New EA LOW DD EA

Do we need to use the 5 indicators for this EA, Mr. Tanaka?

 

No, I just use #5

 

Thanks for sharing sir.. i will test your EA and wanna combine it with my strategy.. cheerrsss

 

Dear Tanaka,
can you please tell me how to set the "basket Profit" settings? Whatever I put, it close always at $1 How to modify this?
What is the "Tick Entry" for? (I saw it in all your EA's)



Thanks a lot

 

Hi Mr Tanaka! Forex is very Risky Program and you hard work for that thanks a lot, I want to tell you one idea's Leave EA from indicator for some time . and Make other type of EA. for example Make Candle Stick Scalper EA for H1, M30, M15, are you agree with me? Please answer? Many Thanks

 

You need to add additional confirmation for bands to enter trade else it will stuck in ranging market.In screenshot you can see there lines of bands up and three lines down. Pls make rules for ea to take trades if arrow appears on band 3 or 2 then only take buy or sell.

 

Ya！　Let's make a new type of EA without indicator,
Tell me the logic.

 

Yes, this is it.
1. Comment
You can enter comments for EA as desired.

2. MAGIC
Magic number.

3. Auto Magic true
When set to true, the EA automatically assigns MAGIC# even when opening multiple currencies.

3. Slippage
Maximum value for slippage.

4. TickEntry
Set to true if you want to enter immediately when the indicator signals, otherwise, set to false, and entry will be made at the beginning of the next candlestick.

5. Reverse Entry
Enter in the opposite direction of the indicator signal.

6. Max spread (pips)
Maximum spread value (no entry will be made if it exceeds this value).

7. TRADE BUY&SEL
Select either BUY only, SELL only, or both for entry.

8. MaxPosition
Maximum number of orders to hold at once.

9. Baselots
Initial lot size.

10. TakeProfit (pips)
Take profit.

11. Stoploss (Pips)
Stop loss.

12. Order distance
If MaxPosition is increased, you can set the distance between BUY/SELL orders. Use this when you don't want to place consecutive orders or when you want to maintain a certain distance.

13. Risk trade/Use Risk/Risk percent
When the account balance increases, the lot size automatically increases based on a percentage.

14. Martingale in loss trade
Use this when you want to increase the next lot size if the order closes with a negative profit.

15. OppositeSignal
Close orders with the opposite signal of the indicator. When Close When Profit is set to true, it only closes with the opposite signal when there is a profit.

16. Trailing_stop
Trailing stop.

17. Break Even
Break-even (valid only once).

18. BasketProfits
Close all orders based on the total profit. Enter as a percentage of the balance or dependent on lot size (automatically calculates average profit) or enter a specific dollar amount.

19. Basket_Stoploss
Close all orders based on the total loss.

20. Time Filter
You can set up to a maximum of 3 time filters. The EA will only operate during the specified times, except for grid orders.

21. Grid order
Automatically adds additional orders at a fixed interval regardless of the indicator signal. Set the lot size multiplier and interval multiplier.

22. ProfitTarget (Daily Weekly)
You can set the maximum daily and weekly profits. The EA will automatically stop when this profit is reached and resume trading the next day.

23. News Filter
The news filter allows you to select the type of impact. You can set the number of minutes before the impactful news to stop the EA and the number of minutes after the news to resume trading.

 

Hello Tanaka, thanks for the explanation.
I just dont understand why the "Basked Profit" dont work even if I put a higher Value that $1.0. (it's alwasy close with $1.0 )Maybe there is an bug?

Thanks

 

What about order blocks?

 

If you want manual input, please change tab manual input.

 

What is it ? How to code ?

 

Bit later I will post you the Order block indicator/ Smart Money Concept
With some istructions how the EA should enter the trade.

 

Attached indicator (and setfile for it)
For now we could begin with simple trade logic.
1)Buy/Sell afther creating an order block (Supply or Demand) and price come back to it entering Buy/Sell order.
Usually price come back and rebounce.
SL: should be dynamic (not sure if it is possible) just under/over the order block.
TP: should be dynamic (not sure if it is possible) The last swing High/Low
If dynamic not possible maybe can put fixed and use it dependig of the timeframe (higherTF= HigherTP and vice versa)
2)Buy/Sell Discount/Premium Zone
TP:
a)or Fixed or
b)when price comes to the equilibrium zone
c) when price comes to the oposit Premium/Equilibrium Zone
SL: should be dynamic (not sure if it is possible) just under/over the order block.
or set fixed TP/SL
This is basic Trading logic.
After this is done, we can elaborate the entries using CHOCH and BOS for trading entries.
BTW: All the signals comes from the Indicator. (I added a setfile for it)
Please, if possible Use Hidden TP/SL
Bobby

 

Very nice

 

Hi Dear! Where is this EA which you talk about that? Please Upload Here also. Many Thanks

 

Hi Dear! Where is this EA which you talk about that? Please Upload Here also. Many Thanks

 

Maybe Tanaka can create an EA based on the indi as explained above.

 

Hi, remember put manual input.

 

Hi, it was very touch work for me. Because there are so many blocks (rectangle zone) and I coded to scan all rectangles and
if price is inside of the zone, place an order.

TP=10pips
SL = Opposite signal close

When you run EA, please attach the indicator with your set file.
EA will scan the objects (rectangles) on the chart and always check to see if the current price is within the block zone.
But There is some problem. We can not know price inside the zone is BUY or SELL entry. Because EA check just
rectangle price. If you have some indicators I can add to it to find if signal is buy or sell...
For this reason, backtest with everytick mode is so slow and if you just check how EA works in control points mode in backtest.
Anyway to confirm the EA ability, please test in demo account and watch how it works!