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2024-05-26T19:24:57+10:00 https://forex-station.com/feed/topics_active 2024-05-26T19:24:57+10:00 2024-05-26T19:24:57+10:00 https://forex-station.com/post1295542486.html#p1295542486 <![CDATA[MetaTrader Forum • ⏰ Daily Downloads: Indicators & Trading Systems Of The Day]]>
Arnaud Legoux, a French mathematician developed the ALMA as a Weighted Moving Average that employs Gaussian Filters to eliminate minor price fluctuations. Ideal as a replacement over the LWMA, Kvak has now released a 3x Ribbon Crossover for MT4, here: post1295542418.html#p1295542418
Triple ALMA Moving Average Cross Ribbon Filled for MT4 (May 2024).png

Statistics: Posted by Jimmy — Sun May 26, 2024 7:24 pm — Replies 1937 — Views 1681794


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2024-05-26T19:19:34+10:00 2024-05-26T19:19:34+10:00 https://forex-station.com/post1295542485.html#p1295542485 <![CDATA[MT4 Indicators • Indicator settings SSL, ASH, ALMA, LWMA]]>
I am looking for some guidance on best settings for a few indicators particularly for the daily charts? Can any one help or show me any threads which already have them ?
As the Daily chart already smooths price action itself you can afford to use smaller periods of Moving Averages for crosses.
As a guide, use Fibonacci numbers for indicators and your Moving Average settings for maximum profit ie:
  • 13 EMA as the fast Moving Average
  • 55 EMA as the slow Moving Average
Using a longer period of Moving Average like 100 SMA will miss a lot of entries and exits and are best saved for the intraday timeframes.

For a guide on what advanced Moving Average filters do, please also see: All Averages - Advanced MA Filters guide.

Statistics: Posted by ChuChu Rocket — Sun May 26, 2024 7:19 pm — Replies 1 — Views 1445


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2024-05-26T19:05:29+10:00 2024-05-26T19:05:29+10:00 https://forex-station.com/post1295542484.html#p1295542484 <![CDATA[Trading Systems • 🪲Beatle's Trend Trading System🪲]]>
Hello Everyone,
I am seeking assistance from the community for the development of a rudimentary Expert Advisor (EA) to produce multi symbol signals compatible with Beats V5. This tool would be a valuable asset for all members here. The ideal contributor would be someone with a generous spirit, willing to volunteer their expertise for this project.

To facilitate the process, I have prepared comprehensive visual aids and descriptions to ensure clarity and ease of understanding.

Thank you in advance for your willingness to contribute."
Hello

Let me suggest you ask Funchi to create an EA based on the Beatle rules you want to use. He is very helpful and has incredible experience; the things he creates really work. I have collaborated with him on a strategy of mine, and it works wonderfully.

For example, at this link post1295542425.html#p1295542425, you can find a simple scanner that searches for entries based on XU v010. Then you can also pair the scanner with the EA that manages entries, stops, lots, and everything you need.

Within a day, you can have a fully functional EA, crafted perfectly, ready to test and share with the community.

Statistics: Posted by lukgoku — Sun May 26, 2024 7:05 pm — Replies 4153 — Views 1136758


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2024-05-26T17:50:16+10:00 2024-05-26T17:50:16+10:00 https://forex-station.com/post1295542480.html#p1295542480 <![CDATA[Trader's Lounge • WW3 Countdown]]>
The latest escalation by NATO is to use Ukr drones and US satellites to target a Russian Over The Horizon (OTH) radar site deep in southern Russia that would be used to detect incoming Inter Continental Ballistic Missiles from the US in a nuclear war.

Important to note that this radar is a specific use system and not involved in the Ukraine conflict, it's position is fixed and pointed in the opposite direction.
Screenshot 2024-05-26 084126.png

Pro-Ukr Channel.
More Significant Than Reported, This Can Lead To Disaster - Ceasefire - Ukraine Map Analysis, Update


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NATO, time has come to hit Russia hard. Putin entourage. Reuters floats freeze with Zelensky gone

iframe

Statistics: Posted by Ogee — Sun May 26, 2024 5:50 pm — Replies 2878 — Views 178750


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2024-05-26T17:18:30+10:00 2024-05-26T17:18:30+10:00 https://forex-station.com/post1295542478.html#p1295542478 <![CDATA[Trader's Lounge • Traders joking (Memes, Jokes & anything funny to pass time between trades)]]>
Screenshot 2024-05-26 073338.png

Statistics: Posted by Ogee — Sun May 26, 2024 5:18 pm — Replies 3309 — Views 382228


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2024-05-26T17:17:02+10:00 2024-05-26T17:17:02+10:00 https://forex-station.com/post1295542477.html#p1295542477 <![CDATA[Trader's Lounge • News]]>
Screenshot 2024-05-26 072257.png

Statistics: Posted by Ogee — Sun May 26, 2024 5:17 pm — Replies 712 — Views 63138


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2024-05-26T17:09:23+10:00 2024-05-26T17:09:23+10:00 https://forex-station.com/post1295542475.html#p1295542475 <![CDATA[MT4 Indicators • Moving Average indicators for MT4]]>
Here is updated version with ribbon fillings, also alerts for short/medium or medium/long cross and button....
Thank you very much, Mr kvak <3 :In Love:

May I ask you for one more thing?
If possible, could you please add up/down colour to the candles?

Thank you in advance.

Mrs Watanabe.
DAX-20240524.PNG

Statistics: Posted by Mrs.Watanabe — Sun May 26, 2024 5:09 pm — Replies 3529 — Views 2052766


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2024-05-26T15:47:25+10:00 2024-05-26T15:47:25+10:00 https://forex-station.com/post1295542474.html#p1295542474 <![CDATA[Trader's Lounge • Covid Vax]]>
You Look.jpg
Right! Is any one still wearing masks? Haha

Statistics: Posted by ChuChu Rocket — Sun May 26, 2024 3:47 pm — Replies 37 — Views 1840


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2024-05-26T09:29:40+10:00 2024-05-26T09:29:40+10:00 https://forex-station.com/post1295542472.html#p1295542472 <![CDATA[Trader's Lounge • What kind of music do you listen to during trading?]]>

https://youtu.be/jmqRFi_IwzQ
VUuGZIFNkI.png

Statistics: Posted by SijjiN — Sun May 26, 2024 9:29 am — Replies 1558 — Views 177607


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2024-05-26T06:29:50+10:00 2024-05-26T06:29:50+10:00 https://forex-station.com/post1295542469.html#p1295542469 <![CDATA[Trading Platform Discussion • Are brokers moving away from MT4 and MT5?]]>
I got MT4 updates in both my terminal, XM and Squared Fin...
Last was Version: 4.00 build 1417.
Yeah, Metaquotes is doing a solid job of continuing MT4 updates for existing commercial clients even though MT4 is no longer provided to new commercial clients.

For a history of MT4 updates, see https://www.metatrader4.com/en/releasenotes

Statistics: Posted by JohnnyRy — Sun May 26, 2024 6:29 am — Replies 59 — Views 5525


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2024-05-26T05:51:53+10:00 2024-05-26T05:51:53+10:00 https://forex-station.com/post1295542468.html#p1295542468 <![CDATA[MT4 Indicators • MT4 Indicator requests and ideas]]>
Thanks MrTools, but the arrows do not appear when I change the parameters to 5,3,1. Also this version looks different

Could that be modified?
I was look in code and there are two different lines in calculation, if you changed it in posted Mrtools indicator, have same indicator...
Also if you use setup x,x,1, arrows would not be displayed, because arrows are on stoch/signal cross.
explorer_ioaFSdzyfr.png

metaeditor_6bWa00rejp.png

Statistics: Posted by kvak — Sun May 26, 2024 5:51 am — Replies 20481 — Views 5741484


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2024-05-26T04:56:55+10:00 2024-05-26T04:56:55+10:00 https://forex-station.com/post1295542465.html#p1295542465 <![CDATA[Trading Systems • Seems like a good one]]>
https://www.reddit.com/r/algotrading/co ... 11_sharpe/
In my experience, maximum drawdown increases at a similar rate with profit factor. The reddit post shows a max dd of about 20% with a pf of about 2. Not bad at all. For example, another good strategy with about 23% max dd should have a pf of about 2.3.

Statistics: Posted by JohnnyRy — Sun May 26, 2024 4:56 am — Replies 1 — Views 330


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2024-05-26T04:12:17+10:00 2024-05-26T04:12:17+10:00 https://forex-station.com/post1295542464.html#p1295542464 <![CDATA[Trading Systems • XARD - Simple Trend Following Trading System]]>
Hi,

I found Xard sir's Indicator in folder : XU v2-Semafor - Attached file *

This allows User Input.

Thanks.

Thanks to Xard sir.
Is not that, is the same values used only on sema on v50 on v65.

Statistics: Posted by Curioso — Sun May 26, 2024 4:12 am — Replies 15329 — Views 3887124


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2024-05-26T03:35:10+10:00 2024-05-26T03:35:10+10:00 https://forex-station.com/post1295542463.html#p1295542463 <![CDATA[Trading Systems • Request for Assistance with EA Development]]>
Hello everyone,

I've been working on integrating my trading strategy into an Expert Advisor (EA) for better back testing. My strategy utilizes three indicators: MACD, TMA Centered Bands, and Gann HiLo activator bars. Here's a detailed overview of the trade logic:

Trade Logic
1. MACD as the Trend Filter:
Custom Settings: Fast EMA (65), Slow EMA (75), Signal Line (35).
Bullish Trend: The signal line (35) is above the zero line.
Bearish Trend: The signal line (35) is below the zero line.
Purpose: Determines overall market sentiment (bullish or bearish) and serves as the basis for opening long or short positions.

2. TMA Centered Bands:
Upper Band Breakout:

Look for instances where the closing price of a candle crosses above the upper TMA band.
Indicates potential overbought conditions or strong bullish momentum.
Can be interpreted as a potential sell signal or a caution against further upward movement.

Lower Band Breakout:

Identify situations where the closing price of a candle crosses below the lower TMA band.
Indicates potential oversold conditions or strong bearish momentum.
Can be interpreted as a potential buy signal or a caution against further downward movement.

3. Gann HiLo Activator Bars:

Buy Signal Conditions:

The closing price of the current candle crosses above the high value calculated by the Gann HiLo indicator.
The previous candle's closing price was below the high value.
Optional additional confirmation (e.g., slope of a moving average, volume).
Sell Signal Conditions:

The closing price of the current candle crosses below the low value calculated by the Gann HiLo indicator.
The previous candle's closing price was above the low value.

Issues I'm Facing
I've managed to write some code for the trade logic execution, but I'm encountering several issues:

Trade Calculation: The calculation for the lot size based on the percentage risk is not working correctly.
Backtesting Problems: The backtests are not producing the expected results.
Platform Context: The EA is running on an offline chart that uses PointO Bars.
I've attached the code I've written so far. The code compiles correctly, but some functions are not working as intended.I would greatly appreciate any help or suggestions on how to get this EA working correctly, especially in terms of:

Correctly calculating lot sizes based on percentage risk.
Ensuring the trade logic executes as intended.
Improving the accuracy of back testing results.
Thank you in advance for your assistance!
(a) I'm not a moderator, but I'm posting this reply so you can comply to avoid getting banned.

(b) "Members must make an effort to participate, post, or share something (ie. your own indicator(s), files) before asking for coding work or modifications" (viewtopic.php?t=8472780).

(c) in any event, welcome to the best forex trading forum that exists.

Statistics: Posted by JohnnyRy — Sun May 26, 2024 3:35 am — Replies 1 — Views 113


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2024-05-26T01:04:47+10:00 2024-05-26T01:04:47+10:00 https://forex-station.com/post1295542459.html#p1295542459 <![CDATA[Trader's Lounge • Best of Don The Con]]>
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Statistics: Posted by JohnnyRy — Sun May 26, 2024 1:04 am — Replies 251 — Views 10178


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