New EA EA_BPS Support and Resistance

[tanaka akiko]

EA_BPS Support and Resistance is free EA.

Entry logic based on support and resistance.

The orders are multiple (Max order=10 as default) and they are closed together with basket profit close function.

Also they are closed with opposite signal.

Please try backtest and tell me what you think.

EURUSD TFH1

 

[NOWASwe]

Def set?

 

[Joerg Kappler]

99,9 BT is running, not very fast. See here a preview of august and semtember 2022. Complete readdy in about 1-2 hours

 

[NOWASwe]

99,9 BT is running, not very fast. See here a preview of august and semtember 2022. Complete readdy in about 1-2 hours

Same for me!!

 

[Joerg Kappler]

Same for me!!

ok

 

[Joerg Kappler]

ok

I try to modify the setting, but no sucess. I stopped BT

 

[Ozkanim]

Add reverse option please

 

[petar]

thank you for nice ea Mr. Tanaka, I'm gonna run it on demo for couple of days.
Testing looks good, could you please add trendTMA as trend option please, with different time frame ?
January testing, eurusd was in up trend, so I did test as regular buy/sell, H1; than just buy on 1 hour tf as per trend(long); than 15-min testing in buy only mode as per trend (TF-1 hr).
When ea is following trend , dd is very low.
thx!

 

[Joerg Kappler]

thank you for nice ea Mr. Tanaka, I'm gonna run it on demo for couple of days.
Testing looks good, could you please add trendTMA as trend option please, with different time frame ?
January testing, eurusd was in up trend, so I did test as regular buy/sell, H1; than just buy on 1 hour tf as per trend(long); than 15-min testing in buy only mode as per trend (TF-1 hr).
When ea is following trend , dd is very low.
thx!

Please test with tick data (99,9 %) you can see the problem, may it can solved

 

[tanaka akiko]

I added reverse entry mode=true/false

 

[tanaka akiko]

thank you for nice ea Mr. Tanaka, I'm gonna run it on demo for couple of days.
Testing looks good, could you please add trendTMA as trend option please, with different time frame ?
January testing, eurusd was in up trend, so I did test as regular buy/sell, H1; than just buy on 1 hour tf as per trend(long); than 15-min testing in buy only mode as per trend (TF-1 hr).
When ea is following trend , dd is very low.
thx!

I added TMA Trend filter.
Now it looks much better.
Please copy
TMA+CG mladen NRP.ex4
in your MT4.

 

[tanaka akiko]

YES!



EURUSD H1

 

[petar]

Mr. Tanaka ea is not following trend, maybe it's TMA, I have another very good trend, nrtr_atr_stop, don't have mq4 file :
thank you !

 

[markw118]

Mr. Tanaka ea is not following trend, maybe it's TMA, I have another very good trend, nrtr_atr_stop, don't have mq4 file :
thank you !

There is reverse mode false true, but in my opinion SR based EA not supposed to follow trend anyway and add TMA isn`t the best idea. What repaint TMA supposed to filter? because im not getting... Better would be stoch,rmi,rsi or anything OB/OS as confirmation indicator and necessary MTF. SR MTF too! At this moment not profitable... below test result EU H1 DD40% profit -513(im testing this EA all day today with so many different settings many pairs with similar results) Mr Tanaka thank you again for try

 

[loverhh]

open price only.. is not a good BT ... you need tick based BT.. all or the most EAs.. work only with tick data.. and tick based

 

[tanaka akiko]

Mr. Tanaka ea is not following trend, maybe it's TMA, I have another very good trend, nrtr_atr_stop, don't have mq4 file :
thank you !

Can you check MT4 journal tab? Any comment or error with missing indicator ?

 

[petar]

Can you check MT4 journal tab? Any comment or error with missing indicator ?

it seems to be happening only on 5 min in testing , gonna run it on 30min demo , thx!

 

[petar]

Mr. Tanaka ,
EA overnight did what is suppose to do, eurusd 30 min took one sale position, but than trendTMA changed to long, could you please change opposite close instead of BPS signal, to close all orders when trendTMA change to avoid loss, that would act as stop loss at same time .
Than we can play with settings of BPS , to lower it from 7, take more risk, but have at same time safety net of trendTMA !
thank you !

 

[tanaka akiko]

Done.
How is your profit today ?

 

[petar]

View attachment 152798

Done.
How is your profit today ?

not bad , just changed BPS signal to 2, now will try with tmatrend, looks like very nice ea.
Gonna set it and let it run on different TF, with different BPS signals, will let you know .
thank you !