EA based on support/resistance

[milanese]

Hi all,

thanks to the idea of jhs I coded a new version of the EA, now setting pending orders, if you use the TrendStrategy the EA will set the pending orders below the supportzone low and above the resistence zone high.
The CounterTrendStrategy will do the contrary..
OOTB the EA trades H4 TF and use 1 time verified zones.

Cheers

Tommaso

You should set for testing TrendStrategy=true and CounterTrendStrategy for false (OOTB is the contray setting)

Cheers

Tommaso

[putusernamehere]

Hi; :hi:
Thank you Tommaso
i test it this week 4H and TrendStrategy: true

Cheers Gunter :hi:

[jhs]

Hi All,
great job Tommaso, I put it to work immediately.

Thanks you very much for your kindness and speed

Cheers

[bazze]

Using TrendStrategy set to true,but I wonder why it sets the SellStop/BuyStop so far away from the actual price?
Maybe this is a dumb question,if so,bare over with me

[milanese]

Using TrendStrategy set to true,but I wonder why it sets the SellStop/BuyStop so far away from the actual price?
Maybe this is a dumb question,if so,bare over with me

Not a dumb question;) this is because of the setting MinHitsForUsingZone=1 you can try MinHitsForUsingZone=0 so the pending orders will be not that far away..

Cheers

Tommaso

[bazze]

Thank you,Tommaso ...Will try that.

[putusernamehere]

Hi; :hi:
here the first results this week it looks good
(4H and TrendStrategy: true)
whitout intervention
Thank you,Tommaso

Cheers Gunter

[spybreak]

- 308 pips today

http://www.myfxbook.com/members/cyberom ... -ea/934363

EA TrendStrategy set to true, something is wrong with the strategy IMHO, no ?

I stopped my demo

[putusernamehere]

Hi Spybreak :hi:

I have the same results -349 what we learn from ,
it's better close the EA before heavy news as today.

Cheers Gunter

[putusernamehere]

Hi; :hi:

the last two days very well for this EA

Cheers Gunter