Posts made by Mohamed80

@jstap

Thank you for your reply.

1-With setting Candle ID to 1, won't the EA be trading based on previous candle data? In this case, if I use Daily for the candle's strength, the EA will only rely on the previous candle. But it is not what I am after.

2-I am trying to understand the second part of the reply but I can not so far. Do you mind showing me an example for how to put in Brackets.

3-I will look more into Modify Variables and storing variables.

Hello,
I am trying to create a simple EA that will trade Percentage change per currency. Coming from an Excel environment, I created more than one block trying to achieve the following simple formula:
If Open>close the Percentage change is (Close - Low) / (High - Low) * 100
If Open< Close the Percentage Change is (Close - High) / (High - Low) * 100

The EA will execute if a certain percentage is achieved. The default is set to 90%.

The EA is not taking any traded in backtesting. I am attaching my project and if you could help me with two things:
1- How to input these formulas in the (Formula Block) by typing a simple Code.
2-what am I missing or doing wrong.

https://fxdreema.com/shared/lMEVJchhc

Thanks in advance

@max-c
Thanks for your input.
How can the True/False flag look back to find the most recent crossover?

@seb-0

Wanted to ask about some variables in your example. I saw P1/P2/P3 and v1 + 1.

Are those variables for mathematical calculations? Where would I find relevant documentation for detailed explanation?

Thanks,

@seb-0
Thanks,
Do you have an example for the boolean variable?

@seb-0

Thanks for the example.
Should I place the (Once per Bar) below the condition?
The reason is that I want to make sure the first crossing did happen after the candle has closed and not during the forming of the bar.
I found this link https://fxdreema.com/demo/mt4-once-per-bar

@seb-0
Thanks for your reply,
Normally I set my EA between certain price levels or with other filters. I activate and deactivate the EA at certain levels/time so not each second cross will be taken all day long.

However, you have a good point.

Once I know first how to identify the first crossing as l-andorra suggested, then I can try further additions for learning purposes.

@l-andorrà Thanks for your reply. Can you please share a small example of how to identify the first crossing? I am relatively new to FXDreema.
Thanks

Hello,

I want the EA to trade the second crossover of an indicator.

For example: MA 5 crosses over MA 10 for the second time.

MA 5 bullishly crossed over MA10 then bearishly crossed then crossed up again. When this happens, the EA should trade and go long.

So what I need is to look back and find the last crossover as a bearish one and before it a bullish crossover.

Can this be done?

Thanks,

@cedietradermax

Thank you for the detailed screenshot.

@l-andorrà Thanks

@mohamed80

I want to expand more:

What I really want to do is perform something similar to Excel.
If RSI is above 5 then a value of 1
If MACD (main) above (signal) then a value of 1
If close above MA then value of 1

If the total is equal to or greater than 2 then buy.

————
Is there a way to create a variable with such conditions and then add them?

Thanks

Hello,
If I have 10 conditions for Long, how to design the EA to trigger ger buy/sell if 70 percent of these conditions are met and not all of them.

For simplicity, I am sharing a project that has three conditions only: MACD Cross, RSI above 50, and Price above MA

Shared Project:
https://fxdreema.com/shared/34rmRWNKc

I want to only buy when two of these conditions are met.

I used Flags in this project but did not work for me.

Thanks,

@l-andorrà

With regard to the first question:

I will add a sub-question:

If I create an EA for MT4 that checks conditions in Daily and H4 and at the same time have conditions set to the current chart, which will be an offline chart, will it work?

In other words, if this EA is placed on a H1 chart, it will definitely work but when placed on an offline chart, it may or may not. I am trying to substitute the Higher Box Renko with Higher Standard Time Frames.

Thanks,

Hello,
For the Formula of EURGBP/NZDJPY, it will be close of EURGBP divided by close of (NZDJPY). At the moment, it is 0.01098.

Let me expand more on the subject:
I sometimes create a custom symbol for general currency strength for EUR for example based on three pairs:
Either EURUSD * EURGBP * EURJPY 0r EURUSD+EURGBP+EURJPY
So we multiply the closes or add them.

Another incident might be trading two (or more) different pairs in two different directions. It helps when I combine them in one single chart for Technical analysis and to trade on it.

Let's say I have five pairs who are bullish and the other five are bearish. I create a basket of these 10 pairs with my own formulas (as I described before) and combine them in one chart. Then I trade based on this chart. I do this in Tradingview. I tried to attach a screenshot but did not know-how.

Thanks

Hello every one,

This is my first post here and my first time to know about FX Dreema. I have specific priority needs and thought of asking in the forum first before delving into the tool. I have in the past purchased another product and realized after a very long time of use that it does not meet my needs.

I have a couple of questions please to what FX Dreema can or can not do. I am not at the moment asking for (How To) but rather (Can FX Dreema do?). If it does, then I can definitely allocate the time for learning it from A to Z.

1- For MT4, I use Renko multiple box analysis. I may have three offline charts named M10, M20, M40 for (10,20,40 Renko Boxes). I want to trade on the M10 offline chart based on conditions in M20 and M40. Can FX Dreema Do this? (It will be hitting a jackpot for me).
If FX Dreema can do this, any ideas of how to backtest? I can backtest on one offline chart by a script but not sure if this would be applicable by an EA that references conditions in other offline charts.

2-In Tradingview web charting platform, I create a synthetic instrument. For example, I want to buy EURGBP and sell NZDJPY. So I create a synthetic instrument with the formula (EURGBP / NZDJPY). I learned that the same can be done in MT5 by creating a custom symbol.
So the question is: Can FX Dreema trade on this custom symbol chart?

Thanks in advance,