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The latest topics with attached files (Forex robots, Forex Indicators, etc..)

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EA Asia Scalper

by vadvid

Moving GRID EA

by Querido

Indrafxscalping v8

by Fajar Hida

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Highest Forex Leverage 1:3000!

Try your Forex Robot with the highest leverage 1:3000! All Forex robot strategies allowed! Scalping, hedging, martingale, etc...

If you make a deposit as small as $10 in your Forex account, you can enter trades with $30,000 buying power. If you deposit $200 you can enter trades with $600,000 buying power.


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1

(5 replies, posted in PRO Forum)

AnthonyT wrote:

BT 2018.0101-present.
Looked good initially while market was ranging. However when market went into trending mode, the EA got caught on wrong side of trades and found it impossible to recover (DD > 70%)
Need to limit Max Trades to a practical level based on your account etc when BT. Has potential if can enable trades to only open in direction of trend.

My questionis: Does anyone have a good indicator to find when a pair is ranging?

2

(5 replies, posted in PRO Forum)

BT 2018.0101-present.
Looked good initially while market was ranging. However when market went into trending mode, the EA got caught on wrong side of trades and found it impossible to recover (DD > 70%)
Need to limit Max Trades to a practical level based on your account etc when BT. Has potential if can enable trades to only open in direction of trend.

EA CROSS MA MARTY( For Martingale traders Only)

Features:

1. SELECTION of OP EARLY WEAR STRATEGY CROSS MA I.E. USING two MOVING AVERAGES (FAST AND SLOW) as an INDICATION of the CHANGE in the DIRECTION of the TREND. SETTINGS YOU CAN CHANGE THIS ITSELF IN THE MENU OF EA.
2. TRADING HOURS
3. MARTY (OP EACH SPECIFIC RANGE by MULTIPLES of the LOT)
4. TP IN MONEY (the EA WILL CLOSE ALL the OP when the DOLLAR REACHED the TARGET)
5. MAX OP (EA WILL LIMIT the NUMBER of OP are MADE SO that the MARGIN of AWAKE)
6. COMPOUND LOT (LOT BE MULTIPLIED ACCORDINGLY the EQUITY)
7. DAILY PROFIT TARGET (EA WILL LIMIT the AMOUNT of DAILY TARGETS AS SET by the TRADER.

Time Frame: 5-15mins, Pairs: Majors( Low Spread recommended)

B3 is a Grid Trader. Its basic design is to use MA to determine market conditions and bracket the current price with a STOP and LIMIT to profit in that direction. You may now select/change the capability of B3 to place just a BUY trade or a SELL trade instead of STOP and LIMIT trades to start its trading routine. If the direction is long, BUYS are used to take profits. If the trend reverses, BUY LIMITS are hit and profits taken on the reversal. If the direction is short, SELLS are used to take profits. If the trend reverses, SELL LIMITS are hit and profits taken on the reversal.

Regards


exactly, like i said ,if your direction is wrongly sided .. then you will be in hot soup eventually.. in any sense of gambling or investment ..if the longevity of the trend is higher than your ability to sustain your capital base ,and yet you keep continuity of the similar ongoing direction.. then you will go broke eventually.

It's a martingale strategy based EA. 

Caution using on real accounts - it will enter increasing bigger trades if market goes in the opposite direction and run the account bust. unless a martingale has reallly good trend detection, the good times may not last long.

Regards

[h1][/h1]
Ichimoku Kinko Hyo System indicator developed by Goichi Hosoda is based on the popular Ichimoku Kinko Hyo trading principles. It’s a complete system that gives you buy and sell signals for every currency pair and time frame. It’s composed of three main sections: 1) Overall trend direction, 2) open and short positions, 3) support and resistance levels.
Trading Signals
BUY: Wait for the indicator to open a new buy position.
SELL: Wait for the indicator to open a new sell position.

8

(0 replies, posted in Upload & Download Forex Indicators)

Dear Trader


The Drive indicator for MT4 looks very 
similar to the popular ADX indicator. 


The main purpose of the indicator is to determine 
the strength and direction of the current trend. 


Green Line above Red Line indicates an uptrend.
Red line above the Green Line indicates a downtrend.


Bigger the distance between the lines - stronger the trend.


When both lines are very close to each other and/or
constantly cross each other - market is flat.


IMPORTANT: Use this indicator only as additional confirmation
tool and not as a stand-alone trading system. Signals only
from this indicator are not enough for successful trading.


Please send me an email and tell me what you think about it.
I will be very happy to hear from you.


Good Luck in your trading!

You can find out the most important bit of information by examining daily open price.
According to daily open price, you can easily predict the trend direction for the rest of  the day (downtrend, uptrend or sideway).
High and Low daily prices for a present day are not much of the help. You can’t know this info before the day is done, but what you can do is to look at the high-low from previous day. This way you can gain additional information about the price.
Since daily open price plays the most important role in technical analysis, thus the future price action, I am going to talk about it the most in the following part of the course.

UPDATE: I made the levels update on each new candle so now it runs as it should.  I should note,though, that I wanted to do this with either ObjectSet or ObjectMove, but for now I am just deleting and redrawing each line on each new candle.  I have also added a DeInt function to properly remove the indicator after it is removed. The issue I mentioned before about multiple versions of this same indicator being used during expert testing was a mistake in the EA and not this indicator, so no worries there. I also think the slowness of the tests is an issue with the EA and not this indicator. I have also cleaned out a lot of the unnecessary code used for testing to make it slightly easier to read. One exception to this is measuring the direction bias (“DirBias”) of a trend based on the RVI values.  This is a feature that has not been built out yet.

Anyway, I think this custom indicator is pretty much complete except for a few possible changes here and there.  I think I will stop providing updates since I will be moving on to another portion of the overall project. I hope this helps some trader out there trying to tackle a similar problem.  Please feel free to use this code as your own, as a whole or in part. And if you are a beginner and have any questions specifically related to this indicator, please feel free to contact me. 

Final Note: While this indicator has performed well overall during my testing, I will have a much more experienced MQL4 programmer look over my code before I go live and I strongly suggest you do the same.  This is the first indicator I customized and I barely put any effort into error handling. Don’t lose money because of my laziness - do your due diligence!

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. 
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