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Suggestion I will make a Free EA with your Indicator

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ademola moses said:
believe bstrend e.a.. is one of the best e.a ever done by tanaka with assistance of ahmad khan. For the past 6 month it has been consistent with good results. Short time e.g 1. 5minute time frame with trailing stop for scalping and 2.ahmed khan defult setting for 4hr time frame for long trading.
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hi ademola, could you please share your set file for BSTREND on TF 5m. i will check it
 
This is a very simple method that is very profitable if converted to EA

In this method, we use from the RSI to find bottoms and tops for trading. Generally, if the first trade" signal" be wrong and closed with a loss so the expert must uses martingale in the next signal from the RSI.

All trades in the any lol "0.01 or 0.02 or 0.04 or .08 or ...." have TP and SL and we only have a single position on any situation.

Explanation for Buy signal

The RSI indicator must touch the 30 level and After touching that level we will wait to close a bullish candle. The bullish candle is as a confirmation for the buy signal and after that, we will enter in the buy trade.

a Sample for buy signal
upload_2019-9-6_4-24-13.png

The explanation for the sell signal

The RSI indicator must touch the 70 level and After touching that level we will wait to close a bearish candle. The bearish candle is as a confirmation for the sell signal and after that, we will enter the sell trade.

Sample for a sell signal
upload_2019-9-6_4-25-42.png


Using of martingale

when the first trade closed with a loss, the expert will wait to appear another signal" it can be a buy signal or sell signal" till entering to the trade with the specified lot.

for example, if we use 0.01 lot to start so the second lot can be 0.02.

if the second trade or signal closed with profit then the Working cycle will reset and we will start with the first lot"0.01 lot" on the next signal.

but if the second trade closed with loss so we will wait for the next signal "third signal" and after NEW SIGNAL enter to the trade with specified lot.

in The Expert Input, we need to enter the volumes manually

lot1: Assumption 0.01
lot2: Assumption 0.02
lot3: Assumption 0.04
lot4: Assumption 0.08
lot5: Assumption 0.15
lot6: Assumption 0.3
lot7: Assumption 0.6
lot8: Assumption 1.2
lot9: Assumption 2.4
lot10: Assumption 4.8


Also, we need to enter the stop loss and take profit for any of the positions based on pips.

for example:

SL: 40 pips

TP: 50 pips

And also we need to enter the indicator period number manually and the default number is 14.


One important note

Question: when a position is open and the expert find a new signal , the expert must close the current position and enter on the new signal?

No.when a position is open and The tp and sl didn't touch yet so all of the signals that found with the expert will be invalid
 

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James226 said:
Find attached TREND SIGNAL EA. EA better on high tf from 1 hour above. Let's backtest, and optimize set files. Thank you.
Click to expand...
Thank you, I like it very much because it has a very complete Set Template that allow me to add filters.
If some one want to test it like me I can share this new set template that I think is very good for this EA.
If someone test it and find the right TF and pair (including Gold) please send me it by pm.

p.d, these universal set files can be used by others similar EAs with Tanaka set templates too like Zaman's EAs. please test and let me know the good results.

regards
 

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James226 said:
Please, find updated TREND SIGNAL.

CHANGES ADDED
1. lot size can be changed
2. Trading days can be selected
3. Trading time or period can be selected. Since the requested wants to limit trading on a particular time on Friday.
Martingale option removed
Click to expand...
Hi James,
Quick questions;
What is the start lots?
Trading days = Signal Period ?
Thanks.
upload_2019-9-6_14-17-54.png
 

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James226 said:
Please, find updated TREND SIGNAL.

CHANGES ADDED
1. lot size can be changed
2. Trading days can be selected
3. Trading time or period can be selected. Since the requested wants to limit trading on a particular time on Friday.
Martingale option removed
Click to expand...
Hi, can you share directly mq4 please ?
 
James226 said:
If anyone is interested in getting the source code, you might need to show evidence of further work you have done to get good settings. Then you will earn the source code. If we don't all work together, this thread could die. We all don't want that to happen.
Click to expand...
Thanks James226, for the courage of standing up to help. :ok::ok::ok:
 
James226 said:
Please, find updated TREND SIGNAL.

CHANGES ADDED
1. lot size can be changed
2. Trading days can be selected
3. Trading time or period can be selected. Since the requested wants to limit trading on a particular time on Friday.
Martingale option removed
Click to expand...
Hello James226, thanks for your efforts. I noticed that only the martingale is removed, no input to change the lot size and trading days/time. Please can these be adjusted.
Thanks in advance.
 
James226 said:
Please, find updated TREND SIGNAL.

CHANGES ADDED
1. lot size can be changed
2. Trading days can be selected
3. Trading time or period can be selected. Since the requested wants to limit trading on a particular time on Friday.
Martingale option removed
Click to expand...

Hi, I can't see this options in latest version... something wrong?
 
James226 said:
Mq4 is only going to be given to the person with impressive set files. We all have to participate in getting a good settings for any EA we create together here. We can all make it happen together.
Click to expand...
Excellent reply... they can build they own if they really want... do not understand why people are so damn lazy... lol
 
Hi guys!!! First of all thanks to Tanaka for coding such amazing Experts.

I coded this Expert based on an indicator that was posted here in this topic. I confess that I found no configuration that would make it profitable. I added simple parameters because I am still learning mql4.

I am willing to code Experts with good Indicators.

Test it out.
 

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