Posts made by fifeivkbdedwcf

@jstap

Ok so i need to connect both green ones as well, the set and check flag as well?

Got it.

Could you please explain what you mean by 2 trees and reset if needed?
You mean to place everything strating from the check flag next to it?

Hi guys,

trying to make the EA to take Profit as soon as Stochastic crosses from above when in long trade and from below when in short trade but unfortunately missing the second row like in condition to set the X>, =, > ...

Backtested with trailing stop loss as well, but this would cut of winning trades to early.

Mainly found that there 2 possible outcomes, trades moves a bit in profit but then get stuck or works out perfectly, there would like to cut it when stochastic crosses in opposite direction to prevent market moving back to entry level entirly or give it enough space to evolve until signal for take profit appears.

Somebody used this before as well or knows how to apply stochs for take profit.

@l-andorrà

So you mean the flag connection itself is wrong?

Talked to Mr. jstap about flags before.

So if flag trigger is hit, it waits until condition for the Bollinger Band touch/ cross above/ below happens again, then a new flag would count right?

What i've noticed from backtesting i would like to prevent buying when there is "band walking" and market is keeps on rising and touches band every candle until momentum changes even when candles went outside the band and come back in.

I've found that i need sometimes like the flag to make it count even if band is crossed or simply touched, because due to market volatility only need to prevent buying every touch/ bounce of band.

What i've noticed that most of the times the trigger of the band can appear some candles before, before the actual cross of stochastic and or MACD happens.

In some situations when market makes smooth Lower Higher Trend it works even when market stays inside the band and touches it from inside.

Do you have a tip for indicator to prevent fake signals from the bands when there is significant momentum?

Found from backtesting to keep this strategy as simply as possible with only bollinger bands and some Crossover confirmation like Stochastic and or MACD would work great.

@sktsec

ok got that, but how do you know which offset is right for each broker?
I mean in MT5 in demo account is uses default time showcased.
Currently i trade with prop firm using external Broker Purple Trading for instance i've found the following for MT4.

GTM is +3

Do i have to adjust to my local time zone as well or would this be enough to adjust in the indicator offset?

@jstap

Hi,

yes i undestand. So Set flag is the barrier to get to next instance for Check flag and next condition is checked.
Do i need to connect the Set Flag and Check as well with the orange lines?

What do you mean by set back to false? You mean like with the yellow line? Which do i need to connect?

Hi guys, recently testing Bollinger Bands Flag Trigger with Stochastic Crossover.

How long is the Trigger of BB Flag available when the Band is touched.
Got the tips to use Set Flag and check flag and then the next condition of stochastics to take the trade, but sometimes Trades seems to be opened way worse then actual prices of Bands after prices is already at other bands and not like Selling when price is acutal at upper band for instance.

https://fxdreema.com/shared/wyNb0YPHb

Thx

@l-andorrà

Yes he and you helped me a lot so far. Thank you.

So you would say, that just doing it by the flag Set Flag
and check flag would be enough right?

He also encouraged that, per bar should be placed below all conditions is this correct?

Do i need to connect the set and check flag conditions as well?

https://fxdreema.com/shared/C2LYwGuY

What i also found with shared link is, because i use trading conditions on tick and on trade for daily risk mgnt, to have it only 2 trades per day and max daily loss limit that it only showcases the on trade is this normal?
Cant both be used together?

@sktsec

I've got you right, if used on demo server by MT5 it works in time with auto settings, but if used with prop firm brokers location time may vary?

Did test it on demo yesterday and today, didnt change anything for server time but seems to be working so far.

@sktsec

Could you please send again, file cant be open

@l-andorrà

Hi is the flag settings correct?
Just got the idea from somebody else in the forum.

The touch or going above Bollinger Bands should act as a "soft" condition
->Flag

and if true
then the indicator below would confirm by the crossing.

From backtesting i've removed the 2. setup directly from the Moving average with Crossing, and use a touch from the B Band deviation instead.

Currently testing Stochastic instead of MACD.

@jstap

Hi, thank you very much for your help so for.
so you mean a once per bar for buy and sell conditions each just right before the actual buy/sell market block?

https://fxdreema.com/shared/RwwEn2scc

@jstap

If i get you right, i would need 2 trees in total?

1 for total won& loss and 1 for trades with the max daily limit.

@sktsec

Yes just downloaded it thank you a lot.
Will try it with the EA as well.

@l-andorrà

Hi do you mean by the " modify variables" blocks?

And do you mean to place it after each condition for local setup or once per setup?

@jstap

Thank you.

Do you mean something like this?

Currently using 3 conditions.

1. Price needs to be above/below 200 SMA always

2. Would be the Trigger of Bollinger bands, if Price is at or outside the bands.

3. If BB was touched it should wait for MACD Crossover to enter.

https://fxdreema.com/shared/8GehHDHod

Hi guys,

currently building an EA for FTMO, and to make it stop if max. loss limit is reached for the day.

1. should only trade 2 trades per day max and 0,5-1% of the account size.

Would this be enough?

https://fxdreema.com/shared/OmzhrdBYc

@sktsec

Hi, is it paid indicator?

@jstap

Hi,

so if i get you right it would be a third column to check either daily max trade limit and daily loss and profit limit where it says if true-> no more trades for this day.

So a if one of these is true function it blocks to trade for this day.

If true dont pass.

https://fxdreema.com/shared/5NIhEVLsc

@jstap

Ok thx, just asked for curiosity, so i can understand how it functions.

@jstap

Ok so for each would be enough if it should check if either trades number or daily loss and win limit would count?

As i get it a loop is recurring and then would start again for the new cycle for every day in this example right?