Suggestion I will make a Free EA with your Indicator

Bro, I do not think you can have a spread like 0.3 ... I think you are talking about lot size... Spread is what the broker take on putting an order and this value is different on each pair and also when there is volatility... Look in the EA setting for spread value..Maybe I am wrong so could one of the more experience traders help you.

 

Miss tanaka Master so much daily...
I have lost so much money on radar and promised myself to never touch it... But sorry I tested again today... Lol It never worked for me.

 

Leave Radar .. focus on = attached
IMHO you have better control and it is a safer tool to work with.....

 

Am happy to see brotherly love in this forum once again. God bless you all.

 

Do you have good settings for this EA?

 

T

This sets are not perfect yet, but its a good start ... you can play with it a bit on back testing to find better settings

 

Thanks James that you are picking up the ropes a bit.... much appreciated

 

The ignore button is a good tool, it helps you focus on whats important. There is a greater good involve on this thread and individual boasting and look who can piss the highest is not priority

 

thank you bro
what strategy use this ea? how much time should i waiting for opening a position?

 

which strategy? if Pinbar you should talk to Ahmad... https://soehoe.id/my-best-free-robots-martingale-lovers.t17425/page-12

 

hi ademola, could you please share your set file for BSTREND on TF 5m. i will check it

 

it work in demo account?

 

This is a very simple method that is very profitable if converted to EA

In this method, we use from the RSI to find bottoms and tops for trading. Generally, if the first trade" signal" be wrong and closed with a loss so the expert must uses martingale in the next signal from the RSI.

All trades in the any lol "0.01 or 0.02 or 0.04 or .08 or ...." have TP and SL and we only have a single position on any situation.

Explanation for Buy signal

The RSI indicator must touch the 30 level and After touching that level we will wait to close a bullish candle. The bullish candle is as a confirmation for the buy signal and after that, we will enter in the buy trade.

a Sample for buy signal


The explanation for the sell signal

The RSI indicator must touch the 70 level and After touching that level we will wait to close a bearish candle. The bearish candle is as a confirmation for the sell signal and after that, we will enter the sell trade.

Sample for a sell signal



Using of martingale

when the first trade closed with a loss, the expert will wait to appear another signal" it can be a buy signal or sell signal" till entering to the trade with the specified lot.

for example, if we use 0.01 lot to start so the second lot can be 0.02.

if the second trade or signal closed with profit then the Working cycle will reset and we will start with the first lot"0.01 lot" on the next signal.

but if the second trade closed with loss so we will wait for the next signal "third signal" and after NEW SIGNAL enter to the trade with specified lot.

in The Expert Input, we need to enter the volumes manually

lot1: Assumption 0.01
lot2: Assumption 0.02
lot3: Assumption 0.04
lot4: Assumption 0.08
lot5: Assumption 0.15
lot6: Assumption 0.3
lot7: Assumption 0.6
lot8: Assumption 1.2
lot9: Assumption 2.4
lot10: Assumption 4.8


Also, we need to enter the stop loss and take profit for any of the positions based on pips.

for example:

SL: 40 pips

TP: 50 pips

And also we need to enter the indicator period number manually and the default number is 14.


One important note

Question: when a position is open and the expert find a new signal , the expert must close the current position and enter on the new signal?

No.when a position is open and The tp and sl didn't touch yet so all of the signals that found with the expert will be invalid

 

Thank you, I like it very much because it has a very complete Set Template that allow me to add filters.
If some one want to test it like me I can share this new set template that I think is very good for this EA.
If someone test it and find the right TF and pair (including Gold) please send me it by pm.

p.d, these universal set files can be used by others similar EAs with Tanaka set templates too like Zaman's EAs. please test and let me know the good results.

regards

 

Hi James,
Quick questions;
What is the start lots?
Trading days = Signal Period ?
Thanks.

 

Hi, can you share directly mq4 please ?

 

Thanks James226, for the courage of standing up to help.

 

Hi James,
Please see below photo. Where to edit start lots for new revision? Previous version start lots able to change in RED box.

 

Hello James226, thanks for your efforts. I noticed that only the martingale is removed, no input to change the lot size and trading days/time. Please can these be adjusted.
Thanks in advance.

 

yes its open order on demo account