Posts made by SirBoyce

@trader-philipps Agreed! If it helps, these are the parameters that appear for the indicator in a condition block. Problem is...I can't see that there is any parameter that relates to the event of an up arrow buy signal or down arrow sell signal.

@tom-5 I well understand price action. I am looking to use the indicator only to draw my attention to possible price reversals in the markets for entry. I am looking to use pivot points and daily highs/lows, Fibonacci levels for TP and SL, possibly a trailing SL based on fractals that I already have set up...certainly not the signals given by the PZ indicator.

@tom-5 Thanks for the comments. Interesting. I am not looking for a magic bullet (there is no such thing) and not looking to use this indicator as the basis for my strategy, however. I am actually considering this indicator as a useful S&R indicator as part of a set of conditions to trigger a buy or sell trade (in the H1 timeframe). This is why I am enquiring as to how to create a block in FXDreema that tells the EA to trigger on an up or down signal appearing. Hope this makes sense!

0_1576010720093_RM_DayTrading.mq4 There you go! I want to automate it into an EA so that the EA will buy on an 'up arrow' signal, sell on a 'down arrow' signal. Not sure how to create a constant around that. Thanks for your help.

Hi,

Has anyone got any experience with this indicator? I want to automate the buy and sell signals into an EA.

Thanks in advance.

@toastmaster Hi Did you find out how to get FXDreema to open a buy on PZ Bullish Breakout Box and sell on Bearish Breakout Box indicators?

@sirboyce The above is leading into a sell now execution. You would, for example, make the same condition but with an X> parameter to lead into a buy now command...depending on what your strategy is of course

Example:

Yeah, if in the condition you set MA(fast) x> or x< MA(slow) and on Candle ID 1 close. That will execute a trade on the open of the very next candle

Bit of a long shot I know, but does anyone have a component of an EA that can indicate when a market is entering a volatile, choppy and sideways phase. It would be great to avoid opening trades during these periods!

@l-andorrà Thanks for trying. I ran the settings and they didn't quite work the way I wanted them to. Good food for thought though.

On testing, I had a bunch of winning of trades that hit e.g. 30 pips at their peak and closed for 15 pip profit and wanted to add a trailing SL that would perhaps take 20 pips rather than 15. Also, had a number of break evens that easily went above the 5 pip mark, and wanted to add a SL starting there so I could take 5 pips rather than 0.

@trader-philipps OK, I have worked out the first bit; getting a break even put in at trade open when trade moves 5 pips into profit by doing this (where check profit is >= 5 pips, and Break even is set to 0% of TP):

That has helped the performance by cutting at break even what would of been a bunch of small losses (typically 5-10 pips) during lower volume, ranging price action, or up and down short-term market volatility.

All I need to do now is add a trailing stop loss block, where the stop loss starts at 5 pips in profit, and moves by 10 pips every time the trade moves a further 10 pips. Could you show me the parameters in the trailing stop loss block please?

@trader-philipps Can you screenshot an example, because I don't quite follow you're thinking. Thanks.

Hi All,

I would like to build the following into my project.

On either Buy or Sell Open:

• When price moves 5 pips in the direction of the trade, break-even is set at trade open price

• After the above; for every 10 pips price moves in direction of trade, stop loss moves in same direction by 10 pips.

So, trade 5 pips up - trailing stop appears at break even - price moves up to 15 pips in profit - stop moves from break-even to 10 pips - price moves to 25 pips in profit - stop moves to 20 pips up etc. etc.

I'm not sure whether this achievable with a trailing stop block only, or a combination of the break-even block and trailing stop, check order block. Can someone show me how this achievable?

Many thanks!

@sssorsss I assume you want the buy to open at the point where the EMA5 crosses above both the EMA10 and the EMA 20, and to close the buy when the EMA5 crosses below both the EMA10 and EMA20? I can't think what else you could mean.

If my understanding is correct, I have built a project last night that opens and closes on those conditions.

@sirboyce FYI, these are the test reports over period 2nd - 28th September 2019 (spread set to 5, 0.2 lot size)

EUR/USD

EUR/GBP

USD/CHF

Appreciate your comments.

@trader-philipps Thanks. I set the test to a 5 spread, and the GBP/USD test still messes up because of the SELL trade not having a S/L (that is one without the SL you mentioned).

Looking at my EA project, and based upon a spread of 4-5 pips, could you suggest how to calibrate the stop loss parameters to compensate?

@line I tried all of the above. The problem appears to be pretty much all to do with the Sell trailing stop loss aspect of the EA not firing as I should for no reason I can work out

@trader-philipps OK, so what would you recommend changing the spread to on all tests? I am more concerned about incorrect stops, lack of any stop loss being applied upon trade open, trades not being opened on the conditions I have built into the EA etc.

@trader-philipps I think that's the least of the problems with this testing