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Well of course Don...just looking for confirmations thats all..
You know a momentum lagging indicator would be ideal for your method.
ES
If you look at the title of the thread, it is PipMaker v1 - Price action based EA... The only reason I added the EMA was to help identify trend. that's it... The whole point is to not have to rely on indicators! Indicators LAG, price does not!
here its!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
There is an indicator missing..
thank you for sharing
alex
I moved those two EAs to here https://www.mql5.com/en/forum/173061
I puted:
extern int MaxBuys = 5;
extern int MaxSells = 5;
but is not working. I have 7 sell trades.
https://www.mql5.com/en/forum/177291/page8
I see encouraging survivial here. My account is up $54.52 since I downloaded 2 days ago on a start balance of $2,818.30 and drawdown is minimal and qualifies my sniff test thus far...see the above link.
ES
You know a momentum lagging indicator would be ideal for your method.
ESSince I am only using a EMA right now to ascertain the trend, what kind of Momentum indicator would you recommend?
I have also changed the EA. Before the Ask>Trend and Bid<Trend was the only indication of direction. I have added a TrendPrev and now use TrendPrevTrend for Sells.
Don
PS See Post #1 for updated version.
Actually do not change a thing yet. I want to test, before I continue to make a fool of myself., Great Job Sir...I am getting profit on that simplified EA posted, with its default settings. My drawdown is held to a minimum and I am not using much margin.
(Secret: I used to drive for Swift in 1996 as a company cross country driver and then later for Crete as a cross country driver and then to become an owner operator for Crete)
ES
Since I am only using a EMA right now to ascertain the trend, what kind of Momentum indicator would you recommend?
I have also changed the EA. Before the Ask>Trend and Bid<Trend was the only indication of direction. I have added a TrendPrev and now use TrendPrevTrend for Sells.
Don
PS See Post #1 for updated version.The newest version has the Ask>Trend and Bid<Trend at the bottom of the Start routine hashed out. It can easily be reversed.
Don
....................
??? what happened?