Posts made by TipsyWisdom

the block is circle red, right click and turn it on.

the logic would be to place the desired stop loss into a varible, and then use a variable modification block, or formula block to create another variable, that is simple the value of first variable(ATR*20000) - 22 pips, and the modifed results would be your 2nd variable and new SL. From there, within the Buy block, you would set a custom pip value to your SL, then use the value selection and right click, selecting your final modified variable.

Sorry, I don't do MT5

"Check Trades Count" Block

in the buy or sell condition, it exists in the expiation tab at the bottom

@biztet no, I do not consider things in my trading. I don't factor news especially. Most of my trading strategy relies on very small percentage risk, very specific timed entries, and price action. For the EA I linked, it relies on 1 indicator and price action, all across 5 different time views.

holy shit...i didnt realize the awesomeness that I just posted. hahaha the results are good. see screenshot for a 15M run of all of 2020, 10 pip spread.

I think for 2020 it makes a few trades, and they are all winners?

https://fxdreema.com/forum/topic/11505/free-ea

@biztet I did put a free very simple EA in the tutorial section. I took that one, made a few changes to it and produced a very good ea...on backtest. But I've got another EA going with a piece of that strat built in so we'll see how it goes. with forward testing

@biztet are you profitable?

Absolutely. I will let you know after forward testing is complete. I think I will have enough data in February. So far it traded exactly as historical. 4 win, 1 loss...and that was on a week for shorting.

Hello folks, I am interested to know what is the blocks that I would use for the logic of;
If a long order has been placed on one pair, open a short order on another pair.

at this moment I just realized that you use the modify variables block to modify variables rather than reusing the formula block and placing the value of the first variable on the left follow by the 2nd variable giving me a 3rd variable.

Thanks for asking that questions Z and thanks R for the response!

@l-andorrà said in Buy close and sell close strategy, someone can do it?:

@piotras10000 How are those candles identified? Why are those candles selected for a trade and not any other one?

Because they are the best ones in hind sight, like all the best youtubers point at! hahaah

@biztet said in Do you use your EA for live trading?:

Hello World!
This tread seems like an open/general tread and so i'm saying it here. And to answer this tread question is, YES.
Maybe i'm lack of strategies in playing with candle/lines/price, or not understand at all. Reading all your questions with all the strategies, calculating this and that, comparing prices and candles, i feel like i'm the only person with simple strategies. I just use custom indicators, but not much filter, hoping to make it a profittable entry. Maybe that's why my creation cannot make profit all the time.

What kind of price action have you integrated into your EA? Do you trade specific times of day? Times of the week?

@migen said in Do you use your EA for live trading?:

@l-andorrà said in Do you use your EA for live trading?:

@seb-0 I'm a firm believer in karma. This is why I try to do as much good as possible to the world of forex. I hope some day the world will reward me for that in the form of a good profitable EA! LOL

Have you ever read about Alien System :https://www.forexfactory.com/thread/463573-aliens-extraterrestrial-visual-systems
Do you have any interest in it ?
I try to build EA for this system.

Just read through that real quick, here are my thoughts:
The problem with moving averages is that history is not an indicator of future action, if it was we would all use the same indi and we'd all be good traders. This is why indicators are never THE answer. Indicators should be used to compliment or confirm price action. I would avoid wasting time basing solely on that 1 indicator. So if anything, that might be a good start.

@jsauter86 and both absolutely never draw down more than 30 pips per trade, or even 3% of absolute total of beginning money balance.

@l-andorrà if you're asking about the one running, It made $30 this week only risking 1%. Now I've merged 2 EA's together that operate on different price action rules, so we'll see what happens. Both are 78-80% accurate.

@l-andorrà The one that I posted? Yes. It takes winning trades with good profit percent based off only 2 rules. It doesn't take many trades.