​Some guidance on setting up the equity chart using xl8er.mq4. This file must be placed into the indicators directory. The easiest way to find the directory is through File, Open Data Folder and navigate to MQ4/Indicators. Place the indicator on any ...

TREND Following BASKET with Advanced Money Management

The first 3 EMA optimized sets

TREND Following BASKET with Advanced Money Management

​A suggestion for Magic Numbering on each chart. The RSI EA defaults to 4561000, EMA 4562000, MACD 4563000, CCI 4564000 and BBands 4565000 Replace the 000 with 60 (for 60 mins) + a currency pair code (Use 14 for daily and 24 for 4 hourly) As an ...

TREND Following BASKET with Advanced Money Management

​Help Guide is now available at Post #1 above.

TREND Following BASKET with Advanced Money Management

​Yes I will. Please wait until tomorrow.

TREND Following BASKET with Advanced Money Management

The CloseTrades EA will close all active EA's (you nominate the Magic Number range) when the required basket StopLoss or TakeProfit result is achieved. It will send a dummy limit order which any of the enclosed EA's recognize as a discontinue ...

TREND Following BASKET with Advanced Money Management

Yes you can use a combination of the different EA's and the CloseTrades EA will close all EA's within the range of nominated MagicNumbers.

TREND Following BASKET with Advanced Money Management

​The first 3 CCI optimized sets

TREND Following BASKET with Advanced Money Management

​Over the next week I will post a range of optimized set files for the major currency pairs for each EA. I intend to keep the optimizations very current and available at Post #1.

TREND Following BASKET with Advanced Money Management

​The CloseTrades EA and the NonLagDot EA are now linked together. The CloseTrades EA will close all active NonLagDotEA's (you nominate the Magic Number range) when the required basket StopLoss or TakeProfit result is achieved. It will send a dummy ...

trend catching with NonLagDot indicator

​Calculating Stop Loss on last swing high or low and calculating close of trades on nonlagdot reversal has created additional considerations relating to wager size. Thankyou to IPlaton for correcting my logic on the swing highs and lows. If risk is ...

trend catching with NonLagDot indicator

Rather than posting portions of my code without comment, please explain yourself!

trend catching with NonLagDot indicator

If there is a change in the NonLagDot Get the swing point for StopLoss if that is the type of Stop Loss required Delete any Stop Orders Close any open positions if that is the type of close required

trend catching with NonLagDot indicator

Enclosed update to EA. The changes are - Fixed issue with Lot Size on JPY pairs Option for Stop Loss to be based on the most recent swing high or low Option for Trade closure to be based on NonLagDot reversal The last option defaults to Yes and ...

trend catching with NonLagDot indicator

Here is an example of Out of Sample backtesting. The backtest was quite comprehensive in that it covered most of the configurable inputs of the current EA which are highlighted in the input screen image. Take Profit was not optimized and left at ...

trend catching with NonLagDot indicator

You cannot just post your trade journal and expect to get answers. Please PM me with your inputs and I will attempt to help.

trend catching with NonLagDot indicator

​Using TakeProfit 9999 in the EA is causing an Order Send error so please use TakeProfit 1000 to trade with nonlagdot reversal as the close signal. Please read Post #441 above also. Latest download Post #434

trend catching with NonLagDot indicator

​That's a great comment and is what makes these think tanks so productive. It's probably time for me to leave the EA alone as I have been caught in the past trying to tweak and overcomplicating things. I mentioned in my previous post that with ...

trend catching with NonLagDot indicator

​For those interested in the EA, it would appear that the close trades on reversal of the nonlagdot indicator is diminishing returns on backtest with the default WMA length so I would suggest expanding the length to beyond 50 to allow for more ...

trend catching with NonLagDot indicator