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Suggestion FiboActiveBot - good tool with EA possibilities.

Hel
Andy4Rum said:
Hi

No, this tool is totally free... it has 2 version, original and update. Both are free.
>Original version is still there, I'm share just updated version by requests.
>Full source with VIDEO and details: http://www.eliteit4u.com/fab1.htm
>(clear download link - and full explanations)
Click to expand...

Hello bro, if i set the COS as True

Lets say first open BUY, when the red arrow appear what will happen ?

A. It will close buy trade and at the same time take Sell position (with lot2x if enabled)

B. It will only closed buy trade without taking that sell signal...but wait for the next arrow for the trade

Which one ?i am asking here so maybe other ppl who has same question will also find the answer

Thanks
 
if open BUY and before goes to TP or SL
gives a SELL signal probably is a sideways phase ... (or trend change )
this is happen when you have the
trend filter = off
in this case it could be nice to have a sideways filter too example if ATR is less than TP no trade
or if ATR = 10 pips or less dont open new signals (i m guessing you go for more than 10 pips TP)
in other words ... this need some research
also there are other indicators that can do the same ..

the best is a long trend filter = on

one ides is use the same filter code but looking longest time frame example 1h , 4h, 1d
 
Reo Wijaya said:
Hel


Hello bro, if i set the COS as True

Lets say first open BUY, when the red arrow appear what will happen ?

A. It will close buy trade and at the same time take Sell position (with lot2x if enabled)

B. It will only closed buy trade without taking that sell signal...but wait for the next arrow for the trade

Which one ?i am asking here so maybe other ppl who has same question will also find the answer

Thanks
Click to expand...

Hi Reo

It will do "A"... Should be same as you described there.

Have a great day!
 
ecryptom said:
if
in this case it could be nice to have a sideways filter too example if ATR is less than TP no trade
or if ATR = 10 pips or less dont open new signals (i m guessing you go for more than 10 pips TP)
one ides is use the same filter code but looking longest time frame example 1h , 4h, 1d
Click to expand...

Sounds good, could be even better if you find out the final configuration... for example, add ATR
with exact fixed sets (but with possibility to change it). Maybe you already got an idea?

PS: all requests answere. Thanks.
>Original version is still there, I'm share just updated version by requests.
>Full source with VIDEO and details: http://www.eliteit4u.com/fab1.htm
>(clear download link - and full explanations)
 
Andy4Rum said:
Sounds good, could be even better if you find out the final configuration... for example, add ATR
with exact fixed sets (but with possibility to change it). Maybe you already got an idea?

PS: all requests answere. Thanks.
>Original version is still there, I'm share just updated version by requests.
>Full source with VIDEO and details: http://www.eliteit4u.com/fab1.htm
>(clear download link - and full explanations)
Click to expand...


Hello Bro, now i'd like to ask about friday trading : disabled

1. This one following what time ?GMT +2 or according to our broker ?or according to our VPS ?

2. What will happen with the running / floating positions ?

A. It will still running until hit TP or SL, then it stop trading, and it will continue on monday

B. It will close all the running positions, and continue on monday

(I am assuming it should be A)

Pls kindly advice brother

Thanks
 
Reo Wijaya said:
Hello Bro, now i'd like to ask about friday trading : disabled

1. This one following what time ?GMT +2 or according to our broker ?or according to our VPS ?

2. What will happen with the running / floating positions ?

A. It will still running until hit TP or SL, then it stop trading, and it will continue on monday

B. It will close all the running positions, and continue on monday

(I am assuming it should be A)

Pls kindly advice brother

Thanks
Click to expand...

If you disable friday, it will stop at 23:59:59 Thu
It's using MT4 time for convinience (Market watch - you will see it there)

It will manage open trades (until TP/SL... trailing SL, BE etc)... but no new trades until Monday.

Enjoy your weekend!
 
Reo Wijaya said:
Hello Bro, now i'd like to ask about friday trading : disabled

(I am assuming it should be A)

Pls kindly advice brother

Thanks
Click to expand...

I'm thinking to add a little option like: close "profit" orders (Friday, before Market closed) or even orders in lite loss.
I use to face with GAPs on Monday, or totally new direction... anyway, chances are 50/50 :)
 
Andy4Rum said:
I'm thinking to add a little option like: close "profit" orders (Friday, before Market closed) or even orders in lite loss.
I use to face with GAPs on Monday, or totally new direction... anyway, chances are 50/50 :)
Click to expand...

Yes. Good idea to have a timer to close on Friday. Have option of time like hour 23 and minutes 30. Should not close at minutes 55 since liquidity may not be available.
Loses are more than wins this week.
 
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