Topic: Help needed
Hi Everyone,
I am new to this forum. Can someone formulate this strategy and give me XML file.
Strategy is availabe in the below link
http://www.babypips.com/blogs/pip-my-system/so_youve_finished_the_school_o.html
Thanks
Sujay
- footon
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Re: Help needed
(post deleted)
- tnickel
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Re: Help needed
Hi footon,
it is not exactly the same.
To trade long if the maintrend says long and short if the maintrend says short is not possible with the FSB or?
Or can I realise this if I export an 4H indicator?
I will made a try of this.
thomas
https://monitortool.jimdofree.com/
- footon
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Re: Help needed
You are correct, Thomas!
How do you identify "main trend"?
babypips wrote:
If my 4hr. chart is trending up, then I will only be looking to go long on the 15 minute chart
It's very vague, does it explain it more precisely in the text?
You can export it, but I would use WTF indis, therefore live trading would be possible if strat turns out a winner.
- tnickel
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Re: Help needed
Hi I start a try.
I don´t know if I understand the wide timeframe indicators correctly.
I found this custom indicator for cowabunga in the web. http://www.babypips.com/blogs/pip-my-sy … faq.html#9
thomas
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Strategy name: Generated
Forex Strategy Builder v2.72.0.0
Exported on: 17.09.2012 12:02:56
Description:
(This description might be outdated!)
Market: GBPUSD 15 Minutes
Spread in pips: 20,00
Swap Long in pips: 2,00
Swap Short in pips: -2,00
Commission per lot at opening and closing in pips: 0,00
Slippage in pips: 0
Maximum open lots: 20,00
Entry lots: 1,00
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 19854
Balance: 0 pips (10000,00 USD)
Minimum account: 0 pips (10000,00 USD)
Maximum drawdown: 0 pips (0,00 USD)
Time in position: 0 %
[Strategy Properties]
A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - 1000
Permanent Take Profit - 1000
Break Even - None
[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening Logic Condition]
Stochastics (WTF v4)
The Slow %D changes its direction upward
Smoothing method - Smoothed
Wider Time Frame Reference - 4 Hours
%K period - 10
Fast %D period - 3
Slow %D period - 3
Level - 20
[Opening Logic Condition]
Moving Averages Crossover (WTF v4)
The Fast MA crosses the Slow MA upward
Base price - Close
Wider Time Frame Reference - 4 Hours
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 5
Slow MA period - 10
Fast MA shift - 0
Slow MA shift - 0
Fast MA color - 0
Slow MA color - 1
[Opening Logic Condition]
Stochastics (WTF v4)
The Slow %D rises
Smoothing method - Smoothed
Wider Time Frame Reference - 5 Minutes
%K period - 8
Fast %D period - 6
Slow %D period - 5
Level - 20
[Opening Logic Condition]
RSI
The RSI is higher than the Level line
Smoothing method - Simple
Base price - Close
Smoothing period - 9
Level - 50
Use previous bar value - Yes
[Opening Logic Condition]
RSI
The RSI is higher than the Level line
Smoothing method - Simple
Base price - Close
Smoothing period - 144
Level - 50
Use previous bar value - Yes
[Opening Logic Condition]
MACD Histogram
The MACD histogram rises
Smoothing method - Exponential
Base price - Close
Signal line method - Smoothed
Slow MA period - 26
Fast MA period - 12
Signal line period - 9
Level - 0,0000
Use previous bar value - Yes
[Closing Point of the Position]
Trailing Stop Limit
Exit at the trailing Stop Loss or at the constant Take Profit level
Trailing mode - Trails once a bar
Initial Stop Loss - 530
Take Profit - 115
https://monitortool.jimdofree.com/