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| Multi 10:4 Trader EA https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1619 |
Page 69 of 160 |
| Author: | zentauro67 [ Thu Apr 04, 2013 4:37 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
I have noticed many of losing trades from this EA happen in "buying resistence" or "selling support" scenarios. Big fan of Slipshod´s s/r indi ( http://www.stevehopwoodforex.com/phpBB3 ... f=27&t=514 ), who is built with an EA approach, i wonder if it would be possible a filter for not taking trades in "proven supports" or "proven resistence" areas, tested 3 or bigger. Both 4h or Daily could work. The choice of avoiding this trades (in spite of 10.4 who does not take much in consideration S/R) would be nice. Buying a triple top sounds crazy even if it is a perfect 10.4 setup. |
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| Author: | MrLong [ Thu Apr 04, 2013 5:19 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Hi, Yes, I agree with what you are saying, like last week we were taking gold trades straight into the 200 MA, crazy. But, I have an EA that only takes trades if we have a D1, 200' 55 or 21 EMA as support or resistance, also included in the strategy are the correct D1 Fibonacci lines, for example, to take a long, price would have to drop below one of the R lines move back up above and close, then more than 4 D1 correlated pairs +/- heading in the same direction. They carry on down in the same direction, this is where the trader comes into play. I also programmed the EA when we have a trade rolling and we have one of those S/R lines above/below, to alert me we are driving into one of them, do we close the trade? Then price drives straight though them. The EA can take the trades, but the trader needs to use skill also. Best Regards Andy |
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| Author: | MrLong [ Thu Apr 04, 2013 5:28 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Hey Slipshod, I didn't realise it was you who did that indicator, I used that indicator last year, nice work. Andy |
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| Author: | pathenry [ Thu Apr 04, 2013 6:43 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Can someone please tell me what is wrong with this? I can no longer get the full screen of pairs and it no longer refreshes. Have removed EA, Re booted the computer but nothing changes. Expert reads "cannot load external expert 'stdlib' " Thanks heaps. Pat |
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| Author: | MurphyMan [ Thu Apr 04, 2013 7:29 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
I had the same problem. Tried changing times, to no avail. I finally would loading a fresh copy of Empty4 and started from scratch. That did it for me. |
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| Author: | fx800 [ Thu Apr 04, 2013 7:34 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Yesterday, my Cowboy IBFX 10K demo was 3% down at London close. Today, gain of about 2% (today I have switched to using stochastics) |
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| Author: | MrLong [ Thu Apr 04, 2013 8:01 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Excellent!! This Stratergy works, you only need to look at a Monthly chart, price below the 2, short, price above 2 long. Drawdown is part of the game. Andy |
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| Author: | fx800 [ Thu Apr 04, 2013 8:48 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
You are absolutely right, MrLong. So long as the trend persists, the trade will eventually go into profit. It is a loss only if the stop loss is hit. Slow and steady is the way to go. I am indeed very grateful to you and many others who continue to improve this ea. |
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| Author: | candletiger [ Thu Apr 04, 2013 9:00 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Andy, I think I spotted the problem: Code: Select all Code: Select all Code: Select all {}missing after first if()? /ct |
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| Author: | MrLong [ Thu Apr 04, 2013 9:20 pm ] |
| Post subject: | Re: Multi 10:4 Trader EA |
Fantastic mate, can you fix it and publish the code to the members, I'm away until next Wednesday. Thanks to you Andy |
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