hi guys,
This is my 2nd post. Need help on an idea on an exisiting indicator to be written as an EA.
gbpusd m5 td trendline.gif
As you can see the below shown on a 5min chart the first one is gmpusd m5.
If you notice the 2 trendlines one acting as resistance highlighted as light blue and the other acting as support highlighted as orange.
But if you notice the price action has exited the triangle and pass through the support line trending down. The 2 dotted light blue and and orange is an estimated breakout on how far the pa would travel after it had break out.
Now my idea is can someone lead me to write in within the code to do a buy stop and sell stop 5 pips above each support and resistance line within the triangle so that if price breaks in either way my order would taken and the other order would be cancelled. The dotted line is the estimated profit
eurgbp m15 100 pips.gif
The above is another custom EA which calculates on previous bar to indicate roughly which trend it might be going. But the problem is it always buy or sell the other way. I would appreciate if someone could guide to alter the code so that it will buy or sell the other way of the existing code.
my apology for not updating the attached files
This is my 2nd post. Need help on an idea on an exisiting indicator to be written as an EA.
gbpusd m5 td trendline.gif
As you can see the below shown on a 5min chart the first one is gmpusd m5.
If you notice the 2 trendlines one acting as resistance highlighted as light blue and the other acting as support highlighted as orange.
But if you notice the price action has exited the triangle and pass through the support line trending down. The 2 dotted light blue and and orange is an estimated breakout on how far the pa would travel after it had break out.
Now my idea is can someone lead me to write in within the code to do a buy stop and sell stop 5 pips above each support and resistance line within the triangle so that if price breaks in either way my order would taken and the other order would be cancelled. The dotted line is the estimated profit
eurgbp m15 100 pips.gif
The above is another custom EA which calculates on previous bar to indicate roughly which trend it might be going. But the problem is it always buy or sell the other way. I would appreciate if someone could guide to alter the code so that it will buy or sell the other way of the existing code.
my apology for not updating the attached files
Attached Images
Attached File(s)
100 pips a day.mq4
4 KB
|
240 downloads
100 pips a day.ex4
6 KB
|
215 downloads
neilbelle_BainTDTL.mq4
22 KB
|
237 downloads
neilbelle_BainTDTL.ex4
28 KB
|
229 downloads
Forex Price Action Hacked - Price Action Rockstar