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Wow! Radical modification on the indicator usage. Thanks for the contribution. By the way, can you please upload togather with the indicator? I mean your "Good MACD"
Regards
DavidYou will find it in this link:
Forex | Trading System | Signals | MACD | Indicator
or just use regular MACD indicator, but change the name to GOOD_MACD
Attached is my very simple version no indicators required the only problem is i can't seem to get the reversal signal to work properly.
Cheers
Beno
Attached is my very simple version no indicators required the only problem is i can't seem to get the reversal signal to work properly.
Cheers
BenoIts working fine. I just backtested it.
Regards
David
Gidday David
Sorry I did not explain my self correctly what I have been trying to do is on each new open look back and see which pattern is there be it long or short if neither exist 1) do not open any new positions 2) if positions are open close them and wait for a new pattern.
The other thing I have been looking at is setting a percentage (AccountEquity) based SL I have been searching the various threads looking for info on weather this has been done before. Do you know if it has?
Anyway just thinking out loud
Cheers
Beno
Gidday David
Sorry I did not explain my self correctly what I have been trying to do is on each new open look back and see which pattern is there be it long or short if neither exist 1) do not open any new positions 2) if positions are open close them and wait for a new pattern.
The other thing I have been looking at is setting a percentage (AccountEquity) based SL I have been searching the various threads looking for info on weather this has been done before. Do you know if it has?
Anyway just thinking out loud
Cheers
BenoOK then, you'll need to add in a function in the EA to close off the order. Or else, it will take the previous order's direction as the current order's direction. AccountEquity stop loss version has been done before out of TSD at Yahoo Group.
Regards
David
cheers David
thanks for the up date
Hey Beno
It's Rugby time, the Sharks are on their way over mate. :-)
Cheers
Wayne
Gidday KaMpeR
ARC RUGBY
It's going to be great
I'm sorry but I don't know how to code the function or where it should go could someone please have a look at it. or some guidance would be great.
It may look like I'm lazy but I'm not I have been learning but it just does not seem to stick in my head. and if you don't use it you lose it I guess.
cheers
Beno
p.s
Wayne
Crusaders will win Super 14
Its working fine. I just backtested it.
Regards
DavidWorking fine for whom? For broker?
I used your updated expert yesterday night on GPB USD
I had won 26$ and lost about 80$ and this is not backtest. that's for real
you should make your expert at least recognize the trend immediately, otherwise there will be more losses than wins unfortunately!