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Thread: Directional Bar EA

  1. #1
    Administrator funyoo's Avatar
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    Default Directional Bar EA




    Directional Bar.

    EU M30.

    MDD : 10.71%

    Ratio : 9.52 (Profit Factor/MDD)
    Attached Images Attached Images Directional Bar EA-strategytester-directional-bar-eu-m30-gif 
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  2. #2
    Administrator funyoo's Avatar
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    Test with EU M15.

    MDD : 11.02%

    Ratio : 10.79 (Profit Factor/MDD)
    Attached Images Attached Images Directional Bar EA-strategytester-directional-bar-eu-m15-gif 

  3. #3
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    Test with EU D1.

    MDD : 9.66%

    Ratio : 12.52 (Profit Factor/MDD)
    Attached Images Attached Images Directional Bar EA-strategytester-directional-bar-eu-d1-gif 

  4. #4
    Administrator funyoo's Avatar
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    Directional cross EA.

    EU M30.

    MDD : 14.91%

    Ratio : 7.44 (Profit Factor/MDD)
    Attached Images Attached Images Directional Bar EA-strategytester-directional-cross-eu-m30-gif 
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  5. #5

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    hi

    how does the directional cross ea work? is it 'if direction from open is up then buy'?

    thanks

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by automatic View Post
    hi

    how does the directional cross ea work? is it 'if direction from open is up then buy'?

    thanks
    Hi,

    It is determined like this :

    If the distance between the open and the high is bigger than the distance between the open and the low, then we go long.

    If the distance between the open and the high is smaller than the distance between the open and the low, then we go short.

    The close has to be equal to the open.

  7. #7

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    thanks. i will suggest a new ea then

  8. #8
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    Hi funyoo, Would you be willing to modify the directional strategy to create another version of this EA? I think it may be profitable with the following modifications.......

    1. Cancel the rule that the close has to be equal to the open. Keep the other rules the same.

    2. When a buy signal happens place a buy stop pending order 15 pips(user adjustable) from the high

    3. When a sell signal happens place a sell stop pending order 15 pips(user adjustable) from the low

    4. expiration of pending orders in hours........Expiration 4 hours default (user adjustable)

    5. Max trades 5 (user adjustable)

    6. breakeven......move SL to B.E. when prices reaches X pips


    Thank you for considering these mods for another version of this strategy. And thank you for all of the EA's that you have shared on this forum. cheers,Fritz


    Quote Originally Posted by funyoo View Post
    Hi,

    It is determined like this :

    If the distance between the open and the high is bigger than the distance between the open and the low, then we go long.

    If the distance between the open and the high is smaller than the distance between the open and the low, then we go short.

    The close has to be equal to the open.

  9. #9
    Administrator funyoo's Avatar
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    Hi fritz,

    Welcome!

    It's an interesting idea.

    Here is the EA.
    Attached Files Attached Files

  10. #10
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    Thank you for creating the EA, and thank you for the welcome! Fritz



    Quote Originally Posted by funyoo View Post
    Hi fritz,

    Welcome!

    It's an interesting idea.

    Here is the EA.

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automatic, breakeven, color, ex4, high, indicator, low, profit, profit factor, profitable, signal, stop, strategy, test, thank you, time

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