Posts made by wralyn

Perhaps he is referring to fxdreema . Testing the mt5, version if fxdreema?

@roar okay thanks I have not reset In puts from expert properties yet. That may be why. I noticed alot of setting in the ea that weren't actually in the code haha thought that was wierd. I'll try it thanks.

https://fxdreema.com/shared/4qQ0LbhP

this ea is not opening trades, any ideas why?
maybe the variable is not set right is the only thing i can think of.

its supposed to wait for a bearish divergence, then set the variable [ br_divergence] to 1.

then the condition is once br divergence variable is 1 it will wait for close below 70 ema the open a short.

but when i backtest it will not open trades.??? any insight would be much appreciated.

@roar thank you roar.

@roar yes it does open trades , my apologies but im still confused on how to add additional trigger conditions to the ea , before it opens trades for instace how do i make it say, oaky there is divergence , now ill wait until the candle breaks the last swing high and close the i will open buy now trade condition.

@roar wierd okay haha maybe it's an isolated issue to my set up or mt4, I'll double check and see what's going on.

@roar https://fxdreema.com/shared/zebsfORde

I changed it a little bit trying to get it to open trades but it won't. I'm doing something wrong.

@roar https://fxdreema.com/shared/WBZYdXax

this will not open trades did i do som.ething wrong

@roar thank I'll take a look at it on my lunch break. Thanks alot. I appreciate it.

@roar hey roar I was wondering , do you know how to make an ea go into a kind of loop, after certain conditions are met, but then wait for a third or fourth trigger condition to enter a trade .

For example the ea spots an bullish rsi divergence when price is under the 70 ema, but then waits for a convergence with RSI ,then a break over resistance or break above 70 ema with a bull candle to trigger the trade.

If a new low is made on the chart before the trigger then the whole set up process starts over.

So there is a set up, trades goes into waiting loop then waits for trigger, if trigger conditions are met before stop conditions then the trade will execute. If not it keeps looking.

Thanks I appreciate any insight into this.

@roar very good advise I will see what I can build. Do some testing and see what I can come up with.

@roar noted.!

@roar interesting thoughts I will test them. Thank you for the Input.

Do you have any particular algorithm s that work got you?

@roar nice I haven't played around with the custom code but it seems like it adds a whole new level of versatility to the software.

@roar would you just change out long for short in the code?

Any thoughts guys. Any input? I also had a thought for this ea, I noticed that sometimes the trades it takes within 48 to 73 hours after the 70 ema crosses the 500 are fake out trades that tend to draw down substantial ly.

My thoughts were to add a filter that says, hey if they 70 ema just crossed the 500 the wait for 72 periods (on the 1hr chart) before allowing new trades to open.

Any thoughts on how to achieve that in the fxdreema software?

Please share. Send the shared link so we can have a look at it.

I can do some testing and find some optimized settings if that would help as well.

@abdulrehman4964

yeah here is the ex4 file.

Pclose the gap v1.9.ex4

@l-andorrà of course

ok for instance this is one of the first ea's i created.

here is a Simple ea that i created
https://fxdreema.com/shared/5Opi4t8uc

It was built on the premise that if the 70 ish ema is above the 500 ema on the 1 hour chart eur usd,
and price begins to close under the 70 ema, then momentum is beginning to wain.

the Ea will open a short on the close that crosses below the 70ish ema and close when
price reverts back to the average price of the last 500 bars(500 ema) then the ea will close the short.
essentially trying to trade the gap between the two average price points. for that reason i named the ea
gap trader for simplicity sake lol.

works vice versa for shorts.

for capital management the ea will open a lot size that is a % of current equity , the purpose of this is to create exponential return on investment overtime, as well as to prevent over leveraging the account.

ive tested it on the on the eur/usd mostly so far, using the lst 7 months of market date for back testing.
that period of time is only demonstrating a limited scope of market behavior so interested to see how it will
perform under different market conditions.

i would be interested in seeing improvements that can be made or additional filters that can keep the ea
out trades that swing against it as much as 170 pips.

but in a back test I did on the EUR/USD from Janurary 1st 2019 to present day the ea took 194 trades
and won 194 trades. its extremly robust however that fact that it wont close an unprofitable trade means there is a risk
of ruin on the account. someting to keep in mind while trading.

here is a screenshot of the backtest.

( image url)

let me know thoughts and feel free to compile the ea and run your own tests, or make changes and improvements.