OK, you are - sorry for the "we" For now I'm not, but I've never tried it. And Indicator or EA, I will never be a big fan, unless I participate in its developement... orelse there's no fun or pride in it

EMA 25-50 Trading System (Detailed)

You know, when I arrived around here, Effi was long gone... and I'm a big fan of him also. I came to the discussion anyway, because the discussion was heading to similar things I was doing myself... but I too wondered why it didn't evolve to an ...

EMA 25-50 Trading System (Detailed)

I won't be able to help on that... only have (very little) experience in indicators But in the mean time, I'm doing my own experimentations, based on this system... no need to talk about it now, only if I reach some better results, I will post my ...

EMA 25-50 Trading System (Detailed)

I did the reverse: didn't test it on fixed TP/SL, only with ATR I haven't tried a lot, but I now guess it's possible the miscount was due to the gap between real entry point and open of candle. I will later test it with the i+1 version (the one ...

EMA 25-50 Trading System (Detailed)

Can't do it right now, I'm at work without our "tools"... Maybe tonight... but you can do it yourself: Open the Metaeditor, choose the Indicator to open, then scroll down until you find the conditions to go long/short; In both, replace the 60 by 50. ...

EMA 25-50 Trading System (Detailed)

Oh, sorry Corre... I didn't post it when I did it, because I thought you all knew how... as you say, it's an easy modification, only need to change the i of the shift from buffer, in the RSI and MACD (main and signal), to i+1. Here it is:

EMA 25-50 Trading System (Detailed)

The latest version is here: url But after that, we did a little change in the code (not posted), to have the entry signals only at a candle openning (and not in the middle of the candle), in order to make it possible to count past TP/SL... but ...

EMA 25-50 Trading System (Detailed)

forexuser, There's no EA yet... you don't need to read far behind in this thread to find that out. All our efforts have been directed to improve the Indicator.

EMA 25-50 Trading System (Detailed)

Another vote for the same... let it as it is and test it with EA. Maybe then we can compare effects of using RSI/MACD of last candle's close vs current candle. About the original system... it was produced to work on 4H timeframe. And curiously, with ...

EMA 25-50 Trading System (Detailed)

OK... I've tried it, but it gives a lot more black crosses Don't forget this way we are only having entry signals at the open of a new candle, meaning we miss a lot of possible good entry points during the previous candle, not taking ...

EMA 25-50 Trading System (Detailed)

Yes and no... For past data, it won't (and will be accurate with this change); For current candle, it will but it doesn't matter, because the purpose is to take profit or assume loss as soon as the price hits and triggers SL or TP signals. You ...

EMA 25-50 Trading System (Detailed)

You read my mind! I was exactly trying to apply this logic to the code right now, to see the effect on it. But I'm going to now... been working (at my job) all night long

EMA 25-50 Trading System (Detailed)

Yes fireeee, we are aware of that In the curent coding conditions, if a signal comes but the price movement goes against it, it disapears (because conditions for the signal aren't all there anymore, and the candle hasn't close yet). My ...

EMA 25-50 Trading System (Detailed)

But what do you mean exactly by it's repainting? For me, an indicator repaints when it changes past indication as time goes by (meaning, past arrows/numbers/crosses would be changing place in the future). But that's not the case here... that's why I ...

EMA 25-50 Trading System (Detailed)

Corre, I think at the moment it isn't (a quik look at the code should clarify it... haven't got the time now). From what I saw yesterday, I would say: condition 1. - open of the candle below/above EMA; condition 2. and 3. - RSI and MACD at close ...

EMA 25-50 Trading System (Detailed)

svlad, I'm taking a quik look at it now. It seems better (lookings at the count numbers), but still incorrect: For EURUSD starting at 16.07.2008, 14:00 we have 2 trades. First one reached TP3 and second reached TP1; ATR for the first trade was 28 in ...

EMA 25-50 Trading System (Detailed)

ronmatzkin, didn't noticed your post before sending mine. Well, we know the logic behind the indicator from top to bottom, and we trust that it works... my comment was only to alert we can't pip count, as it is now. But you're right, the EA will be ...

EMA 25-50 Trading System (Detailed)

I really haven't got any free time... at least for the next 36 hours (15 to 17h out of home, yesterday and today). Wait for feedback from Corre or ronmatzkin, or somebody else... I will be watching the coments, if possible Which one? This last ...

EMA 25-50 Trading System (Detailed)

Correction: It's a short trade, so what I meant above was: But ATR was 33, so 1,9989 - 33 pips = 1,9956, which doesn’t match with close, neither low of the candle… The low at the moment was 1,9969... So I think once the entry signal is given (even ...

EMA 25-50 Trading System (Detailed)