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New EA A Comprehensive Trend-Following Strategy based Expert Advisor

Discussion in 'Expert Advisor atau Robot Forex' started by deny deny, 14 Dec 2023.

  1. deny deny

    deny deny Member Credit Hunter

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    This expert advisor is a sophisticated trading strategy that relies on three key indicators to identify potential trading opportunities:

    1. ATR MA Oscillator:
    • Measures the deviation between the current price and a moving average of the Average True Range (ATR).
    • Identifies overbought and oversold market conditions.
    1. SuperTrend v2:
    • A trend-following indicator utilizing a moving average and ATR to determine the prevailing trend direction.
    1. Accelerator Oscillator:
    • Measures the variance between two moving averages of the price.
    • Identifies overbought and oversold conditions while assessing market momentum.
    Trading Conditions:
    Long Position:
    • Positive ATR MA Oscillator.
    • SuperTrend v2 indicates an uptrend.
    • Positive reading on the Accelerator Oscillator.
    Short Position:
    • Negative ATR MA Oscillator.
    • SuperTrend v2 signals a downtrend.
    • Negative reading on the Accelerator Oscillator.
    Position Management:
    • Opening Positions:
      • Requires unanimous agreement from all three indicators on market direction.
    • Closing Positions:
      • Triggered by an opposing signal from all three indicators.
      • Closing conditions include reaching predetermined levels (take profit or stop loss) or detecting a trend reversal.
    • Trailing Stop:
      • Implements a trailing stop to safeguard profits during favorable market movements.
    Trading Process:
    1. Indicator Calculation:
    • Compute indicator values at the start of each bar.
    1. Signal Confirmation:
    • Confirm consensus among all three indicators for market direction.
    1. Position Opening:
    • Open a position if conditions align.
    1. Monitoring and Management:
    • Constantly monitor market conditions.
    • Close positions based on specified criteria (opposite signal, take profit, stop loss, or trend reversal).
    1. Trailing Stop:
    • Use a trailing stop to protect profits as the market moves favorably.
    1. Iterative Process:
    • Move to the next bar and repeat the trading process.
    Important Considerations:
    • Complexity:
      • The strategy is intricate, relying on multiple indicators for decision-making.
    • Risk Management:
      • Incorporates risk management through stop loss, take profit, and trailing stop mechanisms.
    • Continuous Monitoring:
      • Demands ongoing vigilance of market conditions.

    • Trend Reversal Detection:
      • Positions are closed when a trend reversal is detected.
    • Live Trading Caution:
      • Prudent understanding of the strategy is crucial before applying it to a live trading account.
     

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  2. dat le

    dat le New Member

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    Can i backtest this ea?
     
  3. Joerg Kappler

    Joerg Kappler Member Credit Hunter

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    [

    I try but I am not able to do


    2023.12.15 11:01:41.233 EURUSD,M5: 10223254 tick events (31400 bars, 12613312 bar states) processed in 0:00:01.281 (total time 0:00:01.328)
    2023.12.15 11:01:39.953 2023.07.02 21:00:16 MetaMaster EURUSD,M5: The expert uses 150 bars.
    2023.12.15 11:01:39.953 2023.07.02 21:00:16 MetaMaster EURUSD,M5: Loading data: EURUSD,M5, Minumum bars: 60...
     
  4. raikofer

    raikofer Member Credit Hunter

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    It's like your last version that has covered expiry date?
     
  5. kam2016

    kam2016 Member Credit Hunter

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    it seems good EA
     
  6. Joerg Kappler

    Joerg Kappler Member Credit Hunter

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    ?? without a profitable tickdata BT ??
     

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