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Thread: Pattern EA

  1. #481
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    Quick question - has anyone here ever got v103 or later to work with a 5-decimal broker? I'm still struggling to get the latest EAs to trade, and I'm wondering whether this is the problem.

    Cheers

  2. #482
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    mab.... it will be interesting to get other's input on that question. I can offer some "basic" exits, common or typical for Gartley patterns...

    The standard profit target is .618 x the difference of C and D.
    Similarly, you can use the height of the Dbox (the red rectangle) for both the SL and the TP target. (1:1 risk:reward....).

    In a multi-lot approach, you can make either of the above your first TP point, move your SL up to breakeven, and trade the remainder.

    I think some here exit on momo numbers, color and/or BB line cross with the BBMACD, and there could be a million others, so it will be interesting to see....

  3. #483
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    A mammoth of a bearish gartley on Weekly Eur/Usd. This is of seismic proportions. I see them pulling the plug on equities again. Look for at least 1000 pips on this gartley.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.

    http://hft.serialcoder.com/ -- Quantitative Market Reversal Levels --- The only indicator you'll ever need.

  4. #484
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    Quote Originally Posted by mrkam View Post
    mab.... it will be interesting to get other's input on that question. I can offer some "basic" exits, common or typical for Gartley patterns...

    The standard profit target is .618 x the difference of C and D.
    Similarly, you can use the height of the Dbox (the red rectangle) for both the SL and the TP target. (1:1 risk:reward....).

    In a multi-lot approach, you can make either of the above your first TP point, move your SL up to breakeven, and trade the remainder.

    I think some here exit on momo numbers, color and/or BB line cross with the BBMACD, and there could be a million others, so it will be interesting to see....
    MRKAM,

    Thank you for your help. I am enjoying this discussion and it has helped my returns, but I feel uncertain about my exit points which has made me exit early a number of times and exit late a few also. Therefore, your help is greatly appreciated.

    Matt

  5. #485

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    when we use TradeAtSignal=false,will be good to have possibility increase lots in next trade at the same trend determined by the last signal ,by multiplefactor, when first 0,01 trade is still loss second will be 0,02.
    and protect when it will be in profit.
    Martingail began act after first loss? am I right?

  6. #486

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    and as you see, Gartley point and 3Level ZZ indi are at the same point.
    it maybe usefull for closing at next bar after "2" point and open reverse trade
    Attached Images Attached Images Pattern EA-gartey-patern0306-gif 

  7. #487
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    Quote Originally Posted by bigpipn View Post
    A mammoth of a bearish gartley on Weekly Eur/Usd. This is of seismic proportions. I see them pulling the plug on equities again. Look for at least 1000 pips on this gartley.
    About the same on GBP/USD, isnīt it? Would be nice to see those 1000 Pips

    Happy pippin,

    4rexlady

  8. #488
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    Default What..

    What is the latest with the recent posts? People using longer tf bb macd settings, momo count scalping? What have been the results over the past few days and best set file you are testing/using now?

    thanks everyone

    Brian
    GF

  9. #489
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    Hi all, I am currently following bearish gartley formations on EU,GU, and bullish Gartley on U Chf all on W1 timeframe.UJ has a gartley on the daily.
    Rather than using the BB_macd indicator on the same time frame as the determinant for entry I have been using The BB_macd indicator on a lower time frame to determine entry with mega success i,e, once a gartley formation appears say on the weekly chart then I am applying the entry rules for the BB_macd when they fire on the daily chart......might be worth looking at as a possible EA modification?

    Also, could someone explain clearly the value of the red square that appears at the end of the Gartley and how to use it .....Thankyou in advance ...BhaiSahib

  10. #490
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    Quote Originally Posted by 4rexlady_de View Post
    About the same on GBP/USD, isnīt it? Would be nice to see those 1000 Pips

    Happy pippin,

    4rexlady
    NFP shook me out of my shorts.
    Think of adversity as that tiny piece of sand that gets trapped in the oyster's shell. Although it's a pain in the oyster's arse, he eventually makes a pearl out of it.

    http://hft.serialcoder.com/ -- Quantitative Market Reversal Levels --- The only indicator you'll ever need.

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