Identifying swings or waves
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@isiloon82 There is nothing in fx to do this, indicators to do this are available like ZigZag, this is also in FX but you will have to decide the settings.
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Yes, I thought that zigzag and period adjustable fractals can determine the points with right setttings at an acceptable success but I couldn't figure out how to tell that to EA " please place the stop loss 5 pips under last fractal or last zigzag swing"
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@isiloon82 I do not recommend to use zigzag. it is not reliable enough until it is too late. Maybe using some custom indicator instead would be useful, but I'm still looking for someone like that.