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Suggestion I will make a Free EA with your Indicator

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Tanaka you can create an EA with this indicator, when the T1, T2, T3 becomes all Blue instead compares when everything becomes Red to sell. Thanks for all the work.
 

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steve80 said:
Hi All , did someone have Renko chart indicator is no need to use M2 chart?
i mean no need use offline to use Renko
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As far as I know, it's not possible in MT4 or MT5 because this platform will not support renko by default. If you badly want renko in same chart then you can use Ctrader trading platform which is provided by most of the brokers.
 
dafik said:
DAFA MTF RSI

Hello Mr. Tanaka and thanks for yours really hard work.

Is't possible to make EA based just on RSI?

This strategy is based on two RSI. Trading chart will be for example M15 with RSI period 7 and as filter there is RSI period 14 on higher TF (for example daily TF).
So, there has to be in EA settings for those two RSI. First RSI just period and levels (30,70) and second RSI timeframe, period and levels(30,70)

If RSI on Daily TF move above level 30 then on M15 we are waiting for the same. If on M15 is RSI above 30 we open SELL trade with SL&TP.
We will open another SELL trade every time when RSI goes above 30 on M15 if on daily TF is RSI still above 30.

Vice versa for LONG trades.

It could be good to make martignale in case of lose trade & maximum concurent open orders.

I could make 14years 99% BT & optimization for this EA.

Is't possible?


example for AUDUSD. It's not the best setup but the signals are correct. This is from M15 TF, there were 4 valid signals in period betwwen green lines.


View attachment 68466

Thanks a lot.

D.
Click to expand...
Is this profitable? If yes, I will check tomorrow.
 

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tanaka akiko said:
profit is used only for same chart.(same pair)
Busket profit is used for all pairs.
EU profit=5$ and GU profit=6$, then total 11$ and all orders are closed if it is more than 10$.
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Thanks for the answer!

So if I use profit it only affects the chart I'm on, totally clear! :)

If I use bukset profit then it considers all charts and all trades right? I mean that it looks for ALL the open orders, manual ones, different EAs ones, etc. right? It just looks if all open orders balance is > busket parameter, am I correct?

Thank you so much for your time Mr. Tanaka! :)
 
reachme said:
As far as I know, it's not possible in MT4 or MT5 because this platform will not support renko by default. If you badly want renko in same chart then you can use Ctrader trading platform which is provided by most of the brokers.
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ok thanks !
 
tanaka akiko said:
Maybe you use AUTO pips? If you want manual step pips, AUTO =false.
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tanaka akiko said:
Maybe you use AUTO pips? If you want manual step pips, AUTO =false.
Click to expand...


I desactivated the tanaka auto pips master and the problem continues. I also noticed that the same problem hits the Expert high low. it seems like how they were made together had the same problem.
experts:
EA HIGHLOW AND EA DEMA .
 

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tanaka akiko said:
You can send both indicators to me and I will code but only mql4 please.
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Kindly take a look if its useful ... I have no idea if its worth...
--------------------------------------
Time frame : H1 , H4

In this Strategy , Indicators are:

5-period Exponential Moving Average (EMA 5, PINK line) applied to the Close.
12-period Exponential Moving Average (EMA 12, YELLOW line) applied to the Close.
21-period RSI (RSI 21)
CCI (80)

Entry Rules for Long Trades:
Its simple. We BUY when EMA 5 crosses above EMA 12 to the upside (ARROW appears)
AND our RSI (21) & CCI (80) > 50 level both are green and RSI Candles Green

Entry Rules for Short Trades:
Enter SELL when EMA 5 crosses EMA 12 to the downside (ARROW appears)
AND RSI (21) & CCI (80) < 50 level both are Red and RSI Candles Red
---------------------------------
The problem is fake signals when EMA lines cross, or fake arrow for cross.
So signal should be only valid if RSI & CCI match color.
 

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tanaka akiko said:
This is tanaka EA templete manual.

1. Note: you can change here. Note is shown in EA comment.
2. MAGIC This is magic #.
3. slippage.
4. Maxspread. EA will not take order if spread is more than the value.
5. Reverse mode: If true, if indicator shows arrow up, then sell order is placed. If arrow down, then buy order is placed.
6. Max order, this is the maximum number of order which EA has at the same time except attack martingale. For example, max order=1, EA will not take an another order if you have already it.
7. MM. You can select fix lot size or varianle lot size based of risk percentage.
8. Attack martingale. If true, EA will take order evry pips step. If you AUTO attack =true, then EA will calculate pips step automatically based on trend variation.
9. profit is US dollers which EA close orders in the same magic#. If each order profit is more than the value, close orders.
10. busket profit is used for all orders in your account. (all magic#)
11. Equity guard, If equity drawdown is more than xx percent in your total balance,the all open orders are closed for safety.
12. Opposite side close. If you want to close order with opposite signal, you can make it TRUE.
13. Trailing stop. TS_start is the pips when trailing starts. If the price is above TS_start pips, then Trailing stoploss is made at current price-TS_stop.
This trailing is working every TS_stop pips.
14. ADX filter If true, ADX filter is used for orders. It is used if you want the chart trending.
Refer to: https://www.investopedia.com/articles/trading/07/adx-trend-indicator.asp
15. Damiani filter is used to know the chart is trending or ranging.
Refer to: https://www.forexstrategiesresource.../292-damiani-volameter-scalping-with-i-trend/
16. News filter(based on FFCAL indicator), If you want to stop (pause only) EA during high imact news time, you can make it TRUE.
17. OffSetHours is used to adjust time of VPS MT4 server time and impact news time. Refer to: https://www.forexfactory.com/showthread.php?t=19293
18. Friday timer, if you want to close all open orders before weekend, you can set time then EA will close all orders on Friday. (MT4 server time)
Click to expand...

Dear Tanaka...

Great I dont have all functions implemented in MQL4... some of them no problem, other ones maybe I need your help to improve them.... there is any way we can get in contact... So I can start helping you more and more..... Nice to start helping people here....

Best regards....

Olotill
 
chathuranga hewa said:
Hi,

Please build a EA robot based my buy and sell arrow indicator, this is never repaint. work good with 1M and 5M time frames,
please build a EA if possible,

Thans
Click to expand...

Dear Friend...

That indicator is the same like Pip Striker ??? Are you sure you get good results in M1 and M5.... I am doing an EA with the signal but results are not good.... Please not that it is basic EA.... only following signal of indicator...
 
Mr Tanaka, Stoplose just for first open, not for martin open, if set stoplose and any martin opened it no stoplose, maybe use equity guard, but equity guard for all opened pair.
 
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