Suggestion I will make a Free EA with your Indicator
- Thread starter winidecorw
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I change ea's as per situation. Some ea's work better than the other's in some situation's...
USDJPY today trend is up, appropriate ea is alligator ea, buy mode only. limit number of orders as desired.
Super Arrow works well on usdjpy 15 min chart
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This is good indicator, already use about 2 month after found it on FF forum
indi no repaint because arrow came late
Arrow show 1 bar after line crossing and wait after close candle
on higher TF its good for identify trends up/down
explain well this strategy that I want to program it, Sl and TP?
This is what I am doing:
Using Margin Trader ( can't trade more than one currency at the time ), buy or sell, never against the major trend, 4 hr or 1 hr chart (1 hr being better option ). Exit orders on 15 min chart, wait for another buy or sell signal, depends on major (4 hr or 1 hr chart )trend signal. Direction Turn(indy) works well on 4 hr chart.
Orders have to start manually, than ea works on it's own as there is more capital.
Problem with this system is one has to check chart so often, to start or stop ea.
Today I started with change of the trend, EURUSD buy, was good decision, but then I missed turning point, wasn't looking at the chart, missed more profit. I am using amazon aws, didn't check my phone on time.
Now to the point:
zigzagme and bb-alert-arrows seem to work the best (15 min chart ), both have to have to happen at same time, to open and close order's. If you could create ea with those 2 indicator's, to work like margin trader, add more positions every so often, every bar , pips, or so , than close all position's on opposite signal, another good option would be stop loss, and profit take. First option is preferable. Would be good to have magic number, so one can use it on multiple currencies.
For time being let's stick with EURUSD as each currency has it's own temperament.
At least it would be good to have zigzagme ea as starting point.
Direction Turn and BB sometimes happen , but zigzag is consistent with right direction, and when combined works like a charm for manual trading.
I can put demo mt4 on amazon and test it, and than go from there.
We can see that trend is changing on EURUSD, 4 hour and 1 hour chart. Usually price hit's the point 2-3 time's before change of trend.
1 hour chart Ultimate Arrows happen at the trend change. So from here on, ea has to go into the buy mode.
thx!
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Hi Everyone,
I just found attached MQ4 code for Swiss Army EA v2.01 an account hedge equity protection Trade Manager type EA - found it on MQL5.com forum dated 2015. I can only find manual for v1.51 but the 2 versions are very similar. Can coders please kindly check whether it needs updating to latest MT4 build or not and if so please provide updated working version for current MT4 build. I have not been able to test whether it works on current build or not due to the weekend.
It would be great if some one can add to the hedge option an adjustable parameter of percentage to hedge e.g. hedge 70% of all current active trades if triggering conditions are met. Another good feature would be to add to the triggering condition is % of equity draw down e.g. if account equity is down 50% then this triggers a hedging of say 65% of all current open trades.
I think if this type of account equity manager EA works properly then would greatly assist with grid/martingale EA type trading set ups and should help make such strategy more robust/safe against margin call and improve their performance & profitably.
Coders PLEASE kindly assist with this so every one may benefit!
Thanks,
TN.
I just found attached MQ4 code for Swiss Army EA v2.01 an account hedge equity protection Trade Manager type EA - found it on MQL5.com forum dated 2015. I can only find manual for v1.51 but the 2 versions are very similar. Can coders please kindly check whether it needs updating to latest MT4 build or not and if so please provide updated working version for current MT4 build. I have not been able to test whether it works on current build or not due to the weekend.
It would be great if some one can add to the hedge option an adjustable parameter of percentage to hedge e.g. hedge 70% of all current active trades if triggering conditions are met. Another good feature would be to add to the triggering condition is % of equity draw down e.g. if account equity is down 50% then this triggers a hedging of say 65% of all current open trades.
I think if this type of account equity manager EA works properly then would greatly assist with grid/martingale EA type trading set ups and should help make such strategy more robust/safe against margin call and improve their performance & profitably.
Coders PLEASE kindly assist with this so every one may benefit!
Thanks,
TN.
indi_hunter
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i have an indicator which dos not work on M1 i only have the ex4 file can u work it out?
no ..i cant
need mq4 file to do that
indi_hunter
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thx!