• Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)

New EA LOW DD EA

yes ..well its portable on same pc but not other ..tried
its on the mt4 market free ...halftrend is tested and never worked :)
 
M Tanaka Iput your bot "EA trend line" on XBTUSD 5 MN but twice.
2 windows opened.
Once for TP 2 et once for TP3.

But just order with TP 2 opened.
 
Serame said:
// Moving Averages
shortMA = ta.sma(close, 20)
longMA = ta.sma(close, 50)
// RSI
rsi = ta.rsi(close, 14)
// Outside Bar Logic (reversed)
isOutsideBar = high > high[1] and low < low[1]
if (isOutsideBar)
if (close < open and close < shortMA and shortMA < longMA and rsi > 70)
strategy.entry("OutBarLE", strategy.long, qty=1, comment="OutBarLE") // Enter Long when original would enter Short
if (close > open and close > shortMA and shortMA > longMA and rsi < 30)
strategy.entry("OutBarSE", strategy.short, qty=1, comment="OutBarSE") // Enter Short when original would enter Long
// Calculate Stop Loss and Target Profit for Long Positions
longStopLoss = strategy.position_avg_price * (1 - stopLossPercent)
longTargetProfit = strategy.position_avg_price * (1 + targetProfitPercent)
// Calculate Stop Loss and Target Profit for Short Positions
shortStopLoss = strategy.position_avg_price * (1 + stopLossPercent)
shortTargetProfit = strategy.position_avg_price * (1 - targetProfitPercent)
// Exit Conditions for Long Positions
if (strategy.position_size > 0) // Long position
strategy.exit("Take Profit/Stop Loss", "OutBarLE", stop=longStopLoss, limit=longTargetProfit)
// Exit Conditions for Short Positions
if (strategy.position_size < 0) // Short position
strategy.exit("Take Profit/Stop Loss", "OutBarSE", stop=shortStopLoss, limit=shortTargetProfit)
```
### Explanation of the Strategy and Indicators
1. **Opposite Entry Conditions**:
- The strategy reverses the entry conditions. It enters long positions when the price closes lower than it opened and vice versa. Additionally, it checks if the short-term moving average is below the long-term moving average for long entries and above for short entries.
2. **Indicators**:
- **Moving Averages (MA)**:
- A 20-period and a 50-period simple moving average are used to confirm the trend direction. Long entries are confirmed if the short MA is below the long MA, and short entries are confirmed if the short MA is above the long MA.
- **Relative Strength Index (RSI)**:
- An RSI with a 14-period setting is used. Long entries are confirmed if the RSI is below 30 (indicating oversold conditions), and short entries are confirmed if the RSI is above 70 (indicating overbought condition)

Mr.Tanaka can help create an EA using the above strategy please????!!
Click to expand...


Mr.Tanaka it seems like you forgotten to reply me here..
 
I'm slowly finding a good setting. Dear Mr Tanaka, please change the TP treatment of the EA. The indicator shows that the EA gives a partial TP at the TP1 point. Another part at point TP2. And also at TP3. Is trailed from the TP2 point.
TP3 is therefore closed in profit in any case. I could often see that TP3 was closed between TP1 and TP2. Also because this last part can be closed by the counter signal.
I hope that was understandable.
 

Attachments

You must log in or register to reply here.
Back
Top