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Suggestion I will make a Free EA with your Indicator

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biztet said:
Sir Tanaka, regarding the same matter with the image attached.
The trade open for a month and growing the DD until Blow!

So is there any way we can apply this logical thinking to code in the ea just to prevent a big loss?


https://soehoe.id/i-will-make-a-free-ea-with-your-indicator.t9801/page-847#post-316951

not in the same candlestick. i'm just showing that the trade is in loss.
any suggestion?

if its possible, you decide which is applicable, either same candle which need to use higher timeframe, or counting pip loss regardless how mane candle as long the profit is still (-) negative.

thank you for your time.
Click to expand...


Sir Tanaka, i searched for Drawdown Controller to set Max DD or equity something like what i requested.

https://www.tradeviewforex.com/software/metatrader4/ea/drawdown-controller

https://www.equitysentryea.com/

If you have something similar, can also add in your template.
 
Hello Mr Tanaka, I am using the EA Super Arrow indicator (revE) version, changing the pips step parameter to 21, but it seems to work incorrectly, please check back, see detail in image, thank you.
 

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Aggy Amir said:
Hi Mr. tanaka akiko

I have a concept here. About Fibonacci retracement with GOLDEN RATIO 61.8

Rules:
1. Fibonacci retracement will review 200 candle before for HIGH and LOW
2. It will set the retracement based on Fibonacci number
3. For uptrend...if the price fall down and hit 61.8 fibo retracement --> it will set open BUY
4. For downtrend....if the price rise and hit 61.8 fibo retracement --> it will set open SELL
5. The Target Profit will be the HIGH/LOW Fibo 0.0 Retracement.
6. combine with RSI 80/20 will be perfect.

This method is quite proven in manual trading myself.

Can you code based on the rules and picture attached? Many many thanks.
View attachment 88613





View attachment 88614
Click to expand...


I can help you coding this strategy friend... let´s talk by telegram... @olotill so we can discuss about all strategy details... and pairs that works for getting better setting
 
Adham said:
here is the multi time frame indicator
Click to expand...
Your description:
// Buy entry: Price was under Band the last X candles
// fl24 trigger: changes color to buy=blue
// fl23 exit filter: color = blue
// Filter on M15: "FL23 Multi TF H1 H4.ex4"
// Filter on M30: "FL23 Multi TF.ex4"
// Exit: fl23: color = white

The "FL23 Multi TF H1 H4.ex4" and "FL23 Multi TF.ex4" give exactly the same signals...so I will only use the first one...
 
Aggy Amir said:
Hi Mr. tanaka akiko

I have a concept here. About Fibonacci retracement with GOLDEN RATIO 61.8

Rules:
1. Fibonacci retracement will review 200 candle before for HIGH and LOW
2. It will set the retracement based on Fibonacci number
3. For uptrend...if the price fall down and hit 61.8 fibo retracement --> it will set open BUY
4. For downtrend....if the price rise and hit 61.8 fibo retracement --> it will set open SELL
5. The Target Profit will be the HIGH/LOW Fibo 0.0 Retracement.
6. combine with RSI 80/20 will be perfect.

This method is quite proven in manual trading myself.

Can you code based on the rules and picture attached? Many many thanks.
View attachment 88613





View attachment 88614
Click to expand...
Its pretty difficult... but if you provide mq4 file which produce buy sell signals,
Otherwise to create indicator from scratch is difficult
Maybe this indicator with 10 days settings on H1
 

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Last edited:
reteid2222 said:
Your description:
// Buy entry: Price was under Band the last X candles
// fl24 trigger: changes color to buy=blue
// fl23 exit filter: color = blue
// Filter on M15: "FL23 Multi TF H1 H4.ex4"
// Filter on M30: "FL23 Multi TF.ex4"
// Exit: fl23: color = white

The "FL23 Multi TF H1 H4.ex4" and "FL23 Multi TF.ex4" give exactly the same signals...so I will only use the first one...
Click to expand...
yes correct except the price must reach the bands whether the signal comes above or below bands
 
reteid2222 said:
So I will code exit:
- price reached other border
- exit indi shows signal
- both
Click to expand...
ok it should be the price reach the other side of the band but because i cannot monitor the trades all the time i use fix TP 15-20 Pips depending on the pair
 
Wael Gad said:
Hi Sir,

its great work, can you please turn Bandit flash to expert.

Just follow the allert, TF 1h.

It will be a rocket!!
Click to expand...

I have been using Bandit Flash to trade manually for a while.

Agree. It's very good for M30 & H1 TF.

Please kindly consider making an EA for this, Mr Tanaka.

Thanks.
 
@reteid2222 Can you check your inbox, please? I had sent you a strategy with SMA which is quite complicated to code for tanaka! I will be really happy if you give a try! It's good if artificial intelligence is able to identify correct entry positions only.
 
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