For 4-digit brokers you can set it to 5 or 10. While for 5-digit brokers to 50 or 100 (as it will be in points not pips).

Follow the BIG Candle

This possible by setting the "sl_atr" parameter to the same amount (or more) of the "atr_multiple" paramter.

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Good. As per your first post if one pending order is triggered the other (Stop and Reverse) will be opened (or in other terms : the other pending order will be modified) where the market price was. I understood this statement as "where the market ...

EA to test a CRAZY idea

I tried the version compiled with Build 445 on Build 500 and it worked fine. Guys with older versions please try it and let me know if it didn't work along with MT4 Build number. Thanks.

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Steve, The attached release should work with MT4 older versions. This one was compiled with Build 445. Let me know if it works or not. I've added a suffix if "x" in the file name in order to differentiate between the two versions. Regards, Khalil

EA to test a CRAZY idea

This is a release for older MT4 versions. It was compiled on Build 445. Let me know if it works/or not. I have put a suffix of "x" in the file name in order to differentiate between the two versions. Regards,

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Hi Steve,I'll try to compile it on earlier version tomorrow.

EA to test a CRAZY idea

@ steve: May I suggest moving the thread to the "Trading Systems" forum ?

EA to test a CRAZY idea

OK here it is. Although I made some modifications to the original idea. As there is no Year period in MT4, I skipped it for now, and did it for Daily,Weekly and Monthly periods. I have also incorporated a Trailing Stop which seems to greatly affect ...

EA to test a CRAZY idea

Lets try shorter time frames. These are two tests on EUR/USD and GBP/USD on M30 for 2013. Results attached. Notice that since we are using a shorter time frame here, I've set MA to 100 and ATR multiple for candle size to 5. Also the other parameters ...

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Please note that in the latest release of mt4, folders were changed. If you have the latest release, then expert should go in the Experts folder which is under MQL4 folder. (i.e. .../MQL4/Experts/). Regards,

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Notes about the second release: 1. Profit factor has increased from 1.89 to 3.02. We had 18 won trades out of 20 taken !!! 2. Although we have increased the risk percentage from 0.02 to 0.05, relative draw down has not changed much (from 17.19 to ...

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Here you go. The new release with test results for GBP/USD as before (H4,2013), parameters are in tester image attached. Modifications done are: 1. Removing Fixed TP,SL and Trailing Stop. Every thing will be based on ATR so that it will be easier to ...

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Almost done, MA period will be settable by user. However I think it should be small (20) for Large time frames and large (200) for smaller time frames.

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This would be a Very Long Term strategy, as maybe you'll have 1 or 2 trades a year. What if we make it on Monthly ATR instead of yearly ? Anyway, once I have time , I will work on the EA and make the period variable (Yearly, Monthly, Weekly).

EA to test a CRAZY idea

I've thought of some improvements on the EA: 1. Include a moving average parameter in order to take only the trades that go with the Trend. 2. Ignore Signals that are way too far from the moving average. 3. Take Partial Profit at specific distance ...

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Larger time frames are better. Minimum H1, better H4 or Daily.

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These are the test results for GBP/USD, H4 from 1/1/2013 to 31/12/2013. Parameters : tp_pips = 0,sl_pips=0,ts_pips=0, atr_period=21,atr_multiple=2.5, tp_atr =50,sl_atr=3,ts_atr=5, candle_period=0, risk_perc=0.02 (2%),fixed_lots=0, trail_stop_jump=10

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Here's the EA. Parameters : tp_pips : Take Profit in Pips, default 0 (in order to use ATR multiples) sl_pips : Stop Loss in Pips, default 0 (in order to use ATR multiples) ts_pips : Trailing Stop in Pips, default 0 (in order to use ATR multiples) If ...

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