Bollinger bands
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Which Candle setting would you use if you wanted to Buy when the candle just touches the bottom bands and then bounces off, not crosses, but just touch..I have had the best luck with just using ma 1 crosses over but it still seems like it doesn't trigger enough, you really can't see it, it's so fast..
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I'm not good at suggesting strategy improvements, I'm afraid. Have you rtried other MA crosses?
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@shovel52 I'd check for 2 conditions.
Example for lower band:
- is the candle low below lower band
- is the candle close above the lower band
That way you'd catch all !touches that closed inside the bands. If you want toi ensure that price doesn't come back from below lower band, you may also add a 3rd condition that checks that candle open was above lower band.
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@trader-philipps She triggers when your example # 1 happens,,,when the candle breaks through the bands,and leaves a wick. I would have thought that candle setting, ,"bottom wick size(pips)" would trigger if set to "<=" , equal refers to a touch doesn't it? Is this the condition you are referring to, if not do, you have an example EA that I could look at?
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Ok I got it,using a lower input, down from BB 8, to an input of 5 makes it trigger nicely and dang it! this thing works, I just won 12 out of 14 trades on the demo, one to two ticks (cyborg) you exit manually, here are the inputs if anyone wants to try it and possibly make it better
- designed for price in sideways mode, (upper candle wick >= top BB) BB input is set to 5, experiment with it, I use 1 minute chart, sell here
- ma 1 > ma2 but ma2 is < ma 3,,this is saying that we are not ready to move yet,,we are all tangled up! if price breaks out, and the 3 moving averages line up
properly then price is not going to bounce back(theory but it works pretty good), then EA does not trigger...Somebody add a breakout so it will catch both moves, it's beyond me right now.
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@shovel52 Can you share your project, please? What is BB input for you? Deviation or SMA?
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This just won another 5 out of 5 trades a short while ago, it works best in a slow sideways market, I have used 1 minute chart only, you have to exit manually..
https://s40.photobucket.com/user/shovel52/media/Bollinger tangle_1.jpg.html?sort=3&o=0 -
@shovel52 There is a function in fxdreema to create a shared version of the current ea state. Choose on the top left corner in builder Project and then the last of th 4 points "Create a Shared Copy (web link)". That link you may post here.
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Ok Got it , here is a shot of this mornings results, and what it looks like on the chart,
It triggered multiple times on one bar..
https://fxdreema.com/shared/ROxIxte9bhttps://s40.photobucket.com/user/shovel52/media/this%2520morning.jpg.html?filters=Array&sort=1&o=0
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I wanted to add that this morning i cut this thing in half and used only the buy side of it..since price was in an up trend , I didn't want to get triggered short.
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for some reason , this thing won't trigger short, can someone explain that? I have been changing this thing around for an hour, and it won't trigger short..how can that be possible?
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Sorry, here is the link to the right Ea.
https://fxdreema.com/shared/pIkM3cS6e -
Could someone please tell me how to edit a post
https://fxdreema.com/shared/0kEdoSXzd -
@shovel52 Don't know why it doesn't trigger short, everything looks like on the buy side...
To edit a post, there are the 3 little dots on the right. -----------> -
So you are saying that it does not trigger short for you either? Is this strange? How do people create complicated trading robots when you can't even get a simple one to trigger short?
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@shovel52 Didn't try, I have mt4.
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@shovel52 Here's your problem:
You are comparing pips to price.
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https://s40.photobucket.com/user/shovel52/media/long.jpg.html?sort=3&o=0
Ok thanks for that, the strange thing is that it does" work like that. I t triggers long
like crazy......and I have tried a couple of other techniques and not found anything else as good. Could some one do me a favor? Here are the first 3 modules of the EA. could someone build this, " I don't want to share because I am troubleshooting" put it on demo and see if it fires for you>>long,,and if it does, then flip it over and short, I am trying to find out if "maybe" Metatrader problem,,,broker problem,,computer, server xf dreema.. or just me.. thanks john. -
@shovel52 Yes it works for longs, because this silly condition is usually true:
- lets say, candle upper wick is 15 pips
- EURUSD is at 1.1070
Condition: 15 is above or equal 1.1070 -> TRUE -> open buy
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Why is it usually "condition true" ? is that fxdreema glitch, or the way that price is being pushed?
