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Suggestion I will make a Free EA with your Indicator

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WidiNug said:
Yeah,,... It much help if there is function to hold stop some time if drawdown too big, like News setting but the triger is different, if detect EA behavior not fit to Market Condition, big drawdown is the best indicator that Market is not fit to EA.

If stop close all order, will total lost, just hold not close.
Click to expand...

this a good idea
i think this similiar like tma cg mladen fiture but with different exit rule
if total loss = X --> then ..... ???

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Balayogesh said:
Thank you Tanaka :angel:.

This is 32 days testing, performing the same way in real account. Will send you coffee by 1st week of July after profit.
Click to expand...
Very good performance. Can you share which ea and set you are using please? Will send you and coder coffee through PayPal
 
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...
This is just simple version of Price action EA.
upload_2019-5-29_13-47-48.png

If M5/M15/M30/M60 candlestick (1bar before) show up trend && price is 3pips away from M5 TF close price, then buy order is placed.
If M5/M15/M30/M60 candlestick (1bar before) show down trend && price is 3pips away from M5 TF close price, then sell order is placed.


EU M5
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stadevata said:
this a good idea
i think this similiar like tma cg mladen fiture but with different exit rule
if total loss = X --> then ..... ???

View attachment 86658
Click to expand...

May be also good idea if > If EA make some consecutive wrong decision also can be triger >>

The Idea Just come to my mind.


so my suggestion is :
If EA make xx times Consecutive Negative result ==> Then .... EA Stop for xxx Hours
and
If Equity Drawdown reach xxx $ ==> Then .... EA Stop for xxx Hours
 
naufil23 said:
Very good performance. Can you share which ea and set you are using please? Will send you and coder coffee through PayPal
Click to expand...
Hi,

1. I use multiple EA around 3.
2. It can even perform much better but i find this set file for each EA is safer.
3. I have my own money management EA, which controls based on my logic. Even if exit in loss, in a max of 3 days i can recover it.
4. I have full control over my EA's via Telegram. If needed i will close positions from telegram or turn off Auto trading.

My system is not simple. Take each EA and work on the set files, you can make wonders. It makes min 3% to max of 6% a day.
 
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...
Dear plg can you share bs trend set file?
 
Dear Zaman Ahmad Khan can you share zaman martingale startagy ( 22 may) set file? good EA . i am testing number of trades , but i want good set file plg
 
WidiNug said:
Yeah,,... It much help if there is function to hold stop some time if drawdown too big, like News setting but the triger is different, if detect EA behavior not fit to Market Condition, big drawdown is the best indicator that Market is not fit to EA.

If stop close all order, will total lost, just hold not close.

Not Close Order,.... just like News Setting, only the triger is different.

preventing EA make continuous active in bad condition that makes condition worse.
Click to expand...
I revised templete.

1. Basketstoloss
If all chart profit loss reached to xxx dollars. then you can select close order and stop EA for xxx hours, or just close only.
upload_2019-5-29_15-24-31.png


2. Equity guard
If your account equity LOSS reached to xxx percentage , then you can select close orders and stop EA for xxx hours, or just close only.
upload_2019-5-29_15-25-6.png
 

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tanaka akiko said:
I revised templete.

1. Basketstoloss
If all chart profit loss reached to xxx dollars. then you can select close order and stop EA for xxx hours, or just close only.
View attachment 86670


2. Equity guard
If your account equity LOSS reached to xxx percentage , then you can select close orders and stop EA for xxx hours, or just close only.
View attachment 86671
Click to expand...

One more option please, and i think its most important ==>> Stop EA only, open trade not closed, its iportant to limit further worse drawdown but not Close the open order. The Idea like used by Miss Stadevata, to avoid bad market condition, but not close order in negative in bad time.
 
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WidiNug said:
One more option please, and i think its most important ==>> Stop EA only, open trade not closed, its iportant to limit further worse drawdown but not Close the open order. The Idea like used by Miss Stadevata, to avoid bad market condition, but not close order in negative in bad time.
Click to expand...
OK, I added stop only, not close orders.
upload_2019-5-29_15-51-42.png
 

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