Posts made by Technodroid

@l-andorrà

Sorry try this link instead I forgot to update some blocks https://fxdreema.com/shared/BZp9XiHtd

@l-andorrà
I'm trying to create a 5 min scalping ea with the conditions listed and using the structure you suggested. I need it to buy when conditions are met (MA's CCI) and close trade when candle close below/above MA. I haven't used stops as candle close will do that.
Here is link https://fxdreema.com/shared/Pc4ZVxvee

Is this correct?
Would you advise I use a safety stop initially to minimize risk, say 25 pips?

@l-andorrà Ok will try that thanks.
Will I link that up on the same line as condition blocks then to buy block?

@l-andorrà I've changed time filter now thanks.
Is candle ID 1 the previous candle and would that be better to prevent false signals?
I thought the trailing stop might lock in more profit rather than wait for a candle close below or above.
If I used your structure would there 2 of those for buys and sells and that's it?

@l-andorrà Thanks for your help. I have one more question which will help me create a truly profitable ea. After testing and optimising I've noticed the losing trades were when the ADX line was decreasing. How would I set another condition for the line only going upwards? Would it be > object on chart, angle 45 as in 45 degrees?

@l-andorrà Try this one https://fxdreema.com/shared/Ku0pWn0be

@l-andorrà https://fxdreema.com/shared/blJGqwsZd

Ok so for a buy the main line crosses above the signal line and vice versa for sell?

HI all.
Does anyone know how you would specify a MACD crossover on a condition block?

Thanks

@l-andorrà Hi, I can't work out how to link this up to the buys and sells. I'm thinking maybe buy and sell if candle closes above or below moving averages then use trailing stop for closing trades. Would that be easier?

@l-andorrà I want to buy when price is above 200 ema and when it's above 8 ema - 2 conditions
and opposite for sell. Then rather than using stop loss or take profits to close trades (just initial stop and maybe break even once in profit so many pips) just close the trade when candle close's below the 8 ema for buy and above for sell. This would be on 4 hr chart.
The idea is to try and catch swings whilst trading with the main trend.

@l-andorrà

Also, do I use 'for each trade' instead of 'no trade'?

That's great thanks. Would that then take away the need for stop loss/take profit?

@percy hi Percy
You can set that in the expert advisor settings of metatrader :- Tools>Options>Expert Advisors

Hi all
Does anyone know how to close an open trade based on candle close below/above moving average?
Apologies if asked before but I can't seem to find anything. Cheers