Request for fx_trender EA
Funyoo - I am requesting an EA made from the fx_trender indicator. I have the .ex4 file from Rita Lasker's website. I have contacted her support team and they stated no intentions of making an EA based on this indicator. I have been using it manually with great success for a few months.
The concept is BUY when (aqua) line crosses upper horizontal line and SELL when it crosses below. Closing orders can be when (aqua) line crosses ZERO level. When line bounces between upper and lower line- this shows ranging. When it crosses upper or lower this shows signs of a strong trend.
I do not know the coding lines to call the indicator from, but the values for each line are:
Value 1 - aqua or moving line
Value 2 - upper horizontal
Value 3 - lower horizontal
I have tried to incorporate this indicator into other EAs as a filter with no success. I have also tried to make an EA. Again, no luck. If you find time Funyoo I need your help.
If anyone has an EA based on this indicator or knows what it is based on, please post them here. The closest thing I could find that resembles the pattern is MACD, but it is not exact. If anyone has this indicator it (IMHO) works well with MACD to show trends and reversals.
Any help is much appreciated.
Here is the link for the indicator. If anyone has a .mt4 version please post so we can make an EA. Also, if anyone has indicator(s) that show similar trending signals please post. Many thanks.
Rita Lasker WEB-site: Free for members
Here is the indicator in .ex4
Last edited by UNLIMITEDFOREXINCOME.COM; 03-29-2012 at 18:55.
fx_trender is really Awesome Oscillator indicator
Hi Everyone. I have been spending a lot of time trying to find out what this indicator was based on and I think I have found it. It looks to me like the Awesome Oscillator and is best traded when AO crosses Level 1 (BUY) or -1 Level (SELL) to show strong trend. Otherwise the pair is just ranging. Close trades when AO crosses zero line level in opposite direction. I am asking Funyoo to make an EA based on these parameters.
OPEN BUY- when price goes above Level 1 of AO
TRAILING STOP- whenprice goes above Level 2 move stoploss to Level 1(when price moves above Level 3 move to Level 2 and son on....)
CLOSE BUY- when AO crosses ZERO line level (with option just to close profitable trades and not all trades)
OPEN SELL- when price goes below Level -1 of AO
TRAILING STOP- when price goes below Level -2 move stoploss to Level -1(when price moves below Level -3 move to Level -2 and son on....)
CLOSE SELL- when AO crosses ZERO line level (with option just to close profitable trades and not all trades)
I have included pics to better illustrate. Many thanks Funyoo.
Funyoo . I made one mistake . The Levels to BUY , SELL, and TRAILSTOP have to be variables that can be changed in inputs. I looked at the AO on different pairs and timesframes. It is not uniform. So whether the trader wants scalp or trade the trend the level needs to be changed. If you can make the EA . I will run the backtests for different pairs and TF and post them . Thank you again
Last edited by UNLIMITEDFOREXINCOME.COM; 03-29-2012 at 19:33.
I think this is what I was looking for in this EA. This is Funyoo's MACD Lines Ea . I changed the signal for BUYS/SELLS. I will do more optimizing with other TFs when time permits. I know the testing is not 100%, but this is something to work on for starters. My intent is to have an EA that trades like Awesome Oscillator (which is similar to fx_trender indicator and 5_34_5 indicator at zero cross---IMHO). Instead of opening trades at line cross or zero cross we open trades at a level above (BUYS) or below(SELLS) of zero line. I believe by doing this we catch trends and stay out of a ranging market.
I would still like to get trailingstop to move as next levels are crossed as suggested in first post. I will work on the coding for this, but if anyone is able please post your results. Thank you.
Last edited by UNLIMITEDFOREXINCOME.COM; 04-02-2012 at 01:25.
1K deposit set
Here is a set for 1K deposit.
I have only done optimization on 2012. I know some people like to see 10 years of backtests, but (IMHO) the market 10 years ago (or one year ago) is not today's market. I believe an EA has to continually be modified to meet the market. These two sets (this one and the post above) are good enough for me to live demo test with. If you plan on using the sets the only modifications I suggest are changing RISK INPUT to suit your desires or deposit. Risk at 1 for evry 1K deposited looks good , again (IMHO). Have fun and good luck .
Last edited by UNLIMITEDFOREXINCOME.COM; 04-02-2012 at 01:15.
maybe better if u can provide setting file 3 years backward.
i tried backtest ur ea 1 year backward ........result too bad
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