MQ4 indicators — I have some ideas for Metaquotes indicators I'd like if anyone would volunteer to program them. First, once an hour bar turns into a trigger bar, turn it bright orange like a lightbulb. Once a trigger bar is found, add ...

PipStalker EA

An extra 700 pips if we can solve this issue!! :-) — Mikhailthegreat observed that using a hedge is unnecessary and results in losing an extra 700 pips in broker commissions!!!! ($7000) The reason for this is that one of the two hedges will ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

The latest method — The absolute value of an hour candle's open - close is greater than the trigger value (say 50 for EUR/USD) The price moves away from the close an arbitrary distance (say 40 pips) A long and short are opened at the close of ...

Trigger Bar Method (EURUSD 4,000 pips since 1/20/04)

The latest EA

PipStalker EA

Latest backtest (1/14/04 - 3/7/07) — Things are looking up! Mikhail, I have not been able to fix the double hedge because the backtester won't enter a trade in the middle of the H1 bar when testing on the H1 timeframe.... only at the open. We ...

PipStalker EA

Nice idea Mikhail. That adds an extra $6,000 profit to post #11!!! I'll rewrite it later and post the results....

PipStalker EA

Stacy, I've only tried this with H1 on EURUSD. I really need people to backtest this from 2001-2007, because I've only got M1 data from 2004-2007. I hope this thread takes off!

PipStalker EA

The method — An entry occurs after an hour bar's distance from open to close is greater than the trigger value. For example, the EUR/USD trigger is 50... so a position is opened after every hour candle that is greater than 50. A long and a ...

PipStalker EA

Attached EA is configured for EUR/USD, but external variables let you modify trigger, TP, and SL for other pairs.

PipStalker EA

A Winning EA — EUR/USD 90% modeling quality 07/01/04 - 03/05/07 Settings TP 150, SL 50, Trigger 50

PipStalker EA

nvwine this one appears a little bit stronger than the last one.

PipStalker EA

nvwine this EA holds it ground better in 2006 than the last one.... I'd like to hear backtests about 2003, because I can't see it. Thank you.

PipStalker EA

Sounds good Mikhail.... I don't have the MQ4 syntax down well enough to just crank it out in a few minutes. Peace.

Dion's Pyramid

Mikhail one problem.... You never know when the market reverses.... how do you decide what direction to bet? Are you always going to go long? You will get crushed in correction, losing 100 repeatedly. Do you always go long and short at every level, ...

Dion's Pyramid

You are right it wouldn't help. One thing that would help though is to not enter the market at level 1. The entry would be: Level 0: 1 microlot Level 2: 1 microlot (stopout 100, BE) Level 3: 1 microlot (stopout 100, +100) Level 4: 1 microlot ...

Dion's Pyramid

Is the graph an EA that you've programmed? I'd love to see some backtests of an EA with your idea. Variables would allow you to change level sizes and change lot increments. In other words, level 1 is 1 microlot, level 2 is .9 microlots, level 3 is ...

Dion's Pyramid

Test is on the Euro/Dollar. I'd like to test this on some more pairs.... definitely GBP/USD. I'll need to edit the parameters because it's all hard-coded.

PipStalker EA

Okay Mikhail I think I see what you are doing. Instead of pyramid maximum lots into each trade, you are simply adding a single minilot to every new level. I just noticed in your graph that there are many places where the price reversed 100 pips.... ...

Dion's Pyramid

Sorry Mikail I haven't had time to read your post thoroughly yet.... I just finished an EA that made 200% profit in 19 months with 90% MQ.... Search for "Pipstalker" Give me a few minutes to wrap my head around your idea. Thanks!

Dion's Pyramid