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Suggestion I will make a Free EA with your Indicator

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So
Panzer4183 said:
Hello Tanaka,

If you have time could you make ea working on this principle. Its pure Price action, but some filters could be added. I have found some versions of it but they are full of bugs which are making strategy untradable.

Idea is this :

On every new H1 candle EA checks conditions on 4 time frames. Lets say its 12h.
Buy conditions
the 11h-12h H1 candle has to close as an up candle.
the 11.55-12h M5 candle has to close as an up candle.
the 11.45-12h M15 candle has to close as an up candle.
the 11.30 -12h M30 candle has to close as an up candle.

Sell conditions are opposite.

the 11h-12h H1 candle has to close as downcandle.
the 11.55-12h M5 candle has to close as down candle.
the 11.45-12h M15 candle has to close as down candle.
the 11.30 -12h M30 candle has to close as down candle.

If conditions are correct ea places buy/ sell stop pending order x pips from previous 1h high or low, with expiration of x minutes. If price action doesn't move x pips in x minutes, ea considers trade canceled and deletes pending

Sl is by default is x pips below or above previous HH or LL and tp is 2x that range.( but this has to be changeable.)

Since its a Trend break out ea adding adx or ADR could be beneficial
(Lets say GBPUSD has 180 pips ADR in previous 10 day and we have placed minimum ADR 70 pips, so ea will place pending because current ADR is bigger then previous. If ADR in last 10 days is 40 pips, and minimum set adr is 60 pips, ea will not place pending orders).

Standard TP, BE, TR should be added for optimization.
Since this Strategy could be traded on all pairs, it would be good to have option to trade from one chart with 1 pair or x pairs we input (we can input 28 pairs for example).

If all pairs are traded basket tp and sl could be beneficial.


Thanks in advance Tanaka.
Click to expand...
Sorry I don't understand this.
Can you describe some picture so that I can understand clearly?
---------------------
On every new H1 candle EA checks conditions on 4 time frames. Lets say its 12h.
Buy conditions
the 11h-12h H1 candle has to close as an up candle.
the 11.55-12h M5 candle has to close as an up candle.
the 11.45-12h M15 candle has to close as an up candle.
the 11.30 -12h M30 candle has to close as an up candle.
 
Mr Tanaka please make a small amendment to the Advisor,you only need to add USE Hedge.I am ready to share my settings,please,do not add anything else.Because hedging he expects is not true,can you turn it off at all?
 

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Last edited:
FokusBtc said:
Mr Tanaka please make a small amendment to the Advisor,you only need to add USE Hedge.I am ready to share my settings,please,do not add anything else.Because hedging he expects is not true,can you turn it off at all?
Click to expand...
I dont understand. You want me to add hedge? Only hedge?
 
MR TANAKA CAN YOU MAKE AN EA FROM THIS AMAZING INDICATOR . PLEASE JUST MAKE IT WITH SETTINGS OF OPPOSITE CLOSE. LET IT PLACE TRADES ON SIGNAL AND CLOSE WHEN ANOTHER SIGNAL APPEARS THEN OPEN ANOTHER TRADE
 

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kavuma julio said:
MR TANAKA CAN YOU MAKE AN EA FROM THIS AMAZING INDICATOR . PLEASE JUST MAKE IT WITH SETTINGS OF OPPOSITE CLOSE. LET IT PLACE TRADES ON SIGNAL AND CLOSE WHEN ANOTHER SIGNAL APPEARS THEN OPEN ANOTHER TRADE
Click to expand...
Are you sure opposite close is profitable? Is this non repaint?
 
tanaka akiko said:
So

Sorry I don't understand this.
Can you describe some picture so that I can understand clearly?
---------------------
On every new H1 candle EA checks conditions on 4 time frames. Lets say its 12h.
Buy conditions
the 11h-12h H1 candle has to close as an up candle.
the 11.55-12h M5 candle has to close as an up candle.
the 11.45-12h M15 candle has to close as an up candle.
the 11.30 -12h M30 candle has to close as an up candle.
Click to expand...


Hello Tanaka,

that is just one example. Ea should work in designated time period or round the clock, i just took one example. Point is that all candle bodies should align and be UP or DOWN.

Please check the pdf with strategy explained, and it has some pictures which can give you some ideas about strategy.

Please let me know if you need more picture examples.
 

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