Disliked{quote} The indicator shows candles with two colors simultaneously. It would be better to resolve indicator DSP candles.Ignored
MT4 candle-by-candle manual backtesting 9 replies
How to make EA that send Open Price of Candle for every new candle 5 replies
Day's first H4 candle correlation to daily candle 14 replies
Correlation between first 4 hour candle and daily candle 1 reply
DSP and nonlinear math 0 replies
Disliked{quote} No, SL=TP= Body candle lenght As this system works on any timeframe, IMHO we should condider something that works on any timeframe i.e. 10 pips on a daily chart is not a good TP nor SLIgnored
DislikedPassword thanks for bringing us this thread. Here is the EA i wrote for the system based on the rules in post #1. It is locked so only runs on demo accounts and only until the end of January. Please don't ask questions on how to load it and use it, use Google! It is set by default not to trade but to act as an indicator so finds last DSP candle and draws lines for you and the 24hr history box based on NumBars. It doesn't use any indicators all calculations are done internally. The settings are outlined below: SignalOnly=true; //Stops trading and...Ignored
DislikedBuilt an EA over the last weekend and checked the EURUSD from 2011 on. Based on the original rules the strategy ist NOT PROFITABLE, but I still think that the idea itself is good so that some work on the RM/MM rules and filters from higher timeframes, checking resistance and support levels e.g. might result in a good one. Anyone who is interested in discussion about that can reach me on Skype.Ignored
DislikedBuilt an EA over the last weekend and checked the EURUSD from 2011 on. Based on the original rules the strategy ist NOT PROFITABLE, but I still think that the idea itself is good so that some work on the RM/MM rules and filters from higher timeframes, checking resistance and support levels e.g. might result in a good one. Anyone who is interested in discussion about that can reach me on Skype.Ignored