EA with BBands
-
Goodmorning everyone.
I am a beginner and I came across this wonderful program, but unfortunately I could not create this EA
Is there anyone who can create it with the attached BBands indicator?
The very simple system should buy at the second point when it changed color and sell vice versa according to the attached screen.
The parameters should be the following:
Start and end time of the day ( example Start at 05.00 AM end at 18.00 PM )
Fixed lot and money management %
Profit target and stop loss in pips
Trailing start and trailing stop
All parameters must be optimized, therefore they should appear in the setting
Thank you very much if anyone can help me. Please HELP. Thanks
Sincerely
0_1574873639359_
BBands_Stop_v1.mq4 -
Hi Giovanni. I can help you. Did you create any initial project to begin with?
-
Hi
Thank you very much for your reply. Yes, I did a project that I don't know how to attach it so you can see it. This system works in Buy and Sell but does not close transactions at the color change but keeps them open until Profit is reached or the stop loss. Also, not Buy and sell at the second point but only when it touches the BBands.
Failing to make a single system, I made two projects. One in bay and the other in sell.
If you tell me how I can attach the project I will send it immediately. But any case it's
NO TRADE- CONDITION candle close x> BBands - BUY or SELL
Thanks again.
Giovanni -
@giovanni You can do this in the Builder like that ...
When you say buy at 2nd dot, does it mean on candle open or on candle close of that 2nd candle after first dot?
For close condition: Should it close when price crosses the dotted line or only if it closes beyond it?
-
Hi Trader Philipps, and thanks for your information. But I only have the free version of fxDreema. I want to do the paid version now. Therefore I cannot show my project now.
For your question, I would like you to buy and sell at open bar only when the second point is appears, and when the second point appears the bar has crossed the indicator. Therefore it must buy or sell at open bar.
For the closure that then becomes the reversal if it has not yet reached the profit or the stop loss, it must do the reversal at the opening of the bar but only when the second point is visible. Sometimes it happens that the bar crosses the indicator and then retraces and then the second point is not visible on the open next bar, so the trade in buy or sell remains.
I'm running manually with a time frame of 15-30-60 and 240 minutes, and believe me I can do about 30/40 pips a day on more crosses in times of volatility. It is logical that I settle for a few pips per trade. But I always have to be in front of the computer. And this is not in my lifestyle and for this reason I ask for the trailing start and stop.
I hope I explained myself well but in any case I am available for clarification
Thank you again if you can do something.
Best regards.
Giovanni -
Here's how it runs the system I did.
Regards
-
Just curious. Can't free users share their projects?
-
Dear l' Andorrà. Unfortunately I don't have the same screen you sent me, otherwise I would have posted it. I also don't know how to save projects to retrieve them later. If anyone can help, I would thank him. I said it in the first post. I'm a beginner, even if I'm old Forgive me.
Best regards. -
@giovanni Free members can share projects too. The scroll down toolbar seen in the picture from trader.philips is found on the left side up.
There are some tutorials, just search on the forum, too get familiar with the blocks, also some videos on youtube.
For what you need there is hours block, conditions blocks with candle option for open, also candle ID, you can use your indicator, pips, timeframes, and many features. It is really a dream
I recommend spending some time on this documentation process, otherwise anything explained here is not understood.
The non paid version is similar in features, the only limitation is that only 10 connections can be used.
To change parameters for optimization, there is a tick box that has to be checked and it is at the right of almost any option in the conditions block. -
@giovanni you don't have the same screen L'andorra showed you because you are in the showcase version of FxDreema, make sure you enter https://fxdreema.com/builder
there you will see it.
-
Thanks Mariano. I'll try. But first read below.
Thanks to everyone for the precious advices. Unfortunately in my screen I don't find what indicated by trader.philipps. I don't see "Project" "My Indicator" Profile ". I would be happy to share it with you all.
I read the tutorial and examples but what I did I posted as an example of what I managed to get. In the EurGbp chart with the Dreema system (27) it bought at the touch of the indicator, while he had to let it in sell, or buy to the possible second Magenta point which did not appear anyway. I thank CPxiom for suggesting parameter optimization. I understand how. And if someone wants to connect via TeamVeiwer to my PC. I would be happy to share it. Let me know. Otherwise I'll have some Freelancer develop it with my promise to post it on fxDreema.
Besr regards -
Thanks Mariano. Everything appears as indicated by Trader.Philipps, But now what should I do to post it? However, I confirmed the link.
Thanks. -
@giovanni once you are in the builder, clic "project" --- "create shared copy"
to the link it will give you, you have to add at the beginning: fxdreema.com/
and post it here so others can access your project
-
-
Apparenly you got what you are looking for. You just need this part to limitate the time period to work with:
Additionally, blocks 2 and 5 specify candle ID 1 in the left operand a and candle ID 0 for the right one. I don't have that custom indicator but I guess you can find some issues there. Do they open your trades as expected?
-
@l-andorrà The custom indicator is in the first post MQ4 file. Just rename it after download and put it in the indicator folder
-
@giovanni As I wanted to test that indi for a long time already, I just clicked it together. You may use it as a base. And you should also implement some other take profit than just trailing. Here is my project .
And here the corresponding mq4 file: 0_1575253291089_BBandsStop.mq4 -
Thank you all for your information. Now I'll get to work on solving the problems.
For l'andorrà: I will try to insert the time as suggested. I guess it should be placed at the first point above "No Trade" This is very important for small time frames while for 240 minutes it should have no time limits. Also, unfortunately, it does not open the positions at the second point but only at the touch of the indicator. Help please.
For Trader.Philipps: Your project reflects as much as in my first post. But it only performs trade in buy and not in sell. Ok. to open the trades to the second point, but does not execute the reversal. Furthermore we should have the possibility to modify the BBands with different length and optimize it for each time frame.For example length 20 for 240 minutes and length 35 or more for shorter times.
Later I will post what I managed to do.
But, my initial project is very simple. (see post 1) All you need to do is settle for a few pips in profit (5/7) for each trade on multiple crosses and reach 30/50 pips per day, losses included. Just make it work in the second point reversal.
Thanks again, and it's nice to be able to share with those who know more than me.
Best regards. -
Ok. Giovanni. Could you please share the most recent version of your project? The one with the latest modifications included.
-
[0_1575319384439_StrategyTester EurUsd 60 M..htm](Uploading 100%)
Hi l' andorrà.
Unfortunately I can't post it because I'm no longer able to make it work. Many attempts, but I could not conclude anything.
However I say that the "trader.philipps" project is very good. I ask you and Trader.Philipps or others if anyone can make the following changes for the moment to his project above :
1- must trade in Sell and not just in Buy. I don't understand why in the Backtest from 01/01 / at today TF60 minutes has only made 4 trade in sell.
2- It must have the possibility in the setting to modify the length of the indicator and the deviation and the risk. So these parameters must be visible in the initial setting so you can optimize it with different time frames. For the attached backtest I had to use default length 20 while it should be 35
3- Must have the appropriate trailing start and traling stop in the setting. I mean that if the trailing start is placed at 15 pips in the 60 minute time frame and the trailing stop is 5 pips, if the price goes to 20 pips on profit and then retraces, the profit remains 5 pips.The rest works beautifully, and the important thing is that Buy at the second point. Unfortunately it does not perform trades in Sell.
I will try again tomorrow to do something positive, but I doubt it. I'm too old to learn quickly. So I'll ask my programmer in Tainlandia if he can develop it even if it will cost me a lot of money.
With my best regards.
