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Suggestion I will make a Free EA with your Indicator

I have opposite strategy, but based on same principle. Sl biger than TP, ex. SL 150 TP 50, combined with limited Martin type 1, minimal multipli 2x, but limited to 2 -3 times, combined with opposite close, probability to hit TP much greater than SL, but if hit sl or negative profit, it will payback in next order, since use martin order. Based on test, if ratio correct, will have great profitability with decent drawdown. Tricky part is to calculate ratio between, account balance, sl and tp, martin 1 setting, each pair will require different ratio.
OK, I will code this EA, so can you test and find the good parameter? After that I will remove unused function from my templete.
 
Tanaka San, this attached indicator will make your life more easy to get proper entries on Pinbar and you don't have to code EA to pick Pinbar candles manually, however I don' see this strategy very strong because Pinbar does not help all the time unless you turn it's EA into algo form like every signal it will pick order regardless the previous order is still open or not. Each order with 10 PIPs SL and 20 PIPs TP, so in case if any running order will hit SL, then another running order from signal will cover the loss of previous order closed on SL. That is basically the Algo style to pick trades on all signals either if the same signal repeats, it will still pick the order. Same theory you can apply on MA EA, whenever the cross happen, EA will pick order so by the end of the day, there will be some loss trades on small SL and some profitable huge trades on bigger TP.

You need to make EA settings to pick all orders from signals, so no need for max order option, pip distance between orders or any martingale option because Pinbar does not appear many times, therefore news filter will also not require. H1/ H4 are suitable time frames. TP should be double to SL (eg. SL=10 and TP=20). In settings, if you add both time frames H1/ H4, so whatever the timeframe on chart will be active, EA will pick orders only from H1/ H4 times frames only. This can be with 2 options in settings, current time frame/ H1 and H4, so user may select any of the option. Simple settings like lot size, auto magic number, trail stop (not trail step or start) and above mentioned would be perfect for this EA.

If possible, can you name my theory as "EA Zaman Pinbar Attacker June 2019", I will be very grateful to you. I have made this request after a very long time ;););););)

View attachment 86920
I coded. Please check.

You can choose entry signal TF
1. current TF
2. H1 && H4 TF

upload_2019-5-31_13-10-50.png
 

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  • EA_pinbardetector.ex4
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OK, I will code this EA, so can you test and find the good parameter? After that I will remove unused function from my templete.

The srategy need any EA with not many signal but high probability to hit TP. And opposite signal with inough distace. Or if false, and negative result using opposite close in not too much distance.
 
Hi Sir Tanaka, this is the best setting and result i can get.
But i can't see the open and close back to back when doing backtest.
Maybe the indi is not good enough i guess.
 

Attachments

BTW Sir Tanaka, i have another request for EA using trend indi.
My logical thinking says its good if its possible to make.
 

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I have no idea.
I am FT in ECN account (TF M1) and it is working but very few trade.
I will attach my set file. Maybe this EA has very few chance to trade? I don't know it is due spread issue or someting. You can try to find original manual.
View attachment 86161
View attachment 86162

Dear Mr.Tanaka
EA MoneyMakerMe seems to be very good.
However, sometimes it does not close open position.
(one or two times per a few days..)

Can you please solve this problem?

Thank you very much in advance.
 
BTW Sir Tanaka, i have another request for EA using trend indi.
My logical thinking says its good if its possible to make.
I coded.
You can select buy only or sell only and close with opposite signal.
upload_2019-5-31_14-39-4.png

Below: Pick all sell signal and close by buy signal.
upload_2019-5-31_14-39-18.png
 

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  • upload_2019-5-31_14-39-18.png
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  • EA_Dot Line Alert.ex4
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Dear Mr.Tanaka
EA MoneyMakerMe seems to be very good.
However, sometimes it does not close open position.
(one or two times per a few days..)

Can you please solve this problem?

Thank you very much in advance.
Sorry I have no idea... I just changed the code to work in live. That is it.
 
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