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Suggestion I will make a Free EA with your Indicator

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RAYMARCO said:
Hi Sir, can you explain what is the difference between :-
(highlighted in yellow)

1. Order_distance_pips and
2. Pip Step.

thanks in advance.
Click to expand...
1. Order_distance_pips
This is indicator arrow signal distance to avoid many orderd. 10pips means if you place buy order then if next signal comes, it is still 4 pips, then it is not ordered.

2. Pip Step.
This is attack martingale pips. If your order is loosing, then martingale order is placed every 10pips without indicator signal.
 

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tanaka akiko said:
Make EA from the indicator?
Click to expand...

Hello Tanaka,
there are more options ...

... to include the PR indicator in the ea ma_BBands v3.3
(2nd strategy: use it as the only indicator excluding the ma_bbands to test it in FTs)

&/or ... (3rd strategy : use PR as a filter ) ... see, please, post # 9595 (pg 480)

P.S.
a third strategy to be developed ...
 
mag00 said:
Hello Tanaka,

What do you think about ... "PR" indi ?
Could it be interesting to add it to the previous EA_MA_BBands(revA)?

it could work as a single trigger signal (2 strategy) or ... a filter (3 strategy)

Since this EA however would be thwarted by the temperament of the indicator MA_BBands_v3.3 which ...
... unfortunately, tends to repaint in the trend ... (not in the trading range) ...
... why not insert the PR indicator (with the PR set file in preset )?


It would work in the high TF (keeping the same defect of the previous one)

I would think of including it in the 2nd strategy of the EA
(the first one provides only the pure use of the MA_BBands v3 indicator)
as the main indicator (excluding, momentarily the MA_BBands, to observe the BTs, FTs ) that
in the 3rd strategy, in conjunction with the MA_BBands v3.3 ...
... and used as a filter ...

PR (2) strategy:
Entry point @ open next candle (when the blu histo @ close ... cuts off 13% (or 21%, or xx% to see in BTs) level or ... red histo)
(TP = SL @ open next candle when red histo @ close cuts off 13% level (also editable for BTs) or ... blue histo)

PR (3) strategy:
enter in the trade " if and only if " the arrow of the ma_bbands v3.3 indicator appears ...

... WITHIN x bars ...
(X = 5, 7, 10, ... candles: to be selected and tested in BTs)
... by the histo cut (13 or 21%) of the PR indicator


Any improvement?


Regards
mag00



P.S.
... remember to remove the suffix (.txt) from the template file ...
Click to expand...
Hi, mag
PR indi blue is buy signal and red is sell signal?
upload_2019-3-22_17-55-18.png
 

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mag00 said:
Hello Tanaka,
there are more options ...

... to include the PR indicator in the ea ma_BBands v3.3
(2nd strategy: use it as the only indicator excluding the ma_bbands to test it in FTs)

&/or ... (3rd strategy : use PR as a filter ) ... see, please, post # 9595 (pg 480)

P.S.
a third strategy to be developed ...
Click to expand...
I added PR indicator.
You can input buy/sell level.
upload_2019-3-22_18-9-58.png
If signal is more than buy level && buy signal arrow =BUY order
If signal is more than sell level && sell signal arrow =SELL order
 

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tanaka akiko said:
Hi, mag
PR indi blue is buy signal and red is sell signal?
View attachment 76974
Click to expand...

Yes it's correct ...
I have these settings for the PR
(the reversal 1 looks like the twin but I don't have the mq4 format)


I'm also testing the EA_Useful ea.ex4 ( post # 10624)

I have an idea:
Could it be useful to direct orders using the PR indicator
(instead of leaving them in straddle mode at first and then martingale them in a random way)?

the idea is to have the EA strategy (EA_useful.ex4) but ...
... with orders directed by the PR indi ... (21% cut)

An asymmetrical straddle: no 50% but 66/33% or ... 75/25%


P.S
Is it possible to test it, then?
 

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Last edited:
Ahmad Khan said:
Dear, Renko chart is itself a strategy which makes pattern based on trend, you can simply increase or decrease the brick size which u can use it as TP, so when new brick form, take a trade and set 10 PIPs TP. If u see any color brick is keep forming for a long time, then u can increase ur TP assuming a longer trend.

Attached video by user is for Gold which is very dangerous pair, however the person has worked on it for a long time and that is the reason he is success but I can say if I will start working on it, it will take time to understand which other forex pair and time will be more suitable.

Check below chart with or without Renko, see how profitable it is,

View attachment 76905
Click to expand...

Buongiorno Ahmad. Good morning.. to you.
Can you tell me if that Indicator (renko) gives more then one signal in the same direction before changing its direction (if using arrows or colors if using briks)?
I try to explain myself better .. If the indicator has opened a signal with arrow up (alarm to buy) .. BEFORE changing direction with an arrow pointing down (alarm to sell) Can it generate other Buy signals with arrows up?
 
mag00 said:
Yes it's correct ...
I have these settings for the PR
(the reversal 1 looks like the twin but I don't have the mq4 format)


I'm also testing the EA_Useful ea.ex4 ( post # 10624)

I have an idea:
Could it be useful to direct orders using the PR indicator
(instead of leaving them in straddle mode at first and then martingale them in a random way)?

the idea is to have the EA strategy (EA_useful.ex4) but ...
... with orders directed by the PR indi ... (21% cut)

An asymmetrical straddle: no 50% but 66/33% or ... 75/25%


P.S
Is it possible to test it, then?
Click to expand...
This is EA_PR.
 

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tanaka akiko said:
WITHOUT DELAY is not possible!! It is indicator design. I can not do anything.
Click to expand...

Even with a bit of delay, I think Grail Indic Indicator is still good. I have been using it manually by relying on HighPivotSemafor - the result is amazing. Just ignore the LowPivotSemafor signal. Set it to False. Hope you will reconsider and create an EA for all of us, Mr Tanaka. Thanking you in advance.
 
Ahmad Khan said:
Basically I don't use it, I just posted it for a member here who requested Tanaka San to create EA from it. This indicator has additional options which u can ignore, use it with default settings. Also note that indicator just draws pattern, alerts have nothing to do with it, however u can use alerts when u change settings in to arrows instead of bricks, otherwise just follow the color of bricks and trade accordingly.
Click to expand...

OK! Thank you for your advices...
 
I wanted to say that I use it with the two indicators, the one with wan shell and the setup, and then with adx crossing alert email I take all the positions there are until there is a reverse setup, then I close everything and wait for the first signal after the new setup and restart
 
fabboa said:
I wanted to say that I use it with the two indicators, the one with wan shell and the setup, and then with adx crossing alert email I take all the positions there are until there is a reverse setup, then I close everything and wait for the first signal after the new setup and restart
Click to expand...

Then if I understand well do you want all in a single EA?.. right?
 
fabboa said:
I wanted to say that I use it with the two indicators, the one with wan shell and the setup, and then with adx crossing alert email I take all the positions there are until there is a reverse setup, then I close everything and wait for the first signal after the new setup and restart
Click to expand...
Upload indicator and detail logic with some picture and explanation. please.
 
Yes, all in one EA when the star appears and the setup if it is green I take all the buy positions that are signaled until the red star appears so I close all the buy and take all the sells that are marked on the graph. This is what EA needs to do
 
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