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Thread: OZFX System EA

  1. #11

    Default indicators

    Hi Funyoo,

    I'd been an ardent fan of the OZFX system, just that i couldnt cope watching the indcators meet the required condition and never thought an EA was available for that.

    please could you attach the indicators used for the OZFX system so that i would be easy to monitor and supervise the EA when it picks a trade and learn from it.

    Thanks

  2. #12
    Administrator funyoo's Avatar
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    Default

    Quote Originally Posted by Onyebuchim View Post
    Hi Funyoo,

    I'd been an ardent fan of the OZFX system, just that i couldnt cope watching the indcators meet the required condition and never thought an EA was available for that.

    please could you attach the indicators used for the OZFX system so that i would be easy to monitor and supervise the EA when it picks a trade and learn from it.

    Thanks
    Hi Onyebuchim,

    The indicators are included in MT4.

    Stochastics 5-3-3 level 50
    AC level 0
    SMA 200

  3. #13
    Junior Member
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    Default

    Hi Onyebuchim,

    I'm new to this forum. and first time seeing this EA.

    May I just check with you, do i copy the OZFX System EA.mq4 onto the expert folder, and what about the ozfx system ea eu d1.set?

    After doing that so, I should drag the EA onto D1 Timeframe of any currency pair and let it run on it's own? Is that how it works?

    Thanks & Best Regards,
    Hope

  4. #14

    Default Where to place the EA

    put the set file in the symbol set folder

    or

    when placing the EA on the chart, click on LOAD and browse to where you saved the set file. Click on it to select it and click ok.

    Thats all.

    Just to inform everyone that i'm making great pips using the EA and i'm also making good pips using the manual indicators too.

  5. #15

    Default

    I'd also want to advise traders to watch more closely to the Manual Indicators bcos they tend to interpret the trend better.

    However the the indicators and the EA tend to move at the same direction when taking a trade.

    Lastly, hope just place the EA i.e mq4 file into the expert folder.

  6. #16
    Junior Member
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    Apr 2009
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    Default

    Hi Onyebuchim,

    Thank you for your reply.

    May I know what is AC indicator? I don't seem to find it in the indicator list.

    How do I set it within the same indicator window as you shown in your screenshot?

    Thank you very much!!

  7. #17

    Default Indicators

    Quote Originally Posted by Hope View Post
    Hi Onyebuchim,

    Thank you for your reply.

    May I know what is AC indicator? I don't seem to find it in the indicator list.

    How do I set it within the same indicator window as you shown in your screenshot?

    Thank you very much!!
    The indicators are available in your MT4.

    Stochastics 5-3-3 level 50
    AC level 0
    SMA 200

    SMA: click on custom indicator and look for moving average and set the period to 200.
    Although i also use 10 SMA and 30 EMA for price changes and crosses

    Stochastics is there also: input the figures: 5-3-3 and level 50

    Place the AC in the stochastic indicator window to merge together.

    You can find the AC in bill williams section of the indicator

    When i'm chanced, i'll upload a template for you to make it easy.

  8. #18
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    Thank you Onyebuchim! I have managed to do so for my charts. Will run the EA for testing.

    Cheers!!

  9. #19
    Junior Member
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    Default ozfxsqueezerefined

    Quote Originally Posted by funyoo View Post
    The big differencies are in the options or in the version of the system. There are other versions with several moving averages. I have only coded the original one.


    hi funyoo,
    i have a version of OZ called My OZFx Squeeze refined v3.1. i have been using it on a live account since late march. its doing pretty okay for a free ea. i'm thinking we can improve that version even further.
    the ea places a fixed number 3trades per entry...can u make this option of number of trades something of choice. i.e lets decide if it places 1, 2, 3 or more trades at entry.
    again, it uses momentum, AO,AC, moving average and stochastic for indicators. can you add the ADX indicator while inputing a TRUE or FALSE option for all the indicators so we can choose if we use one, two or all the indicators.
    i have attached here .set file 15mins. its worth the while
    thanks buddie

  10. #20

    Default Manual Profitable

    Hi, thanks for your refined OZFX ea. I like the inclusion of the AO and AC.

    Although i've been making lots of profits using the manual indicators when they align and its very much ok.

    The EA seems to miss out a lot of trades even when the indis are giving a signal. well i hope this refined version would sort that out.

    I'll try it and get back

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