Suggestion sti obos EA (Free)

I can't find a way of changing the lot size in the settings.

 

Look this thread...

 

jooo make an input for autolotsize .. based on balance.. thx

 

what tf?

 

the problem is the very low leverage, it does not allow you to open more positions.

 

ok, next update you can choose a distance between orders so they don't run too close together and autolotsize. I'll work on it tonight.

 

hello, I also made an EA with this indicator but is not always good in all pairs... if you like you can test it and tell us what do you think about it.

 

Obos indicator seems is the new name of the indicator, or this is only MA modified
because trading based crossing line usually is with moving average

 

Hello again !!, I bring modifications, I have added the option "distance", this means that if you put in distance 10 pips, when there is an open sale and it returns to give a sell signal only if it will open if the price is more than 10 pips above the last sell order. This prevents many orders from being opened at a close price.
I have also added PositionSizing, automatic batch.
I have improved the strategy, now the buy trade opens with the crossing of the obos lines from below, the crossing must be below the central low line and the central low line must be less than 0.
Finally, I have added Total_Profit_Longs_in_Money and Total_Profit_Shorts_in_Money, you can put how much profit you want in the buy or sell operations separately, and thus not wait for the EA to close them. Add Stoploss to all orders and you can also set a total loss limit.

Position_Percent: If you put 200, and the first lot is 0.01, when the next order is opened it will be 0.01 * 2 = 0.02. Remember that the EA will open positions two by two, that is, with the standard configuration it will open as follows: 0.01,0.01,0.02,0.02,0.03,0.03,0.04,0.04 etc.
SL_: Stoploss
Distance_orders: If you place 10 pips, when there is an open sale and sti_obos gives a sell signal again only if it will open if the price is more than 10 pips above the last sell order. You can set 0 if you want it to keep opening orders when the sti_obos indicator signals.
Total_Profit_Longs_in_Money: Close if all purchase orders give the benefit marked in money.
Total_Profit_Shorts_in_Money: Close if all the sell orders give the profit marked in money.
NextOpenTradeAfterBars: If you mark 3, after the opening of
an order will wait 3 Bars to reopen, personally I think if you use distance_orders you should put 1 here.
CloseAtPL: If you put -20, all orders will be closed when you reach that loss limit, if you put 20 all orders will be closed when you reach those gains in money.
MM_PositionSizing: Automatic Lot, if you for account is 1000 usd put 100000.0 for lot 0.01 or 50000 for lot 0.02, etc..

Installation:
1- Download the EA and indicator
2- Paste the indicator in the indicators folder and the EA in the experts folder
3- Restart MT4
4- Attach the EA to each chart.
5-do not add the indicator to the chart, the EA will read it anyway.
6- You do not need to change the magic number, the EA will not give problems

PD: Today I did 2 tests with the first EA (scalperZor3) one in M1 timeframe and another in M15, both in eurusd and usdjpy. In M1 dd it is high with this EA, so I have modified and added the distance, it obtained 54 in profit in the whole day and has a float of -70. In M15 he had 50 in profit all day and a float of +2. obviously M15 is better. Starting tomorrow I will test the new version and upload the results.

 

Thanks.
First impressions in backtest, using M5, are quite good.
I'm going to start a forwardtest.

 

Hello Jooo

to make it profitable the EA .. you need an close not in Dollars Profit .. but in % Equity... because you use autolot..

 

good

 

you need to supply along the BuySellForexSecrets +Donchian indicator.
How can we test, without it?

 

last version does not open transactions

 

Hi jooo00000,
Can you share mq4 code of your EA please ?

 

If you open trades, remember to follow the steps I explain. if you choose a high timeframe it will take longer to open, look at the sti_obos crossing

 

Sti gave arrow alart on 5min but new version dud not open trade

 

m1 no new graphic action

 

It does not open positioned by the arrows, the EA analyzes that the yellow and red lines are below 0 and below the lower black line, it analyzes if the yellow candle 2 was below the red one and the yellow candle 1 was above. this would be a purchase. try it in the bt first, modify the MM_ for this.

 

I am doing what I have to do previous versions still work last version still no action