New EA LOW DD EA

Mr Philippe can you help me convert the following EA verser versa:- BUY=SELL and SELL=BUY. Unfortunately I do not have Mql4 for the EA, if you can make it possible please assist.. That is the behaviour of the EA on a Photo attached

 

Sorry, you must ask to M Tanaka.

 

This is the behaviour of the

MR.TANAKA Would you please help on this crisis?????¡¡

 

It is EA. ex4 file. So I can not modify.

 

Completed.

 

// 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????!!

 

I am testing but there is no entry with this condition.
If I remove RSI logic, it has entry..
What is TF and pair with your test ?

 

Dear Philippe

Where is the INDICATOR can you share the the indicator

 

I don't understand. The author has removed the ea on mql5

 

No it is here:
https://www.mql5.com/en/market/product/36087?source=Site+Market+MT4+Indicator+Free+Rating006

 

same but less clutter ... easy to read
not sure how ... on sideways go grid and follow the trend

 

M15 M30 H1 BTCUSD and XAUUSD

 

Can't Load in my Mt4 Terminal i think it's old

 

amplitude 12... same as halftred amplitude 12

 

sorry ...downloaded from mt4 terminal market, but worked as `portable` on other mt4 .

 

Are you speaking about this one?
https://www.mql5.com/en/market/product/36087?source=Site+Market+MT4+Indicator+Free+Rating006

 

yes ..well its portable on same pc but not other ..tried
its on the mt4 market free ...halftrend is tested and never worked

 

Dear Tinek

Trend Line pro is just like a Pipfinete Indicator and also Duty Arow is all are Same.

And Half Trend Indicator is a Mostly Repaint Indicator

 

Hi , i found this EA on the forum and test it with EURUSD TF 5mn
the periode i can test is very short so during it it seems to be good but please someone can test it under a long period to have better sample.