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Which one to use?here is the multi time frame indicator
Which one to use?here is the multi time frame indicator
Here it is.
use the multitime frame H4+ H1 for 15 min trading and Multitime frame for long term trading on 30 MinWhich one to use?
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.
Mr Tanaka please do you have the mq4 file for the indicator not the ea of GoodArrowIndicator.
Please can you help me with it?
Thanks
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
what is the stoploss in this condition in this brother..
Your description:here is the multi time frame indicator
Its pretty difficult... but if you provide mq4 file which produce buy sell signals,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
yes correct except the price must reach the bands whether the signal comes above or below bandsYour 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...
So I will code exit:yes correct except the price must reach the bands whether the signal comes above or below bands
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 pairSo I will code exit:
- price reached other border
- exit indi shows signal
- both