Posts made by l'andorrà

@shovel52 said in Hull pullback strategy:

Yes it works for longs, because this silly condition is usually true:

lets say, candle upper wick is 15 pips
EURUSD is at 1.1070

Condition: 15 is above or equal 1.1070 -> TRUE -> open buy
0
I don't understand how this can happen, and not be opposite for short trade..regards John

It is a strict arithmetical question. Number 15 will always be higher than number 1.1070 ;).

Using a custom indicator maybe?

Don't connect block 15 that way. Use a 'Pass' block independently and then connect block 15 to it.

Use as many 'buy now' or 'sell now' blocks as you need. Each one of them will open a trade.

@roar Thank you very much, roar.

@trader-philipps Thank you very much.

@roar said in How can a SL based on currency be set up?:

@l-andorrà When I think about it, actually it doesn't get that much more complicated.

You just need to do the final correction with a pair EURxxx, where xxx is the base currency of your chart.
Example: when trading GBPJPY, sl formula is now:
SL (price fraction) = risked money / (lotsize*100000) * iClose(EURJPY,0,0)

https://fxdreema.com/shared/mmBhaLp9
Check this example project, it's mql5 though

Ok. Now I finally took a look on it and I have a few more questions, please.

1. Is the 'conversion_pair' variable of a string type? What is its default value?
2. What if the account is in USD and not in EUR? Some symbols are 'USD'+conversion_pair and others conversion_pair+'USD'. Should I modify the formula text on a case by case basis?

What I would like to know is the real values those variables can have. Are they 2, 3, 5, or maybe 30, 40, 50?

I want one of those crystal balls too!

That's what I guessed too, but i want to be sure.

I will take a look on it, trader. Thank you very much.

Ok. Then we'll need some time to do it :). Have you read the tutorials and examples?

Try this for buys:

https://fxdreema.com/shared/jVwGd2NJ

Then duplicate it for sells

Did you look at my answer on your other thread?

No, no. What I meant is that I don't like EAs working on candle ID 0 in general. I'm not questioning your indicators, sorry I strongly recommend you to change all operands to candle ID 1 and then testing the EA again and see what you get.

Ok. This is what I recommend you:

1. Choose candle ID 1 on both operands in condition blocks 3 and 5. They are now looking at candle ID 0 and that is not necessarily good right now.

2. What numbers are supposed to be stored on variables 'Selllots' and 'Buylots'? I guess the reason of your problem is here. What numbers are supposed to be on blocks 42 and 43?

Saludos Jaime. Antes de buscar bloques concretos, yo me centraría en indicadores concretos. Una vez los tengas identificados, es muy fácil ponerlos en bloques del tipo 'condition', ya que en ellos puedes realizar comparaciones, establecer pautas etc.

En cuanto a los indicadores más habituales para identificar volatilidad, estan estos:

https://forex-indicators.net/volatility-indicators

Mira de estudiarlos en detalle para encontrar los que consideres que se ajustan mejor a tu estrategia y luego, con mucho gusto, te ayudo a usarlos en bloques.

I took a look on it again and I have a question. What does 'Need pic' mean?

It works on candle ID 0 everywhere. Are you sure it works properly?

That indicator is not available on fxDreema so I will use two MA to show how to do it. My example is for a sell: