Thanks for the update !
Yes, it would only take the trade if the decisive candle is of certain pattern ( in particular : Doji )
You mean a candlestick filter for the entry ?
Funyoo, Sorry to be a pain an keep on adding to it, but the more I look at the EA trading automatically , the more I realise that when I trade manually I mentally use more filters and variables
Stop Loss : Right now I can only find a set amount of pips to set ( maybe I`m not reading the parameters well ? ) . The Stop Loss for a pending Buy should be Low, and for a pending sell High .
Cancel pending order if :
- For a short : current price > high
- For a long : current price < low
Optional filter 1 : For the signal to be valid, Candlestick(High-Low) should be smaller than Candletick(High-Low)
Thanks for your help with this !
This seems one of few strategies that may actually work with EA as the strategy focuses on the price action and not indicators which always lag price moves and often fail. The challenge lies in appropriate programming of price moves that human eyes would observe and react to. Promising EA, great effort guys!
Yep, works manually, just want to be able to step off my screen and have the machine do what I would have done, it`s quite mechanical .
Let`s wait and see if Funyoo has got time to update the code ...
Just found something else that's a bit odd, it seems to open 2 stop orders it should delete the "old' one keeping only one stop order ever pending .
Is it possible to write an indicator to follow the exact rules of this strategy Perhaps with different colored arrows for level 1 and level 2 entries? This system might work well on shorter Times Frames.