Open positions when colored arrows appear
-
Hello fellow members,
This is my first time posting in the forum community although i have been a paid and non paid member with FxDreema for years now. My adventure in creating EAs with fxdreema has always been trial and error plus some readings.
I have a third party indicator which show a UP charteuse colored arrow for a Buy or a White colored arrow for a SELL. My intention is to create an EA around this indicator which will BUY and SELL whenever the respective colored arrows appeared. Also close the opposite trade (if a trade is running),
I have been trying out the "object" and "color" blocks in the Loop for Chat Objects parameters but with no success.
Appreciate if anyone can advise me on how to do this. The picture of both arrows is as given. The indicator is in ex4 format only. Thank you.
-
There's no buffer for the arrows?
-
@myworld2u Check the data window if arrows are there you can get, also check objects on chart if there you can get, put the indicator here so it can be checked.
-
@jstap I am putting the indicator here as requested. Appreciate any feedback I get thanks0_1654527642581_FlashEntry.ex4
-
Buffer0 = ArrowDown
Buffer1 = ArrowUp -
@myworld2u The color i observe is different when the template is applied as my earlier pictures shows
-
@biztet I cant comprehend what is meant by buffer. Can you please elaborate further
-
This is the place where you can find the buffer for any indicator.
-
@biztet Ok got it. So now i know the buffer for sell is 0 for Magenta and 1 for Yellow. So what should i do after knowing this. Sorry my knowledge with FxDreema is with its ready to use indicator but not 3rd party ones
. If it takes too much time on yr part, can you direct me to any previous postings or anything on the internet on how to proceed, please show me the link. Appreciate it. Thanks again. -
-
@biztet It works !!! Thanks very much. If you have not show me, I would never know. Thanks again
-
Goodluck!
-
@biztet Hi again. I thought I know all there is to know on buffer setting that you showed me but that is not the case. So hoping if you can help me again this time.
I am trying out this 3rd party indicator which paints sequence colored bars instead of arrows. The idea is to open position and close the opposite one when a new different colored bar appear. I know on how to set the buy, sell or close commands but not the trigger when the bar change color. It works fine with the arrowed signal you showed me but applying the same principles with buffer did not work with this indicator. I am attaching 2 pics and the indicator and hope you can help me again. Thanks.0_1654664452371_FXSHOCK_SC.ex4
-
@myworld2u for this type of indicator, looks like it shows trend.
Usually for trend, i suggest you add extra condition for trade signal.If Red > Look for buy signal > BuyNow, vice versa.
