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Suggestion I will make a Free EA with your Indicator

Which one to use?
use the multitime frame H4+ H1 for 15 min trading and Multitime frame for long term trading on 30 Min
i attached an ea and indictor
How to use the ea if the Fl23-exit crossed the zero to sell on 4H timeframe open the ea in testing as sell only and when the fl23 cross 0 to buy close the trades test it on 15min it very profitable on all pairs
How to test in history look at the dates where the fl23 on 4H was sell only and test the same period as sell on 15 min timeframe

Keep the EA as close at profit only 2:- use opposite close and max trades 10
Donot forget to use fl13 as an indictor
 

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Sir Tanaka, regarding the same matter with the image attached.
The trade open for a month and growing the DD until Blow!

So is there any way we can apply this logical thinking to code in the ea just to prevent a big loss?


https://soehoe.id/i-will-make-a-free-ea-with-your-indicator.t9801/page-847#post-316951

not in the same candlestick. i'm just showing that the trade is in loss.
any suggestion?

if its possible, you decide which is applicable, either same candle which need to use higher timeframe, or counting pip loss regardless how mane candle as long the profit is still (-) negative.

thank you for your time.


Sir Tanaka, i searched for Drawdown Controller to set Max DD or equity something like what i requested.

https://www.tradeviewforex.com/software/metatrader4/ea/drawdown-controller

https://www.equitysentryea.com/

If you have something similar, can also add in your template.
 
Hello Mr Tanaka, I am using the EA Super Arrow indicator (revE) version, changing the pips step parameter to 21, but it seems to work incorrectly, please check back, see detail in image, thank you.
 

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Hi Mr. tanaka akiko

I have a concept here. About Fibonacci retracement with GOLDEN RATIO 61.8

Rules:
1. Fibonacci retracement will review 200 candle before for HIGH and LOW
2. It will set the retracement based on Fibonacci number
3. For uptrend...if the price fall down and hit 61.8 fibo retracement --> it will set open BUY
4. For downtrend....if the price rise and hit 61.8 fibo retracement --> it will set open SELL
5. The Target Profit will be the HIGH/LOW Fibo 0.0 Retracement.
6. combine with RSI 80/20 will be perfect.

This method is quite proven in manual trading myself.

Can you code based on the rules and picture attached? Many many thanks.
View attachment 88613





View attachment 88614


I can help you coding this strategy friend... let´s talk by telegram... @olotill so we can discuss about all strategy details... and pairs that works for getting better setting
 
here is the multi time frame indicator
Your description:
// Buy entry: Price was under Band the last X candles
// fl24 trigger: changes color to buy=blue
// fl23 exit filter: color = blue
// Filter on M15: "FL23 Multi TF H1 H4.ex4"
// Filter on M30: "FL23 Multi TF.ex4"
// Exit: fl23: color = white

The "FL23 Multi TF H1 H4.ex4" and "FL23 Multi TF.ex4" give exactly the same signals...so I will only use the first one...
 
Hi Mr. tanaka akiko

I have a concept here. About Fibonacci retracement with GOLDEN RATIO 61.8

Rules:
1. Fibonacci retracement will review 200 candle before for HIGH and LOW
2. It will set the retracement based on Fibonacci number
3. For uptrend...if the price fall down and hit 61.8 fibo retracement --> it will set open BUY
4. For downtrend....if the price rise and hit 61.8 fibo retracement --> it will set open SELL
5. The Target Profit will be the HIGH/LOW Fibo 0.0 Retracement.
6. combine with RSI 80/20 will be perfect.

This method is quite proven in manual trading myself.

Can you code based on the rules and picture attached? Many many thanks.
View attachment 88613





View attachment 88614
Its pretty difficult... but if you provide mq4 file which produce buy sell signals,
Otherwise to create indicator from scratch is difficult
Maybe this indicator with 10 days settings on H1
 

Attachments

Last edited:
Your description:
// Buy entry: Price was under Band the last X candles
// fl24 trigger: changes color to buy=blue
// fl23 exit filter: color = blue
// Filter on M15: "FL23 Multi TF H1 H4.ex4"
// Filter on M30: "FL23 Multi TF.ex4"
// Exit: fl23: color = white

The "FL23 Multi TF H1 H4.ex4" and "FL23 Multi TF.ex4" give exactly the same signals...so I will only use the first one...
yes correct except the price must reach the bands whether the signal comes above or below bands
 
So I will code exit:
- price reached other border
- exit indi shows signal
- both
ok it should be the price reach the other side of the band but because i cannot monitor the trades all the time i use fix TP 15-20 Pips depending on the pair
 
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