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EA based on support/resistance
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Author:  muhammadbadawi [ Mon Mar 24, 2014 2:26 pm ]
Post subject:  EA based on support/resistance

milanese » Mon Mar 24, 2014 4:19 pm wrote:
muhammadbadawi » Mon Mar 24, 2014 2:12 pm wrote:
Yes I am setting PERIOD_SR to H1

Till now it did not take any trades, does the slope will prevent that as it ranging currently?

BR :)
So far as I can see the conditions are never meet, as it is ranging between the two zones, in these cases the EA should not open trades yes.
This latest version will not be very activ, but I hope, it will be more effective.. and again thanks for all your very good observations :good:

Cheers :)

Tommaso
All thanks to you, this kind of EAs should be winning at the end as it is going with the trend besides the very nice S/R indicator makes it much stress free

We just need sometime to make sure it take trades as per the rules

:)
Author:  muhammadbadawi [ Tue Mar 25, 2014 4:03 pm ]
Post subject:  EA based on support/resistance

Hi All,

I did not get any trade taken since the last version
I am running in 1H timeframe.

BR
Author:  milanese [ Tue Mar 25, 2014 4:07 pm ]
Post subject:  EA based on support/resistance

muhammadbadawi » Tue Mar 25, 2014 4:03 pm wrote:Hi All,

I did not get any trade taken since the last version
I am running in 1H timeframe.

BR
This is to aspect, as there were in none of the pairs the conditions meet, maybe change to lower TF and set UsingOnlyProvenZones to false, than there will be more trade possibilities..

Cheers :)

Tommaso
Author:  muhammadbadawi [ Tue Mar 25, 2014 5:58 pm ]
Post subject:  EA based on support/resistance

milanese » Tue Mar 25, 2014 6:07 pm wrote:
muhammadbadawi » Tue Mar 25, 2014 4:03 pm wrote:Hi All,

I did not get any trade taken since the last version
I am running in 1H timeframe.

BR
This is to aspect, as there were in none of the pairs the conditions meet, maybe change to lower TF and set UsingOnlyProvenZones to false, than there will be more trade possibilities..

Cheers :)

Tommaso
What is the difference between the old parameter verified zones and the new one UsingOnlyProvenZones

Thanks
Author:  milanese [ Tue Mar 25, 2014 6:04 pm ]
Post subject:  EA based on support/resistance

muhammadbadawi » Tue Mar 25, 2014 5:58 pm wrote:
What is the difference between the old parameter verified zones and the new one UsingOnlyProvenZones

Thanks
In the former version there was a setting for the zone hits, how many times the zone must be hit before it is used for the EA calculations. The new one differences between provenzones (hits >=4) and verified zones (hits >=1).

Cheers :)

Tommaso
Author:  milanese [ Tue Mar 25, 2014 10:04 pm ]
Post subject:  [NewVersion!]EA based on support/resistance

Hi all,

as some of you me had requested to use MinHitsForUsingZone again, I modified the new version to use it again, too now the EA will with deinitializing delete all objects created by the EA..
You will find the new version as always in the first post....

Cheers :)

Tommaso
Author:  bazze [ Tue Mar 25, 2014 10:38 pm ]
Post subject:  EA based on support/resistance

:good: :clap:
Author:  milanese [ Wed Mar 26, 2014 9:05 am ]
Post subject:  EA based on support/resistance

I have the latest version here OOTB on 24 pairs set GlobalPrime, and so far it opnend correct an EURCHF sell 10.34 am servertime 1,22216..
So it seems to work like it should..

Cheers :)

Tommaso
Author:  bazze [ Wed Mar 26, 2014 3:55 pm ]
Post subject:  EA based on support/resistance

No trades so far today...EU,GU,AU,UJ and EJ...But,I'll wait :smile:
Author:  milanese [ Wed Mar 26, 2014 3:57 pm ]
Post subject:  EA based on support/resistance

bazze » Wed Mar 26, 2014 3:55 pm wrote:No trades so far today...EU,GU,AU,UJ and EJ...But,I'll wait :smile:
the EURCHF sell (closed in loss) was the only trade so far .. this EA will not trade a lot as not so often the condition will be meet..

Cheers :)

Tommaso
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