Buy-Sell when arrow of the indicator appears
-
hello there. i would like to ask you guys a question. i have an indicator which it gives signals by popping an arrow when to buy or sell the market. i have created many EAs with this indicators but none of them seem to work ok. my projects are these ones
https://fxdreema.com/shared/V4G0Gmmfd
https://fxdreema.com/shared/jSUDqQSFd
https://fxdreema.com/shared/Kw1QzULad
https://fxdreema.com/shared/EWuTTk8U
https://fxdreema.com/shared/o6hy4EGTbI have identified Buffer 4 as the buy arrow & Buffer 5 as the sell arrow.
My conditions are simple. When buy arrow shows up on Candle ID 1 close the previous trades (either buy or sell) & open a buy trade
When sell arrow shows up on candle ID 1 close previous trades (either buy or sell) & open a sell trade.
Any help would be much appreciated. i am a free user of fxdreema so i dont have an option of connecting more than 10 blocks per project
Thank you in advance for your time & im sorry for any inconvenience -
@jokeratos Try to select candle ID 1 on all operands of the conditions blocks in which that indicator is used. I guess (and it's just a guess) that it repaints. That would mean it will not be recommended for any EA.
-
@l-andorrà i was thinking it but even if it repaints if the arrow has popped on candle ID 1 or 2 lets say and now we are on candle ID 0 doesnt that mean that the signal should be valid as the indicator has already settled and its moving now where it was meant to move in the first place?
-
@jokeratos Yes, it should. Can you please show a screenshot of your 'my indicators' window with teh custom indicator selected? Maybe its buffers are not correctly identified.
-
This are the settings & as you can see when the arrows show up after it settles down it makes the move towards the direction that the arrow is showing. Buffer 4 for Buy arrow Buffer 5 for Sell arrow. what do you think @l-andorrà ?? -
-
@l-andorrà oh yeah sure here you go
so are the buffers ok or do i need to do smth with them?? -
@jokeratos Good. At first glance the indicator is correctly imported into your fxDreema account. That's good. Now let's focus on just one of your projects. Please select one and we'll work on it.
-
@l-andorrà shall we focus on this project?. as i mentioned above i want the EA to close the sell trade when the buy arrow pops up & open a buy trade when the confirmations are met. viseversa as well when sell arrow pops up close the buy trade open sell trade when confirmations are met.
im always gonna look for a 3:1 RRR on every trade.
If thus doesnt work with closing trades when arrow pops up we could use trailing stop as well. this is what i want from the EA. what do you think mate?? -
@jokeratos said in Buy-Sell when arrow of the indicator appears:
@l-andorrà shall we focus on this project?.
https://fxdreema.com/shared/o6hy4EGTb
as i mentioned above i want the EA to close the sell trade when the buy arrow pops up & open a buy trade when the confirmations are met. viseversa as well when sell arrow pops up close the buy trade open sell trade when confirmations are met.
im always gonna look for a 3:1 RRR on every trade.
If thus doesnt work with closing trades when arrow pops up we could use trailing stop as well. this is what i want from the EA. what do you think mate?? -
-
@l-andorrà yes that helped it identified the right candle & opened the trade on the next one which is what i was looking for. Also when the opposite arrow was confirmed it close the current trade and opened another one on the other direction which is good again as i was looking for.
the next part threw me off, when the opposite signal came in play it didnt close the current trade & kept going. after that too many signals where ignored. in conclusion its still not complete. i tried to make it with a trailing stop but its not the same 7 for some reason trailing stop only worked on buys not sells
https://fxdreema.com/shared/F4XRCEH6d
https://fxdreema.com/shared/MSMFP5xqc
what do you think @l-andorrà ?? -
@jokeratos Blocks 3 and 12 are to be modified. Block 3 should be specified for sells only and block 12 for buys only. Your second project doesn't have those blocks. This is why multiple trades were open and none of them closed.
-
@l-andorrà i just tried it how you suggested me to do. it still worked for the 1st trade, after that it ignored every other signal. plus this time i tried in multiple tf. on some it didnt even close the 1st trade. it still doing the same thing. i was thinking if i need to add an (If trade) block??
https://fxdreema.com/shared/X8eCXieLd -
@jokeratos Blocks 1 and 10 are both dedicated to seahc for buys only and no sells.
-
@l-andorrà It actually worked. i had to change Block 1 to buys & Block 10 to sells. i really appreciate your help. Now we start the Backtesting & Money Management. I will let you know as soon as i get results & everything. thank you so muchh
-
@jokeratos Good news!
Please don't hasitate to share your results in the forums. -
Hello @L'ANDORRÀ
I am also working on a similar project, following the same steps as you have instructed. But it seems that the EA is not working on the order. When I run it, I only see a buy / sell arrow
Please guide me where I went wrong. Thank you so much.https://fxdreema.com/shared/zHOyyhX1b
My Indicator:
-
@hoangkyanh Can you please share the link to the project?
-
ello,
Glad to hear your feedback. I have created 2 different projects in 2 ways, but it doesn't seem to work.
Please help guide me.
Thank you very much.Link:
https://fxdreema.com/shared/DLFlmYppd
https://fxdreema.com/shared/zHOyyhX1bMy Indicator: Super_arrow.mq4
