@roar said in RSI inclination:
So we are comparing RSI of last candle, and RSI of the candle before that? Just take the difference between them?
RSI (ID1) - RSI (ID2)
Yes, that's exactly what I wanted to understand.
But how can I create this condition saying:
RSI candle id0 value> RSI candle id1 value
Yes, I am using the average 13, would you have any suggestions to use as a confirmation?
@roar said in Condition Bulls and Bear Power indicator:
And what is the role of bear/bull power?
Bull for buy and Bear for Sell
@roar I have a strategy of crossings of means, but to eliminate false crossings, that is, false entries that would cause me losses, I try to make short scalps of small pips, for this I want to try to authorize my entry only when the condition is correct. in favor of the current movement, if the movement is in purchase I want to buy and if it is on sale I want to sell
@roar said in Condition Bulls and Bear Power indicator:
@fabiobioware You have to explain what you want here. Why you compare the 2 indicators to each other?
Bull power will ALWAYS be bigger when the indicators are positive, and bear power will ALWAYS be bigger (absolute value) when the indicators are negative.
@roar what I want is to define what that candle is, if it is a buy candle or if it is a sell candle.
For this I am
@roar said in Condition Bulls and Bear Power indicator:
The bears/bulls used 21 by default, so its 21 MA
if open candle x> ma21 buy
if open candle x< ma21 sell
correct now ?
@roar said in Condition Bulls and Bear Power indicator:
No. Replace bulls/bears power with simple moving average.
What period for MA?
I imagine it could be when observing the previous condition, for example:
Some condition must monitor the RSI slope, it is in the straight position at 0%.
If it moves downwards it becomes negative, for example, -10% and as it tilts more it determines the strength of the movement and would mean more% increase.
If it moves upwards it becomes positive, 10% and as it tilts more this determines the strength of the movement and would mean more% increase.
So, the condition to detect whether the current candlestick movement is up or down based on what you said would be correct to use the condition below ?
I would like to know, it is possible to create a condition that allows to identify possible trends, or trend formations in the timeframe graph m1.
If so, could you give some examples?
I would like to create a condition where it is possible to identify the trend or inclination of the RSI.
For example.
Authorize sale entry if the RSI has a 50% downward slope.
How is it correct to create the condition where the following occurs:
The value of Bulls Power is greater than the value of Bear Power
Viewing it is possible to realize that most of the time this indicator manages to define the sales or purchase force, I want my EA to authorize the entry when the strength of one side is confirmed at the exact moment.
0_1582022061496_bullsbearspower.PNG
Thank very much @trader-philipps
work fine now, thanksss, all lines work and trades issue solved.
@trader-philipps said in Indicator VWAP not open orders and very slow in backtest MT5:
Are there any errors in the log file(s)? Is the indicator in the indicator folder or in a sub-folder? If it's in a sub-folder you have to sepcify it's path during indicator import in a way of subfolder-name/indicator-name.mq5
https://fxdreema.com/shared/UV54We3Bb url to access my EA.
0_1581678041919_vwap.mq5
In attach indicator used by test.
Have other erros showing in images.
the indicator is directly in the bookmark folder, I didn't put it in a subfolder.
hello friends, i'm having problems attaching an indicator that is on the metatrader website called vwap i even tested another one called vwap_lite and what happens is the same, besides making the backtest very slow, no order is opened, someone can help?
I already saved it in the indicator folder
I've already compiled it too
I already attached it to the asset chart and also saved the tester.tpl file
I managed as mentioned @trader-philipps , everything worked out, now I'm trying to do the same for a daily limit of loss.
Thanks for all.
