Slope System EA
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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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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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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 05:22 PM. |
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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 03:54 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 06:55 PM. |
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