Condition Entry on Candle OHLC
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Hi,
because i'm using Bollinger Bands system, would like the EA to open position at or close near the upper or lower band.
When both my conditions of BB and Stochastic are meant, i've found that when Stochastic crosses back it it sometimes at low or middle of the candle for short and vise versa for long.
To prevent and to give safer better would like it to pullback within same movement/ candle. Currently using 1H candles, there price has good time to potencially come back up or down a little within same candle.
Entry should appear for buy at the lowest point of the candle trigger was detected,
Entry for sell at the lowest point of the candle trigger was detectedCan somebody help how to add this in the EA?
https://fxdreema.com/shared/an5JDNw9b
Thx
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The problem is that you are using a 'once per bar' block on top of your structure. That means conditions will be only checked at the open of each new candle. In order to do what you say you should remove from its current positions and use two of them, one immediately above both 'buy/sell now' blocks.
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Sure, i have remove once per bar block. Thank you.
Do you mean like this?
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Hi,
Have tested new approach today.
Unfortunately robot is still opening few little trades and if so, it opens within momentum but not on the reversal point of stochastic crossing back from either 90 oder 10 Level to neutral zone.Just using Heiken Ashi to see when in trade, when there would be good point to exit. Was thinking about stochastic for opposite signal. Do you have experience for this as exit indicator?
Do you have an any idea?
thank you sir.https://fxdreema.com/shared/33uWw4Jlb
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You need to separate both conditions in different block trees. The BB condition needs to be checked at a different moment of the Stochastic. Now they are connected into the same block tree and that makes the bot to check them continuously even though you are using flags. Definitely separate them into two separate block trees.
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Yes, the idea is that Candle ID 1 < BB Low 2 for Buy and
Candle ID 1 > BB Up 2 for Sell as a trigger.Then as a signal there is 2. condition block for confirmation.
Currently testing different approaches like Stochastics, Heiken Ashi for entry confirmation.
Found that Bearish Candle with Bullish Heiken Ashi works good as confirmation.
Bullish Candle with Bearish Heiken Ashi for Sell.Stochastic signal seems sometimes a bit to early even though it crosses back.
Only is that when Heiken Ashi trigger candle appears it should work best when enter at highest point of the wick for sell and lowest point of the candle for buy like idea i was talking about earlier in this thread.
I've found different approaches for the candle type signal, which would you use in conjunction with HA? Does it need to be once per bar or continuous signal?
This is solo testing for candle type:
https://fxdreema.com/shared/DdWYQaS7e
This is current project:
https://fxdreema.com/shared/WaFV5krkd
Thank you in advance
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Forget that 'continuous' feature. It's an old relic from past versions of fxDreema. The only thing you should check before moving on is if that indicator's buffers are correctly identified by fxDreema and if it repaints. If it repaints the EA is doomed. On any recommendation on what to use together with HA I wouldn't say anything too solid. personally I don't like HA too much, so probably other user will be able to offer better advice.
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Ok thank you very much, yes i understand, that it can be identifyed correct.
Really like Heiken Ashi mainly for trade mgnt until color shifts, it's like a trailing stop in itself.
