Slope System EA
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Old 02-16-2008, 03:12 PM
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Default Slope System EA

Hi guys,
I'd like to make an EA based on the Slope Direction Line indicator.
Very simple: at color change of SDL (red --> blue) : buy at beginning of the following candle
at following change color (blue --> red) : buy close at beginning of the following candle then sell
at following change color (red --> blue) : sell close at beginning of the following candle then buy
etc... etc...
No SL , no TP.
In manual, it's a profitable system but it's better automatically
The system have to work on any TF and its own SDL settings.
In the pic, the SDL settings are 40.3.0 on M30 TF.
Thanks.
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File Type: mq4 Slope Direction Line RR.mq4 (4.1 KB, 194 views)
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Old 02-16-2008, 04:35 PM
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How do u know its a profitable system in manual? Have u been forward testing? If yes, show us some proof that it worked. Also, what about repainting, does the indicator repaints? Have not had a look at it but I guess it does.
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Old 02-16-2008, 05:17 PM
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I have tested this system for 15 days.
I don't have statistics but daily, there are about 3 trades with more 20 pips and 2 trades slightly negative (ranging ) on 15 mn TF. It's difficult to stay in front of the screen during several hours.
If the order is entered at the beginning of the following candle for confirmation, there is no repainting problem.

Last edited by madscalp : 02-16-2008 at 06:22 PM.
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Old 02-19-2008, 07:54 AM
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Can somebody code that?
Thanks.
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Old 02-25-2008, 07:10 AM
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Hi madscalp I too would like to see Slope put into an EA. I have used it for sometime also and have found it not to repaint. I always use the open of the next candle after color change. However i use 55-3-0 for my settings on the H1. Lets hope we can get some help on writing this EA.

Last edited by skybiz007 : 02-25-2008 at 04:54 PM.
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Old 02-25-2008, 07:53 PM
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There is nobody to do that
It is however a safe system since a trade closes the previous.
Of course, there are a few trades a little loser but when the trend is strong it's very advantageous.
About settings, it's possible to set up personally.

A coder, please, help

Last edited by madscalp : 02-25-2008 at 07:55 PM.
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Old 04-16-2008, 08:16 AM
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A simple ea using this Slope Direction Line
enjoy it!
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Old 04-19-2008, 01:37 PM
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Thanks
I 'll try vey soon.
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Old 04-23-2008, 11:08 AM
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Really very fun
I blew up my (demo) account in one hour.
After signal, this EA is launching orders every second as a weapon
Maybe bad settings .....
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Old 04-27-2008, 03:19 PM
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all trend catch system will lose money in non-trend market
must add filter , i didn't find any indicator can identified trend
so be it
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