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Thread: GREAT Strategy Needs an EA for it plz

  1. #1

    Default GREAT Strategy Needs an EA for it plz

    Hello

    I have a great strategy would appreciate it if we can make an EA or an indicator for it


    Rules are : ( as shown on the attached pic )

    1- The 2 Vertical ( red) lines are the range between ( the start of the day and the 12:00 midd day )

    2- After the 12:00 candel is closed ( we see the high & low ) for that range

    3- we drow a ( Horizontal line ) - one on the highest and the other one on the lowest price dureing that range

    Finaly :

    We wait for the price to reach (((almost))) one of them ( the high or the low )

    Then:

    If the price went up and reached almost ( 2-3 pips diff ) the high then we sell with 15
    to 20 pips TP and 20pips SL

    SAME goes for the price if it reached the low

    we do this trade only once not more

    Thanks
    Attached Images Attached Images GREAT Strategy Needs an EA  for it plz-mt-gif 

  2. #2
    Administrator funyoo's Avatar
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    Default

    Quote Originally Posted by hameed412412 View Post
    Hello

    I have a great strategy would appreciate it if we can make an EA or an indicator for it


    Rules are : ( as shown on the attached pic )

    1- The 2 Vertical ( red) lines are the range between ( the start of the day and the 12:00 midd day )

    2- After the 12:00 candel is closed ( we see the high & low ) for that range

    3- we drow a ( Horizontal line ) - one on the highest and the other one on the lowest price dureing that range

    Finaly :

    We wait for the price to reach (((almost))) one of them ( the high or the low )

    Then:

    If the price went up and reached almost ( 2-3 pips diff ) the high then we sell with 15
    to 20 pips TP and 20pips SL

    SAME goes for the price if it reached the low

    we do this trade only once not more

    Thanks
    Hi hameed412412,

    Here is the Middle Day Range EA.
    Attached Files Attached Files

  3. #3

    Default

    Unreal results when you add a martingale.....
    Attached Images Attached Images GREAT Strategy Needs an EA  for it plz-epictest-gif 
    Attached Files Attached Files

  4. #4
    Junior Member
    Join Date
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    Posts
    29

    Default

    This one might work, because it is based on price action, not indicators.

  5. #5
    Junior Member
    Join Date
    Dec 2009
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    1

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    Hi is the one with martingale downloadable from here?

  6. #6
    Junior Member
    Join Date
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    Quote Originally Posted by Agentrfr View Post
    Unreal results when you add a martingale.....
    Can you upload EA you used for the testing ?

  7. #7

    Default

    Quote Originally Posted by snail69 View Post
    Can you upload EA you used for the testing ?
    Its easy. Open the code in mql editor, and add extern infront of martingale and multiplier near the top of the code.

    Just go down a few lines, you will see something like this

    Code:
    bool martingale = false;
    int multiplyer = 2;
    All you must do is add "extern" infront of the vartiable definition type, so that it looks like this:
    Code:
    extern bool martingale = false;
    extern int multiplyer = 2;
    Complie (button on the top bar), then click terminal, and it will be updated and sent to the MT4 terminal.

  8. #8
    Junior Member
    Join Date
    Dec 2009
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    29

    Default

    Quote Originally Posted by Agentrfr View Post
    Its easy. Open the code in mql editor, and add extern infront of martingale and multiplier near the top of the code.

    Just go down a few lines, you will see something like this

    Code:
    bool martingale = false;
    int multiplyer = 2;
    All you must do is add "extern" infront of the vartiable definition type, so that it looks like this:
    Code:
    extern bool martingale = false;
    extern int multiplyer = 2;
    Complie (button on the top bar), then click terminal, and it will be updated and sent to the MT4 terminal.
    Works well thanks.

    Just only with low starting balance. Higher start amount lower percentage profit.

    What is "submargin" ? You have (-5) and original is (3).

  9. #9

    Default

    Submargin I is the gap between the box and price high/low to generate signal. Using a -5 submargin, it will only generate a trade when the price rises 5 pips above/below box.

    It is just a filter that works well for that test period.

    I highly recommend against using martingale as a strategy - I can guarantee you that your account will be blown out

  10. #10

    Default

    Hi I wonder if you can show your settings or set file, as I'm getting strange results, although I have put a stoploss in ,nothing is showing, so I'm trading without a stop, its going against me 1000's pips,
    Please can someone help with the settings

    F1

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