EA_Price_Action

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EA_Price_Action

Postby Apprentice » Fri Feb 26, 2021 4:33 am

Based on the request.
viewtopic.php?f=38&t=70820
EA_Price_Action.mq4
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EA_Price_Action.mq5
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Re: EA_Price_Action

Postby theCuchuoi » Sat Mar 06, 2021 3:43 am

Mr. Apprentice, thank you for your work. Please revise the MQ5 version. The reason being the TP target is miscalculated for some reason.
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Untitled.png
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Re: EA_Price_Action

Postby theCuchuoi » Sat Mar 06, 2021 3:46 am

Mr. Apprentice, thank you for your work. Please revise the MQ5 version. The reason being the TP target is miscalculated for some reason.
Attachments
Untitled.png
As shown in this screen cap, the TP is misplaced by a huge margin (I set both SL and TP target at 30)
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Re: EA_Price_Action

Postby Apprentice » Mon Mar 08, 2021 4:53 am

Your request is added to the development list.
Development reference 259.
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Re: EA_Price_Action

Postby yolerap » Wed Mar 10, 2021 6:15 am

Hello Apprentice and team,

Is it possible to code one simple strategy for me please for MT5 platform ?
This strategy doesn't require indicator. We just need to look the candle.

We need to look the picture,

Set one buy stop when : The higher and the lower candle are lower the previous candle (like the blue numbers 2,3,4,6,7,8).
So, put one buy stop at the higher candle (One example : when the candle 3 is opened, put buy stop at the higher of candle 2).

It's the same principle for sell stop :

Set one sell stop when : The Higher and the lower candle are higher the previous candle (like the white numbers 2,3,4,6,7,8,9,11).
So, put one stop at the lower candle (One example : when the candle 3 is opened, put sell stop at the lower of candle 2).


I need the EA let the sell stop and buy stop at each conditions respected. It means that the EA put also one sell stop at the lower of the candle number 5 (blue number)
I also need : take profit and stop loss parameters, time to trade and number of max positions.

Thank you in advance,
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explained strategy.PNG
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Re: EA_Price_Action

Postby Apprentice » Thu Mar 11, 2021 4:28 am

Your request is added to the development list.
Development reference 266.
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Re: EA_Price_Action

Postby AnymTrader » Sun Mar 14, 2021 3:42 am

Thanks Apprentice for the hard work. But could you please revise the mql5 version because it should close all order in profit when there's no SL being set.
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Re: EA_Price_Action

Postby keohosti » Tue Mar 16, 2021 9:03 am

Hello all,

I trade now for 4 years already with the price action. I have tried this advisor and was surprised how good it is. however, I still have a few things endeckt. it would be optimal if one could add these thus can be avoided a blowing up of the account.
- Maximum open orders
- trading days configurable monday,tuesday etc.
- the stop loss thematic is always a difficult thing but I have made very good experience with the price action with the following stop lot. the stop lot should be set above or below the last high and low. you can use the ATR indicator but this must be multiplied by 3 to correctly identify the last high and low.
now comes the most important: it happens that the market makes an unpredictable movement. however, with marginal system the problem is that he gives orders over and over again in the same direction which would blow up to 99% once an account. could one after renewed order (x) a against order in the opposite direction however the multiplication of the lot size takes over ? the stop loss very small keeps and tp only on a minimum pip can apply ? i would call the emergency trade.

if you manage that, then i take my hat off to you. i would pay even for this configuration
thanks a lot
Attachments
Price action. example for saving he loses.pdf
Example for emergency trade
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Re: EA_Price_Action

Postby yolerap » Fri Apr 09, 2021 10:36 pm

Hello,

Is my request nbr 266 still in working ?
Thank you for job
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