Hi really like your approach to Bollinger Bands.
Currently testing as well with Macd.
Could you please tell me, whats the indicator you use for green and red hatched background in Bollinger Bands is?
Do you use it as confluence for "if area is touched" because of price doesnt touch the actual band itself?
Ok, so if i got you right it would continue because of the double conenction path because this is where signal would be processed next right?
Ah i see. Thank you.
So in your example you said i still would need to switch it, so pink with white font needs to be below black font?
Is a loop then automatically reacting to any open trade or do i need it like in your example to connect for both buy and sell with "for each trade"?
Hi guys,
is it possible to have fx dreema look for 2 indipendent setups for either sell or buy?
This is a example for Short, for Long would be vise versa.
The idea is to have it look for both setup so setup 1 the Upper/ Lower Bollinger Band Reversal with MACD Crossover and as second setup 2 a pullback or if consolidating before like a breakout classic bollinger bands Squeeze from the actual 20 MA Line with MACD crossing the 0 Level either from above or below.
Hi guys,
is there a way to make a condition when trigger was hit earlier but is still valid?
I know there is something like candle count, but this could give false signals if market continues to pull back more to the upper or lower bands which would invalidate the setup.
My setup in this example would be the "touch"/ cross of the upper or lower bollinger band as the first soft trigger but then afterwards the actual trigger the crossover of the Macd Line. Often market first touches the bands or even better goes outside and back in and then by macd crossover with second trigger market goes in preferred direction.
Ok got it, so you dont mean the entire row only counting each piece by itself.
But why do you continue from 10 after 5, just asking because the tree is seperating after once per bar, arent they equally counted?
Hi,
yes found that ATR works good for Stop Loss placement but not to give increase in momentum.
Found that ADX is super lagging, therefore acting not good to indicate breakout even when the line crosses above 20 level.
When backtesting there was a lot of "momentum" indications from ADX, when it was above 20 or 25 level, but then still maintain in a tight range.
Hi, yes ok, but still dont understand what you mean by dark.
Cant find any dark blocks on the left side.
You mean drag-able blocks like conditions for instance?
Currently testing with 200 SMA to give larger trend direction, but only need to have something to tell the EA that market is ranging or trending.
Sort of like Bollinger Bands, cause there are only 2 directional movements of the market,
Hi, tried ATR only for Stop loss placement before, to give it more space to breath.
I've found that even ATR is high/ rising market can be very choppy sideways as well.
How did you came up with 34 period for M15?
Just used the regular 14 period before.
Yes, but in the indicator it needs to get the data somewhere i fought, therefore need to connect via some sort of news page right?
you know DLLs web requests.
Ok, so with block id number you looking at it as a row from top to bottom, and then its counted 1,2,3,4.... as ID
Ok, but you then need to connect is with expternal website right, to get the current news data? Like tradays or forex factory right?
I applies to regular market conditions, it is either in consolidation or expansion. I know what you talking about with Sessions, but i've found that yes some participants come and go, but Forex is traded 24/5 therefore even in Asia Session market sometimes expands and ranges in New york session and vise versa. Even overnight there are often trendig phases in EUR/USD or Gbp/USD. So to keep it simple, Up, down or sideways. I just need a filter to avoid when market is calm and when Momentum starts to come in.
Same thing with Volume for example. Often, first comes Momentum and then comes Volume.
For some times thought that ADX might help with that, but often even when is stays often certain level there is consolidation and vise versa.
Hi, so would make it on Trade section 1 to check for daily trade limit adn one for daily win or loss limit right?
Check trades closed -> max daily limit is equal or greater than 2.
check profit of last closed/ Check loss of last closed -> count win/ loss trades.
As you mentioned they would be trees and would work congruent without the need to be connectet by orange line?
OK, so you mean like normally connecting a No trade-> condition-> Buy/sell block for example i guess? This is called tree.
Just connecting blocks by the orange lines.
https://fxdreema.com/help/working-with/money-management
Do you mean this pink ones under On Trade section like on the screenshot?
Sorry, what do you mean by dark ones, couldn't find those.
Ok, but it isnt available to get access to external links in general right?
