@biztet Id say that goes for all of them. Any time you think an indicator has worth, put it to the test and only use that indi to go long or short for whatever the conditions say. If it isn't at least 50% effective, its poo. I think youd be hard pressed to find 1 that is better than 50%.
would that be a draw line block with no parameters chosen aside from maybe "horizontal, after the condition block...or just a draw line block, with the parameters of it being that candle I'm seeking?
same here. maybe fxdreema got rid of it himself? lol
i prefer to use ATR to take profit and set stop loss
Could someone assist in this thought?
I want to be able to reference a specific candle later on after price does a certain thing.
For instance, if the 15M candle crosses yesterdays high, I want to set that candle as a variable so that I can recall it in any # of candles from now.
perhaps it would be better to draw a line at the base of that certain candle and then use the line for reference?
@vancedavid under the conditions block, select market properties, and then you can look at the highest or lowest # of candles or time that you specify in there. a lot simpler than a code I think.
Id spend the few bucks just for a month, at least as a way to say thanks for making this software possible to the creator...even if you think its 1 time use.
in the condition block, you can select (on trade)Event Data, and subselect "Open Price". I think when you select that, it can only be used in the pink blocks, under the "on trade" tab. I dont think it works on the "On Tick" tab.
i think in the pink look trade blocks, there is a way to reference open price. I''ll reply again with a EA that shows it, or will tell you the block.
that is set to an 1xATR of the last 5 days
knowing that ATR when doing the math is literally a translation of "pips," that makes it easier to find a solution to closing each opened trade with a target of 2xATR. I'd do it like this:
look at the buy now block
someone already replied to the other thread you created. they did tell you the same thing. try not to recreate threads please.
dont mix the pink conditions under blue. keep similar colors with the looping if trade blocks...i think thats what i saw was a problem recently.
in the journal it will tell you this issues specifically sometimes.
@rider ah right, cause its looking immediately for the last 3 candles, despite when it was opened...sorry, not at the moment. I'm thinking maybe I'd figure out how to delay it for 3 candles...or use a separate condition that is a loop that only takes places during trades. Many ways to do it, nothing bright from me at the moment.
sorry I dont have mt4 anymore and refuse to go back to it otherwise I'd test it out. I'll check the code real quick.
I personally don't like those custom blocks. I would rather define what is a bull or series of bear candles, by using a condition block or 2. For instance:
Condition block
Market properties, ask
cross above
Market properties
highest price, candles period (1 - 3?) (1h)
"So that 1 condition would say; for the last 3 hours, if ask crosses above the highest of the 3 candles..."I would rather define a "bear" scenario like that, rather than to just use 3 "bear" candles for a code on something that can be changed my the dev at any time without notice.
It depends on how your EA functions and what the purpose of the block is in relation to everything else.
You may want to only search for the age of 1 specific thing once a day, during a certain time...or check the age of something, several times a day for instance.
https://fxdreema.com/shared/BpjfHzh5e
you can try those blocks in place of the conditions that I sent previously. Those are some custom signals that FXDreema made.
@gorilla no, but I would using a smaller time frame in testing. You should be able to test it in the smallest time frame that you've specified with a single block in your EA. I initially tests ideas on a 2 year time frame at a minimum. I try to build trading in a 1 hour time frame, but it just all depends on your EA.
Are you intraday? short term? "swing"? whats your trading goal? this is the most important piece of information you need to start with when designing an EA. Whats the goal, how often to trade, etc.
no, it can stay in its own chain.
See this link: https://fxdreema.com/instructions/builder/things-not-to-do
Check the 2nd one down.