Posts made by Luqmaan

@agitins yeah u have the ryt idea. basically bolinger band strategy works like this. The centre is the 20sma. If its above the 20sma u buy, bellow the 20sma u sell.

Also when u see market contracting. In otherwards the bands getting close together... u wait. And u watch that thing like a hawk, u will see it making jumps up, jumps down... dont enter on those false signals... u wait my guy, u wait.

When u see that as clear as day that thing is going up or down. Thats when u enter. Then u just ride the mommentum.

A good clue as to where the bands will move is to use an oscillator with it so u can check for overbought or oversold areas. This usually indicates a reversal is about to occour.

In most cases the bolinger band contracts when a reversal is going to occour

Whenever i try and make use of macd it just does not seem to work the way it should.

It should be as simple as 1,2,3 like it is with all other indicators but its not.

Why is that?

And i read so many posts and people keep having issues with MACD

Can someone please show me how to set MACD up so that it can buy/sell when the MACD main crosses the zero line.

I know how to make macd main cross macd signal
I also know how to shift the candles. Please understand my question has nothing to do with any of that.

When I try and make

MACD main
×>
VALUE/NUMERIC/ 0

The indicator gets a seizure and buys and opens positions continiously until im bankrupt.

Even tried changing to 0.0000
To no avail.

Please help

Hi looking to not trade when market is straddling. Is there a way to avoid this?

I was thinking perhaps dont trade at certain time of day but what time would that be per country?
I was thinking of using something that follows the trend but how would that work?
I was thinking of attatching a impulse up,/down to an indicator but even on a simple moving average it does not work the way i initially thought it would work. Does anyone have any ideas to share?

@timmyhanke lol manual trading and EA trading is diffirent. With manual trading theres certain trades you see on a chart and you just wont take it. Whereas with EAs their dumb. They dont understand logic unless we can programme it in.

@ss this wont work because the candle can close but the moving average itself wont necesirily be facing in the direction you want your moving averages to be triggered in. Super trend is the best option. But perhaps there is another way of detecting if moving averages are accending/decending

Hi i would like to know is there a way of getting moving averages to only trigger when facing up/down?

What mean is.

Lets say im using a 3sma for buy and 6sma for sell.

When 3sma above 6sma buy
When 3sma bellow 6sma sell.

But now...

Sometimes...

3sma is above 6sma buy but both are facing down
3sma is bellow 6sma sell but both are facing up.

I want the trade to only be opened when

3sma is above 6sma buy and both SMA's
are facing up

3sma is bellow 6sma sell and both SMA's are facing down

@roar lm laughing myass off as im reading this.
Ur ryt though if u share ur strategy then the next person would use it and at the end of the day it will no longer work because every newbie with a few bucks in the pocket will be using it and flooding the market with the same strat.

@agitins

Dude stay away from hedging. Trust me. U will be left broke at the end of the day. Hedging only favours the brokers. Unless ur trading off news event and market goes other way and u expect market to return back to ur position then hedging is fine. A better and safer way to accomplish what you want to do eould be to use a bolinger band. And code a indicator that picks up when bolinger band hits upper band buy, when bolinger band hits lower band u sell. Its as simple as that my guy...

I sometimes make use of a strategy that uses multiple time frames.

I understand that u can for eg. Be trading on a 4h chart with lets say a 30SMA and set up a condition to be true as an entry on a 1H charts 30SMA. But i wana also have the flexibility to trade a 30minchart and use 15min or even 5min as my entry.

Is there a way i can simply say "use previous time frames data?" Or use "next time frames data"
Instead of having to manually set it everytime?

When I trade i dont enter when the market is straddling/dead.

I ratger prefer to trade with the trend or with a retracement.

Is their a noise filter or something i can apply that would make my EA ignore when the market isnt moving in either direction?

I would like to customuse my indicators to enter when a new trend has occoured. How can I accomplish this?

@l-andorrà said in Counting candles before buy/sell gets triggered.:

conditions

Ok well i can explain it to u and perhaps u can help.
I basically want to only buy or sell when 20/50sma line up with macd.

I might add more indicators and play around with it at a later stage. But i basically just wana understand the logic behind creating an EA that only trades when all conditions are in alighnment at "roughly" the same time.

Macd for eg is a lagging indicator.
So it wont line up with my SMA in most cases.

That means that there might be opportunity to buy or sell at that momment but it wont trigger anything.

If i can have a parimiter of lets between the last 5 candles starting from the current that at that range all indicators need to be true within that range, and then it triggers my buy/sell. That would be ideal.

Hi I would like to know, if there is a way to close trades based on the opposite of the indicator occouring. for eg. if my trade is a buy everytime it crosses above 200 SMA, how do I make it close the trade if it crosses the 200 SMA for a second time?

Hi i am not a coder.What I am trying to do is link up multiple indicators that operate together only when they are within a certain candle stick range of one another. Since all buy/sell signals dont line up all at once in most cases. I saw a way on your software called width. But im not sure if thats what the option is for not. If it is then am i correct in understanding if i input 3 in width function, from the current candle... it will count -3 and +3 candles?