Auto channeling draw
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Here is a drawing project of mine.
It draws channels based on linear regression direction, on maximum distances from the axe, and with a dynamic window.
The EA searches for a pertinent channel based on the number of rebounds and their relative amplitude.
There are a lot of loops going on so I hope your mt5 isn't gona crash.
https://fxdreema.com/shared/YKFrXiEne -
Hello seb.
do you have a picture of what it will represent?I transcribed in MQ4 but that does not matter ...
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@belgam
A picture of what do you want, the channel ? -
@seb-0 yes. Cause I put your EA on my chart and nothing appear.
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@belgam
A channel is drawn only when a pattern is found, it happens let say once every 400 candles with these parameters.
You can increase the "percent" value and decrease the "MINrebounds" value for less strict conditions. -
@seb-0 Certainly impressive! Did you backtest it thoroughly? Is it completely bug-free?
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@l-andorrà
Thanks, yes I backtested it in visualize mode cause it doesn't take positions, works all day
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wasn able to get it to show the channels either.
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@seb-0 Certainly one of the best example of using loops in fxDreema I've seen so far.
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@seb-0 said in Auto channeling draw:
Daha az katı koşullar için "yüzde" değerini artırabilir ve "MIN geri tepme" değerini azaltabilirsiniz.
hello, well done, the project looks really good, but the channel is not visible in the backtest. For less stringent conditions I increased the "percentage" value and decreased the "MIN recoil" value, still the channel did not appear.
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My bad, is this one
https://fxdreema.com/shared/YKFrXiEne -
@seb-0 it looks absolutely amazing my friend. I'm trying to understand your project. Where do we add Buy / Sell in this project?
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@ladydolares he's created an autodrawing channels. you would be the one to determine how you trade it.
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In my opinion, this isn't intended to be a project that you would build an EA to trade off of either.
Its well understood in the community that drawing indicators in Dreema is not a good way to do it because often there are problems with code, transation from Dreema to MQL, logical issues...etc, etc.
Id bet he would use this for manual trading. As for if you wanted to do an EA based on Channels, use a pre-built indicator you can attach to a chart. -
@seb-0 Very well done by the way, how much time did you put into it? Any consideration on doing an autodrawing fib?
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@ladydolares
Basically a buy position should be opened when the channel is upward(B1 negative as time points are collected backward) and the price rebounds close the lower line, and vice versa.. there are many way doing so, I let you make it -
@tipsywisdom
The majority of the channel indicators on the market are 2 points based, everyone makes it differently so the results are different. Here is one way, and you can see how it works.
Enough time to be lazy building an autodrawing fib.
