- Most Forex traders lose all their money.
- Using the robot posted here in trading Forex does not guarantee success.
- Trading this robot could lead to serious financial loss.
- Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
- This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
- At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
- To trade this robot, you have to understand:
- How to use multi-pair EA's.
- The buy low sell high principle taught to me by ncoyte and DFC, or learned from CJ's thread.
- The concept of 'basket' trading.
- Nanningbob's Recovery trading.
- HGI
You will find the HGI indi at the bottom of post 1 at http://www.stevehopwoodforex.com/phpBB3 ... =88&t=3964 - download HGI_V16.09.ex4 and put it in your Indicators folder. Some time next week I will swap the indi for the hgi.lib library, but I will let you all know when I get around to it.
Excellent stuff Coenraad
Have fun.
22.08.2017
Hi guys,
I have uploaded version 2, with the following changes:
1) I have added an option to allow Rad trading (the small 45 degree angled arrows) or not on the HGI indi.
2) I have added Flying Buddha as an additional filter. There is an option to use or not (i.e. "UseFB). This is in addition to the other indis (namely Peaky and SuperSlope). If all 3 indis are used, it means a trade will only be taken if all 3 indis agree, as well as HGI as the trade trigger.
3) I have added a Ranging Filter. This filter ensures that there is sufficient movement on a currency pair. It will look back x number of candles and determine if there was a vertical movement of y pips over the x number of candles or not. If not - a trade for that currency pair will not trigger, eg. check the last 10 candles for the M5 period and determine whether there was at least a 15 pip vertical movement. If not, no trade will trigger.
I have not yet demo traded this version, so there might be teething problems. Please test and let me know if any problems crop up.
Have fun!
Coenraad (zaguy)