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Thread: RSI Power Maximum

  1. #41
    Administrator funyoo's Avatar
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    Quote Originally Posted by jimbo002 View Post
    Hi Funyoo
    How would you shut the shifter off?

    Also, what does 'Reverse System = true' mean?

    thanks
    jimbo
    Hi jimbo002,

    At line 191, delete :

    Code:
    &&Open[Shift1]>Open[Shift2]
    At line 192, delete :

    Code:
    &&Open[Shift1]<Open[Shift2]
    If Reverse System is set on true, then it buys instead of selling, it sells instead of buying.

  2. #42
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    Exclamation

    Hi, today don't open any position?
    it is normal other i have a problem whit this Ea? Sorry for my english and thank's!

  3. #43
    Administrator funyoo's Avatar
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    Quote Originally Posted by Mr.Zi View Post
    Hi, today don't open any position?
    it is normal other i have a problem whit this Ea? Sorry for my english and thank's!
    Hi Mr.Zi and welcome,

    There is less than a trade per day. It should be normal.

  4. #44

    Default old tick

    Hi Funyoo

    a what kind of error message is this?

    2009.01.30 08:11:19 Old tick GBPUSD15 1.42400/1.42430
    2009.01.30 08:11:19 Old tick GBPUSD240 1.42400/1.42430

    thanks
    csino

  5. #45
    Administrator funyoo's Avatar
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    Quote Originally Posted by csino View Post
    Hi Funyoo

    a what kind of error message is this?

    2009.01.30 08:11:19 Old tick GBPUSD15 1.42400/1.42430
    2009.01.30 08:11:19 Old tick GBPUSD240 1.42400/1.42430

    thanks
    csino
    Hi csino,

    When an expert advisor uses several timeframes, it is better to open a chart for each timeframe. The charts will update the tick data, allowing to avoid this error.

  6. #46
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    Been running tests on this and I'm impressed. I wonder what this would be like if we added the swing high swing low stops along with nearest 00 and 50 unless <swing high/low.

    Funyoo, can you add to see what happens... still doing tests on other cowabunga ea at the moment. hope to have something tomorrow after the crunching finishes... =)

  7. #47
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    Arrow

    The EA works pretty good. Here is how we can improve this to be a great system.

    Basically here is the notion I'm putting out there. The EA works on market momentum and executes a trade when the market is headed a particular direction what it seems not so good at it is determining when the market has changed. For example in forward tests after market open, I had a big hanger in GBPUSD, EA thought the market was trending up but the market changed directions... why? because of the H1 chart. After a lot of thought I have a solution that would eliminate the need for setting it to short only in a down market or manually adjust this to move up or down. The whole goal is to trade with the market and the daily open and close of the previous day is what we should be focusing on given that the EA is short term trading. It's very simple and based on inside bar breakouts on H1.

    So:
    - If today's opening H1 bar (01:00 EST) closes over yesterday's close (00:00 EST), then only enter long trades.
    - If today's opening H1 bar (01:00 EST) closes UNDER yesterday's close (00:00 EST), then only enter short trades.


    Funyoo, can you add this to indicator to the EA with specifically these settings included?
    - session opening time input

    Thanks! Once the EA trades within the trend, it seems to do fine.
    Attached Files Attached Files

  8. #48

    Default RSI settings

    Sirs
    Iam a new one here. Can anybody help me in hot to setup the chart of GU to use the RSI Power EZ in the best way . I mean the settings of the 2 RSI inds.
    Thanx for your help.

  9. #49
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    Quote Originally Posted by naser_mohammad View Post
    Sirs
    Iam a new one here. Can anybody help me in hot to setup the chart of GU to use the RSI Power EZ in the best way . I mean the settings of the 2 RSI inds.
    Thanx for your help.
    Use the preset that funyoo used in the 1st post.

    Learn a little more about backtesting, and optimize your settings. Google should do the trick here.

  10. #50
    Administrator funyoo's Avatar
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    Quote Originally Posted by verbtheory View Post
    So:
    - If today's opening H1 bar (01:00 EST) closes over yesterday's close (00:00 EST), then only enter long trades.
    - If today's opening H1 bar (01:00 EST) closes UNDER yesterday's close (00:00 EST), then only enter short trades.
    Hi verbtheory,

    You mean "If today's opening H1 bar (01:00 EST) opens ..." ?

    I don't see how to do that especially at EST time.

    Quote Originally Posted by verbtheory View Post
    Funyoo, can you add this to indicator to the EA with specifically these settings included?
    - session opening time input

    Thanks! Once the EA trades within the trend, it seems to do fine.
    I don't understand what you want to do with this indicator.

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