Suggestion I will make a Free EA with your Indicator

FX, I coded anyway.
I tested GU TF(M1) & EU TF M1 with default setting. Please try to do backtest to find the best parameter.

 

ok thanks Bro , i will Try and see.

 

Hello Tanaka,

What do you think about this strategy (using only the "MTF_Stochastic_v2.0" indicator)?

(scalping) strategy: (operating by m1 chart through a MultiTimeFrame stoch 8,2,2, @ m5 timeframe)

Entry point @ open next m5candle (chart @ m1)
(when the GREEN line cuts UP (or ... vice versa down) the 50% line @ close its MTF (m5) candle)

(TP = SL @ open next m5candle when the GREEN line cuts DOWN (or ... vice versa up) the 50% line @ close its MTF (m5) candle)


(The setting may be similar to the EA "SoeHoe.ID_EA_Up & Down.ex4" but, if possible, with a MM similar to "SoeHoe.ID_EA_sniper_RONZ_MM.ex4")

What do you think?

The MTF indicator always moves up&down to the closing price :
only at the closing price the MTF indicator would determine (or not) the ... CORRECT ... entry point


Regards
mag00

P.S.
To be tested in scalping or swing trading (m1, m5 or m15, m30 ...?)

 

Many Many Thanks Dear Mr. Tanaka
Could you Please add these features to your Precious Codes?
then your EAs would be very very flexible and sophisticated .
Please add these features at your earliest convenience .
THANKS AGAIN

 

very thanks you Bro Tanaka , i have try the EA you have make , the idea is work .
but need some good setting for parameters.

 

Glad to hear that. Your buystop sellstop is very good idea and we can use this process to other EA, too.

 

yes pending order can be use to other strategy, but now have some error here , the Buy pending order should be upper Ma and the Sell pending should below Ma.now just can adjust the pending pips for fix this problem, it still not good.
please try to fix this problem it will work better , if cant fix need to add option SL.thanks Bro !

 

thank you, my friend, I'll try it

 

it should be with trailing stop, tread should be taken next bar when it give signals

 

Dear Tanaka
we need at least, SL , BreakEven/LockInPips to cut the losses,
then , Trailing stOp and Trailing stEp to continue the profits,
and TimeFilter to avoid Range-market, late start in Mondays , early end in Fridays, and other days start and stop time.
Many Thanks

 

Please tel me more detail.
You want to set buy_order and sell_order automatically, not pips (manual input)?
Buy pending order should be upper Ma,,,, this means how can I know the buy stop value?

 

AS

AS, do you have mql for this?

 

I added Trailing stop /stoploss.
Time fileter is already inside. Please use it.

 

Hi Bro Tanaka, can you make when first candle cross Ma did not open any order , second time cross MA open Pending order ?
add option (first cross Ma after how many candle when candle second cross open order)
my engglish is so poor hope you can understand what i chat
thanks !

 

THESE ARE CODES TEMPLATES:

https://www.mql5.com/en/code/11318
https://www.mql5.com/en/forum/173059
https://www.mql5.com/en/forum/177077
https://www.mql5.com/en/forum/174329
https://www.mql5.com/en/forum/177424
https://www.mql5.com/en/code/8159
https://www.mql5.com/en/articles/1495
https://www.tradingsystemforex.com/expert-advisors-backtesting/5888-ea-builder-template.html

 

NO TRADE!
it seems, "order closing" has problem.
i mean, exist time-filter aside, sometimes we need, later start in Monday and earlier trade-end in Friday

 

I think the idea of BUY/SELLSTOP actually pretty good for any repainting indi. We can filter any false signal. Lets try on a few indi we have here.

 

What is original logic of this ea?
You want to change logic??
And how can I set sell stop and buy stop price? manual input ok? Any idea?

 

i dint change logic , is same Ma , no idea now, let me think first.

 

I'm trying but does not open any order
did I do something wrong?
I copied ea to the expert advisor folder and indicator in the indicator folder