Posts made by TipsyWisdom

@roar damn finally going to have to change to mt5.

Slightly, I think its going to end up being an EA that is only based on time and not conditions of indicators. We'll see what happens, thank you.

@l-andorrà said in How to make this EA::

@khacdiepvnc Do you really want a martingale? They are not profitable in the long run!

^ What he said, Martingale was never considered a great way to gamble. The person who wins is the one who has the most money.

@aeivan

I think the If Trade is in the wrong place on first glance...at least it feels wrong to me. It looks wrong, because once one of the previous conditions is false, it will stop closing out trades.

@stijn

use the strategy tester in the mean time?

Heres an interesting thought:

I want to create an EA that will compare the price at W time to price at X time. If W price is lower than X price, place order at Y time to SELL. If W price is higher than X price, place order at Y time to BUY.

I keep scrolling through options, but aside from constantly searching for the parameter, and then just limiting it by time, I'm not sure how to do it.

could it also have been done using market properties range?

I'll think of it and post a version sort of how you explained above and see if its similar.

or possible the Price X Indicator block?

@cdwilder1 thank you, i was missing "as price fraction"

@cdwilder1

I think I mean 40 pips, aka 400 Ticks...thanks. Ill respond back if its not acting like I expect.

i knew my logic wasn't flawed...thanks for the workaround too.

I would play with the MACD threshold, I found that to work in weird ways when I was trying to mess with it....but I got it to work for very small profits on a weird EA I made some time ago.

Hello Friends,
I am trying to draw an arrow on my chart when the last 30M candle low is below the 50SMA, less 400 pips.

Another way to say; draw an arrow when on a 30M chart, the price goes 400 pips below the 50SMA.

Maybe because you have a take profit on the buy now? Maybe remove that and the other one will take over.

I'm glad I could assist with the moral decision...unfortunately it is in MT5 and I am unable to test for results.

So looking through I'm asking myself a few things;

1. Why in the first 2 condition blocks on each side did you put symbol as "USDollar"? I would remove them, normally you can only place the EA on 1 pair at a time so why specify that one just 1 or 2 of the whole blocks in the chain?
2. At the end of running a test do your buys and sells make the same profit with the same draw down or does the buy column do better than sell?
3. I understand what you are saying about perfect experts and indicators...some people say that they're a waste of time as they are always telling you what you already know.
4. The total concept of the strategy...I don't know if it could work well. Its almost as if you are fighting making a decision but I am hopeful it will work for you

@josecortesllobat

hahahha... he said, thanks for not being selfish with your time, but I'm gonna keep being selfish with my awesome ea thought!

@AlphaOmega I used to conflict myself with that too but realizing its no different than the world of business and inventions. Most likely someone else has already thought about it, but unless you share your idea nobody can help you. If you can't share it, nobody else can have the chance to invest in you and your idea.

I think first you would need to give the EA some point of reference of time.

When do you want to start the timer? For how long each time do you want the time check to continue?

Sounds something like this;
Establish point of time reference, if no trade, check time, after X time, check for these conditions, if these conditions are met, do this, if those conditions weren't met, do this. If trade...?

haha...sorry, i dont know much about code but I would open whichever EA that is and find out what ObjectMove is...but I might assume that, if the coding is right, perhaps this EA/indi requires you to be on a specific time frame to work correct?

@yoloyacht said in EA won't run when Stop Loss is a variable:

@jsauter86 even as a value it doesnt

Please share project and we can check

this one?

https://fxdreema.com/demo/mt4-price-vs-indicator

@BHovens @l-andorrà

trying putting a "No Trade" block above each. then specify buy or sell.

Next, if that doesn't work, put a Check Trade Count and set it <1.