Hi Vox, Could you show a chart ? Perhaps the reason is : When you have "CheckOncePerBAr = true", then the EA takes the values of the previous day. They may be different from today's values.

TCO Trader EA

That's 2 days ago sherlock Thanks Watson, Let me know when you have the investigation finished.

TCO Trader EA

I don't stop you. Go ahead. Show your settings etcetera ! What about your H4 settings with EMA+MACD . Long heard nor seen anything.

TCO Trader EA

Ho S3, In my opinion you would not have had the 2 trades , you mention in your post : quote if we assume longs only per your hypothesis, then I would have had 2 long trades (1 @ 97.75 on 24 June and 1 @ 97.58 on 26 June end quote For both trades, ...

TCO Trader EA

Hi S3, Thank you for your clear explanation. It is interesting to see for EURAUD that the 20/50 strategy would give 2 winning trades whereas the MACD strategy would have 1 losing trade in the same time period. I suppose hereby that once the trade is ...

TCO Trader EA

Hi S3, Could you surprise us with a chart with one or two examples on it. I suppose the timeframe would be 1 hour ? Thanks. I give it a try here myself. Here is an attached example of the H1 chart of currently GBPAUD. It is the template of TCO. This ...

TCO Trader EA

For the use of the macd strategy in the long run this does not have major implications. It is only annoying to have a glitchy indicator. In this way it is not possible to get consistency with other programs like for example the dashboard program.

TCO Trader EA

In the attached image I created the same 2 charts, but now both represented in the same way: mian versus signal line a) Thirdscreen way = macd_adjustable b) Official macd way of calculation Now you can see at once where the minor differences are.

TCO Trader EA

The indicator macd_adjustable has errors in it. I call it a 'glitch'. It seems that the source code is a mess. The glitch appears especially then when the numbers of the main line and the signal line are approaching zero. (When the macd is in ...

TCO Trader EA

As long as the MACD D1 is negative, I consider the trend DOWN. That relates to the macd strategy. But I have to admit, that 420 pips upwards was a strong hit for me with GBPAUD. Is the trend really UP now ? Even if that is true, how much more space ...

TCO Trader EA

Hi MKF, That means, you will have the EA out of order for the whole day tomorrow ? USA will be closed because of 4. July. What do you do on Friday with the NFP report (USA) ?

TCO Trader EA

Maybe you support your statements with some proof ? And by the way , we are NOT interested in your weekly TF analysyis and bar by bar SL/BS settings. If you think, you have a better system, start your own thread. I am also not interested in ...

TCO Trader EA

Thanks TCO. This was a very clear answer. I am sure it helped with a lot of questions. Not only is the term "Ema Turtle" clear, but also how this was derived and how to apply more than 1 method in general. You also made clear the use of the ...

TCO Trader EA

What is "EMA turtle" ? I understand that we use here the "Turtle" method. That applies to the highest high of the last 20 or so candles and the lowest low. But what has "EMA" to do with it ? Is that an exponentially fast moving turtle ?

TCO Trader EA

What is the connection between "Ema Turtle settings" and MACD ? I don't see how the "ema turtle settings" explain the behavior of the macd.

TCO Trader EA

That is a very interesting question. One can read in the first post : The EA is designed to work on the lower time frame chart. So if you use the daily time frame for your trend determination and the hourly time frame for the Williams% entry signal, ...

TCO Trader EA

You may switch to any timeframe. The EA works independently of that. Added: You may incidentally, shortly inspect the other timeframes, but for a correct working of the EA, you must return to the lower time frame. That is the hourly timeframe in ...

TCO Trader EA

Perhaps I start :"NAKED TRADING". I don't want anything on my chart. No confusion at all ! ( See my chart of GBPUSD Daily timeframe).

TCO Trader EA

Question : Why does AUDUSD give a SELL at this moment ? Answer : If you have "CheckOncePerBar == true" , then the EA will only take the MACD value of the previous day. In this case that means : the previous day is minus. However, the current day at ...

TCO Trader EA

Hi Erebus, Good explanation from your side. Allow me to post once again, your chart template for the MACD (third screen ) method : It is my favorite template for this method. (With thanks to Erebus) . I added the stochastic(14,3,3) because that is ...

TCO Trader EA