the comments guys. Always much appreciated.

Not sure how I would tell the EA not to close e.g. a buy trade if the indicator crosses above zero. In any event, I identified a further problem with this thinking and it is the 'messy' way the indicator crosses the zero line which would not work (it would still close what would have played out as profitable trades):

In the above, their was a fractional cross below the zero line after a cross up which would have cut the trade out.

My only solution is to have a cross above (sell) or below (buy) DPO zero line as an exit action after a 1st Take Profit has been met...by which time the DPO line will be cleanly above or below by some distance.

This works quite nicely to exit profitable trades...but the search or a good exit indicator to identify trades that are destined to hit the SL and cut these out to save pips continues! Any suggestions would be greatly appreciated

Really hope someone can help me with this one. I have been looking for an effective exit indicator and, visually, the DPO as a zero-cross exit indicator seems pretty good.

Trouble is, other conditions in my EA may open Buy trades, when the DPO is below zero, and setting the DPO block condition to exit these when the DPO X< 0 does not work.

This illustrates such a trade and where I want the DPO indicator EA to exit the trade:

Does anyone have any advice as to how set parameters and conditions to achieve this later cross back below the zero line as an exit, whether or not the Buy trade opened when the DPO was below the zero line?

I have been having this problem generally with potential exit indicators, not just the DPO and it would be a big help!

Thanks.

Hi All,
I thought I would try out NNFX's strategy/advice for money management in an EA. Essentially it is this:

1. Express current ATR value in pips (ATR X 10,000 = ATR_PIPS)
2. ATR_PIPS X 1.5 = Stop Loss pips (SL)
3. 2% of current balance = RISK
4. RISK / SL = Current PIP VALUE
5. Calculate Lot Size to reflect current PIP VALUE so risking only 2% of balance on the trade

I created variables and formulae in the following to cover 1-4 of the above: https://fxdreema.com/shared/wTS8dsTI

My questions are as follows:

1. Is this (creating the variables and formulae) the right way to go about achieving this?
2. If so, where and how are these formulae placed/linked in the EA?
3. How do I convert PIP VALUE to Lot Size and add this to the EA (e.g. another variable and formula?)
4. How should the resultant variables be loaded into the Buy / Sell blocks?

Many thanks in advance!

@line Thanks Line. Hope you're well. I literally just noticed I need to check the optimization boxes in the EA to have them included as changeable parameters in the Strategy Tester and was about to post that I have worked it out.

@roar Default values. I see what you mean: Check the Optimization box and play around with these:

Can't say I know what to do with these inputs though. And it only seems to give some of the inputs. For example, it is an option to alter the 100 EMA input to some other timeframe, but the EA also uses a 500 EMA...can't see that anywhere to tweak.