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Thread: Slope Direction Line EA

  1. #51

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    Hi Canmanone,
    Thanks for your input, can you attach the 3 indicators in your reply as I only have 2, looking back there are a few more, I don't want to load the wrong indicators up, gets messy, so once I have these 3 they all go in the indicators folder correct?

    F1
    Last edited by forex1one; 01-03-2010 at 18:45. Reason: spelling

  2. #52
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    Quote Originally Posted by forex1one View Post
    Hi Canmanone,
    Thanks for your input, can you attach the 3 indicators in your reply as I only have 2, looking back there are a few more, I don't want to load the wrong indicators up, gets messy, so once I have these 3 they all go in the indicators folder correct?

    F1
    all 3 are there. the 2 slope mtf are identical. the only thing that seperates them are the underscore.

  3. #53

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    Quote Originally Posted by canmanone View Post
    ok dont know what the problem is but maybe u guys are putting this on the experts folder as this is not an ea but an indicator. it should be in ur custom indicator folder. im just thinking of ways to make this work for u guys. maybe u need the slope line indicator. let me know. demo this to see if it works. im trading is on live account. my rules are set it on 15tf but change the settings on the indicator to:

    tf 240
    period 15
    sl 100
    tp 200
    ts100
    then once u get a horizontal line set ur sl to that line but let it rise say 50pips to set it to that horizontal line. hope this helps

    oh wait i think i have the answer. when u first load the indi switch to a lower tf then go back to the 15tf. the only problem with this indi is u have to this everyonce in a while to get it to work properly. maybe u great programmer can fix this to make it work.
    Thanks Canman for sharing! What kind of results are you getting with this method? How long have you been trading it?
    Last edited by bnbb2004; 01-03-2010 at 21:57.

  4. #54
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    Quote Originally Posted by bnbb2004 View Post
    Thanks Canman for sharing! What kind of results are you getting with this method? How long have you been trading it?
    for about a month only, all the month of dec. it has been good so far. got stopped out a few times but overall its been great. cant catch all the moves as i have to sleep. i only trade the new york session and the asian session. the asian session is slow sometimes but have some great moves. just try it on demo and see. start this week. my main pairs are gbpusd, usdyen, eurusd, and gbpyen. havent tried other pairs maybe u guys can experiment with it. dont have percentage yet as it only been a month.

  5. #55

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    Quote Originally Posted by canmanone View Post
    for about a month only, all the month of dec. it has been good so far. got stopped out a few times but overall its been great. cant catch all the moves as i have to sleep. i only trade the new york session and the asian session. the asian session is slow sometimes but have some great moves. just try it on demo and see. start this week. my main pairs are gbpusd, usdyen, eurusd, and gbpyen. havent tried other pairs maybe u guys can experiment with it. dont have percentage yet as it only been a month.
    Cool! Can you pls share your win/loss so far with the number of trades taken for December?

  6. #56
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    Quote Originally Posted by bnbb2004 View Post
    Cool! Can you pls share your win/loss so far with the number of trades taken for December?
    11 good trade and 6 stopped out. remember that when i got stopped out at the beginning of a trend and it retraced on me i reenter again of the original trend. the 6 stopped out is only when the trend changed. i did catch some of the big moves. so even though its about 50/50 i caught lots of big moves. just look at the month of dec with this indi if u can get it to work. are u guys still having trouble getting it to work?

  7. #57
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    heres an example of an crossover. this is e/u. wait for both colors be the same. then trade on the direction. sl will be just above the slope line.
    Attached Images Attached Images Slope Direction Line EA-crossover-gif 

  8. #58

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    Quote Originally Posted by canmanone View Post
    heres an example of an crossover. this is e/u. wait for both colors be the same. then trade on the direction. sl will be just above the slope line.
    Canmanone,

    Have you found this indicator to repaint (a lot or somewhat)?

  9. #59

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    Can someone please assist with creating an EA for the slopline_mtf indicator?

  10. #60
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    Quote Originally Posted by bnbb2004 View Post
    Canmanone,

    Have you found this indicator to repaint (a lot or somewhat)?
    it does repaint only on the current candle. as with all mtf's they all repaint. but once the candle has close it should be good to go. now if ur on the 15tf and u set the mtf to 240tf and it turns to the other direction the 240tf will repaint. i usually wait for 2 horizontal lines. right now im using sthe cross on 15tf with the mtf on 60tf. wait for a cross to be teh same color and trade accordingly. last night at 0100 gmt i went long on e/u. set my ts to 45 with tp of 75. didnt get ot me tp due to pullbacks. should have just set my tp to 50pips. the cross will give u about 30-60 pips. make sure to set a ts to lock in some profits. hope this helps.

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