don't know why it push me out after taking a trade: i'm testing last release with default settings but only bbmacd.
Seems to me that entry with bbmacd is wrong, and if price move against a few pips, trade is closed.
Last edited by komin; 11-04-2009 at 15:39.
Took 2-3 hours to read from start to beginning. Smells like original developers might came a bit more passive since (thereīs no single posts from them for months anymore) - perhaps they scared nickname "metatrader" context. Have to confess that guy actually knew exatly what he was talking about - professional trader definetely even spammed a bit messages, but hopefully it didnīt discourage additional work and development with next V106.
In my opinion, where this tread and developers falled heavily short is a serious lag of documentation of EA fields meaning - in fact thereīs no single one provided but as indicator is free also...
One thing which I was wondering all this time, why everyrone speaks about gartley indicator and gartley EA in here, this is original russian ZUP indicator used in here all the time, am I right ? It looks exactly the same as all provided ZUP versions are or is this indi well-known by several names but just EA for it was created in here ?
I think they recently upgraded with with ZUP ver.83. Only different is that this indicator pinpoints also other gartley patterns, not just gartley.
One another question, what is MoMo count indicator and where those numbers (5,9,13) stands for ? I tried to google for it but it didnīt bring any answers, momo is used for momentum trading but I suppose those counts have nothing to do with it in this case.
Good work, keep on.
Last edited by kaori4x; 11-14-2009 at 13:47.
My opinion we make EA based on Harmonic Indicator with a simple Neutral Network (forward feeding perceptron ), we use some other Indicators (filters) to confirm the signals then we train it with (Metatrader Optimization) every 2 or 3 days.
If the idea is good and no other programmers will help I'll try to help after almost 8 days because I am very busy these days but I'll read your opinion first.
Last edited by trader12; 11-16-2009 at 12:01.
i think everyone should have left well enough alone when you had gartley+BBmacd for confirmation on entry. just exit at .618Xthe distance of point c to d and move SL to break even after 50 pips and leave the EA on H4. that would have been the best thing to do, instead, people complain about repainting and how they can't get it to stop loosing. the BBmacd was obviously the most help with it. and nothing else was really needed. and trade once per signal. I am not a fan of any martingale on real money. just trade the sizes you're supposed to trade with the stops you're supposed to use. in this case, the high of the gartley or high of previous candle on entry.
I'm trying to tell all who are still reading/listening. H4 is the best to trade out of. you can trade almost anything because you don't worry about the spread trying to use this to scalp. but do what you want. don't say i didn't warn you though about that part..H1 is a lil too fast for it and D1 is a little too slow. but you will get trades in the H4 if you use 28 pairs. look at what what i was trading and got out way early because it was Friday. it'll work the exact same in live because you can't hide a spike in a 4h chart so I'm not worried about SL hunting and if you still are worried about that then you need to change brokers.
patterns like this don't' fail IF you use/filter them correctly! people like Larry Williams and k. Roberts, john Murphy all trade patterns and they've been rich for a very long time. the proof is in the pudding.
good luck to all! hope ya'll still use it.
Last edited by hazelj80; 11-27-2009 at 22:17.
Hmm wonder how much longer downtrend will continue!
It seems like the best way for this to help people is to be semi auto and call signals for the trader to filter via his own PA and s/r analysis. i applaude the effort put in, to automate this thing tho. I've thought many times that the only way an automated ea could work is to have a filter that is plugged into mass human emotion/sentiment. People control the markets and people are controlled by emotion and thought. When that filter comes out, we should all get rich.
Last edited by BuLLsAnDBeaRs; 12-23-2009 at 19:20.