Requests and Raw Ideas

I used it today and not a problem. Invalid stop is too small stop loss ...

Originally Posted by newdigital

I used it today and not a problem. Invalid stop is too small stop loss ...

So, how to change if 0.0 stop loss is never mind and no error appear?

I change stop loss to 50 pips but still error? and if it still error how minimum of stop loss should I set?

As I understand - stop loss and take profit on this script - in point. For example:

takeprofit = 500 (means - 50 pips)
stoploss = 5000 (this is 500 pips) - in case of 5 digit broker (Alpari for example).

So, if I change takeprofit to 30 (3 pips) - I will get an error (because it is less than minimum accepted by the broker).

If we set stop loss, take profit and lot size in normal way - this script works:

I used take profit 50 (this is 5 pips) and lot size 0.1 today and it works. But it depends on the broker (the broker is estimating the minimum stop loss/takeprofit).

Hi guys, I am looking for an EA that will trade the T3 moving averages on mt4. Once I have that, I will show you all a system that has the potential to make a fairly large number of pips during the London Open and the New York Open.
Thanking you in anticipation of a fruitful experience. Here is something that most people would not be aware of as a method of calculating the stop loss and take profit. Lets assume that we are trading a long position on the gbpjpy.We enter at 174.00. Now the stop loss is calculated like this. We want 0.42% of the entry price =.7308. So our stop loss is set at 174.0 minus 73.08 rounded out to 173.27.Likewise the take profit is calculated the same way. We use 0.55% as our settings, so take profit would be 174.00 * 0.55% =174. 95. Now these figures were used on another pair, so this is only an example. All pairs will have different tp and sl % when I finish with the backtesting, I will let you know the settings. In the mean time, the T3's are 5 and 8, put them on the pairs along with the all averages crosses and see for yourself the pips that are there around the Frankfurt Opening to a couple of hours after the New York Open. The EA needs to use the Wilder moving average for its calculation, not the T3. Same settings, 5 and 8, just the Wilder moving Average.

Originally Posted by pellingrini45

Hi guys, I am looking for an EA that will trade the T3 moving averages on mt4. Once I have that, I will show you all a system that has the potential to make a fairly large number of pips during the London Open and the New York Open.
Thanking you in anticipation of a fruitful experience. Here is something that most people would not be aware of as a method of calculating the stop loss and take profit. Lets assume that we are trading a long position on the gbpjpy.We enter at 174.00. Now the stop loss is calculated like this. We want 0.42% of the entry price =.7308. So our stop loss is set at 174.0 minus 73.08 rounded out to 173.27.Likewise the take profit is calculated the same way. We use 0.55% as our settings, so take profit would be 174.00 * 0.55% =174. 95. Now these figures were used on another pair, so this is only an example. All pairs will have different tp and sl % when I finish with the backtesting, I will let you know the settings. In the mean time, the T3's are 5 and 8, put them on the pairs along with the all averages crosses and see for yourself the pips that are there around the Frankfurt Opening to a couple of hours after the New York Open. The EA needs to use the Wilder moving average for its calculation, not the T3. Same settings, 5 and 8, just the Wilder moving Average.

Hi pellingrini45,

Please take a look at this post with the new AllAveragesCrossoverTrader_v1.0 600+.

Regards,
Igor

Please need help to fix this indicator support resistance because it is no longer support with MT4 Build 745. Thank you,,SupportResistance.mq4

Hi himsly,

I just installed this indicator to MT4 (build 745) and it works:

Compile it with MT4 build 745, though it has several warning but it still can work when attach it to chart.

OK thanks Newdigital & Matfx, solved by reinstall my mt4 platform

Hello, ND and Igorad can you help me to add filter to this indicator in order to eliminate false signal and increase the accuracy? Greatly appreciated. Thank you

Arrow indicator I got this indicator from someone.

#Arrow FX Indicator.ex4