I have an other idea to place your SL which is most effective. This is just under MM100 (exponential). And for TP, as we are in M15 timeframe, you can use 15 pips for your TP.remselie wrote:Sun Feb 07, 2021 9:51 pm Thanks for this great indicator.
I made simuklations and extract results from excel sheets. See below.
Thanks
Re: Trend Indicators for MT4
652YES.. good, see this settingsremselie wrote:Mon Feb 08, 2021 1:47 am
I have an other idea to place your SL which is most effective. This is just under MM100 (exponential). And for TP, as we are in M15 timeframe, you can use 15 pips for your TP.
NZDCADM15.png
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Trend Indicators for MT4
653Very good. But very difficult to place TP. If I see last friday I have 15 positions with 10 to 15 acquired pips in profits. So I think we can win almost 100 pips easily per day. The motivate thing is to let the position until a candle cross MM100. Sometimes you will cut with maybe 100 pips of profits, sometimes you will lose 2 or 3 pips (you were at +30 pips 1 hour before...). I don't know what is the way. I will test from tomorrow!
Re: Trend Indicators for MT4
654what RR that your side applied??remselie wrote:Mon Feb 08, 2021 4:33 am
Very good. But very difficult to place TP. If I see last friday I have 15 positions with 10 to 15 acquired pips in profits. So I think we can win almost 100 pips easily per day. The motivate thing is to let the position until a candle cross MM100. Sometimes you will cut with maybe 100 pips of profits, sometimes you will lose 2 or 3 pips (you were at +30 pips 1 hour before...). I don't know what is the way. I will test from tomorrow!
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Trend Indicators for MT4
655In first, if you read all my messages, you will see RR is impossible to determine.
In second, I don't believe in RR
Re: Trend Indicators for MT4
656thanks..remselie wrote:Mon Feb 08, 2021 6:48 pm
In first, if you read all my messages, you will see RR is impossible to determine.
In second, I don't believe in RR
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Trend Indicators for MT4
657Hello all,remselie wrote:Mon Feb 08, 2021 4:33 am
Very good. But very difficult to place TP. If I see last friday I have 15 positions with 10 to 15 acquired pips in profits. So I think we can win almost 100 pips easily per day. The motivate thing is to let the position until a candle cross MM100. Sometimes you will cut with maybe 100 pips of profits, sometimes you will lose 2 or 3 pips (you were at +30 pips 1 hour before...). I don't know what is the way. I will test from tomorrow!
So, after my first live experience day with this system....I return to my old profitable system. Lol . ALL trades are negatives . Impossible to have a good one. In M15 or H1, same things. Really strange... I think this indicator need to be worked...I believe in it, but with different settings
Re: Trend Indicators for MT4
658Dear mrtools , Is it possible to use this indicator with ICustom?
Because I'm getting an error using it ... like "Indicator name should be different, please contact forex-station.com"
Thank you!
Re: Trend Indicators for MT4
659Yes it should be possible.fre_wind wrote:Tue Feb 09, 2021 8:44 pm
Dear mrtools , Is it possible to use this indicator with ICustom?
Because I'm getting an error using it ... like "Indicator name should be different, please contact forex-station.com"
Thank you!
Re: Trend Indicators for MT4
660I'm getting this kind of error:
...
Code: Select all
double ItrendBUY = iCustom(symbol,timeFrame,"my_dev/itrend averages (alerts).ex4",32,0,0,300,0.283,false,false,false,false,false,false,0,shift);
double ItrendSELL = iCustom(symbol,timeFrame,"my_dev/itrend averages (alerts).ex4",32,0,0,300,0.283,false,false,false,false,false,false,1,shift);
...
The file name must be :itrend averages (alerts).ex4
contact forex-station.com
the indicator name itself is exactly as requested ...