Thread: Schaff Trend Cycle EA

Originally Posted by funyoo

Here is another version.

GREAT FUNYOO,

SO FAR IT TOOK ONLY ONE TRADE TODAY AND SLEPT MISSING ALL THE SIGNALS FOR TRADE ACCORDING TO THE PLOTTED INDY. SEE ATTACHED CHART = OLD EA

NOW FUNYOO,
I WANT TO REQUEST AN ADDITION TO THIS EA:

1)#MTF_STOCHASTICS INDY (6,3,4), AS A CONFIRMATION OF TRADE SIGNALS.
BUY WHEN STOCH (BLUE LINE) HAS CROSSED IT SIGNAL LINE ABOVE AND IT IS ABOVE LEVEL 20.
SELL WHEN STOCH (BLUE LINE) HAS CROSSED IT SIGNAL LINE BELOW AND IT IS BELOW LEVEL 80.
NOTE: IT STOCH IS BELOW 20 OR ABOVE 80 EA SHOULD DO NOTHING BUT WAIT.

2) EMA FILTER (TRUE/FALSE)=BUY ONLY ABOVE EMA AND SELL ONLY BELOW EMA.
3) TIME FILTER (TRUE/FALSE)

4 EXIT:
A) SCHAFF DEFAULT.
B) STOCH OPP CROSSES
C) TAKE PROFIT AND WAIT FOR NEXT SIGNAL.

SEE ILLUSTRATION OF TRADE ON ATTACHED CHART = ADDITIONS

Originally Posted by funyoo

Here is the 1.2 version.

HI GUYS,

HERE IS MY DEMO FOR TODAY USING THE LAST UPDATED VERSION OF THIS EA.
I THINK THE RESULT IS IMPRESIVE.
I DID NOT USE MA FILTER FOR NOW. I WANT TO WATCH AND SEE HOW THE EA BEHAVES IN SHORT TREND.
I ALSO HOPE TO CHANGE THE STOCH SETTINGS TO 23,12,12. WITH MA FILTER 60 NEXT WEEK.

GOOD WORK FUNYOO, YOU HAVE MY SUPPORT.

Hi Guys,

Based on the colored Schaff Trend CD indicator code, made by funyoo, i colored the Schaff Trend Cycle indicator.

After that i played a little bit with the Schaff Trend CD EA; i changed it into a Schaff Trend Cycle EA. It buys/sells when the direction/color of the STC changed.

The problem is that it buys/sells on the OPEN of the next bar after the color has already changed a bar before that.(see arrows in chart)
I would like it to buy/sell on the CLOSE of the first bar with a 'new' color.(see pink line in chart)

Can someone tell me how to get that fixed?

See Attachments for the chart, color STC indicator and the EA.


Regards,
K-B

Dear TREND-RIDER,

Can you post the STC indicator you use here (pink line);
http://www.tradingsystemforex.com/at...f-trend-ea.gif

Looks like it generates less whipsaws then the other STC indicator(?)


Thanks in advance,
K-B

Originally Posted by funyoo

Hi K-B,

Unfortunately, when I do that, I get a lot of bad signals.

The indicator needs a bar of confirmation, as the last bar is repainting.

While the last bar is still open the indi repaints indeed.
Isn't it possible to check at the close of each bar if it has changed direction/color compared to the bar before? and then buy/sell at that close... ? (so it has confirmation at the close)

On smaller TF's it could make a big difference (trade @ CLOSE or trade @ OPEN of new bar..)


I would really like to try this

K-B