fxDreema

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    Help with very simple strategy (so I can learn from it)

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    • L
      Lock last edited by

      Hi there,

      I want to learn how to use fxdreema and though if someone could show me how to produce an EA for this strategy I may be able to learn by seeing.

      Using this indicator - https://www.mt5traders.com/absolute-strength-metatrader-5-forex-indicator/

      and the ATR.

      I would like to enter a trade when the blue line crosses the red on the absolutestrength.

      blueabove red for buys and blue below red for sells.

      I would like the stop to be 1.5ATR from entry and take profit to be 1ATR from entry.

      If a buy signal is followed by a sell signal before hitting 1ATR or 1.5ATR as stated above, I would like to somehow not record the trade (this is for backtesting the entry win% of different indicators.... using the absolute strength as an example)

      I would highly appreciate somebody showing me the way with this if it is possible.

      Thank you, Lock

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      • fxDreema
        fxDreema last edited by

        This indicator doesn't want to be downloaded... I used MA instead: https://fxdreema.com/shared/pczC8YSyb But will you understand how this works, even if it contains only 4 blocks 🙂

        L 1 Reply Last reply Reply Quote 0
        • L
          Lock @fxDreema last edited by

          @fxdreema Thank you!!

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