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    Multitimeframe Stoch EA

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    • T
      telemaco78 last edited by

      Hello,

      I'm trying FxDreema and I think it's great!

      I have to create an EA that open a BUY trade on M30 if:

      • Stoch(5,3,3) is under 20 level on M30
      • Stoch(5,3,3) is under 20 level on M15
      • Stoch(5,3,3) is under 20 level on M5
      • Stoch(5,3,3) is under 20 level on M1
      • Stoch(5,3,3) %K line crosses over the %D line on M30
      • Stoch(5,3,3) %K line crosses over the %D line on M15
      • Stoch(5,3,3) %K line crosses over the %D line on M5
      • Stoch(5,3,3) %K line crosses over the %D line on M1

      All these conditions is on a candle close. For sell signal is the opposite

      If the EA is attached on M15, it open a BUY trade on M15 if:

      • Stoch(5,3,3) is under 20 level on M15
      • Stoch(5,3,3) is under 20 level on M5
      • Stoch(5,3,3) is under 20 level on M1
      • Stoch(5,3,3) %K line crosses over the %D line on M15
      • Stoch(5,3,3) %K line crosses over the %D line on M5
      • Stoch(5,3,3) %K line crosses over the %D line on M1

      and so on...

      Can I create this EA with FxDreema?

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      • fxDreema
        fxDreema last edited by

        Well, not on candle close, but on candle open. So, use Candle ID = 1 in all conditions.

        Once per bar -> Condition 1 -> Condition 2 ->

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        • H
          hosurtu last edited by

          __Well, not on candle close, but on candle open. So, use Candle ID = 1 in all conditions.

          Once per bar -> Condition 1 -> Condition 2 ->[/quote:384jhvep]

          why do we use "once per bar"? can we start "condition"?

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          • fxDreema
            fxDreema last edited by

            We can, but then the result will be different. "Once per bar" can pass one time within a candle - from it's creation until it's closed. In the beginning, in the middle, in the end... If it's on top level, it passes on the first tick, because nothing is preventing it from that. If there is a condition, then it can pass later in the candle.

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