Topic: Indicator Hourly High Low

Hello,
In these strategy i use the indicator hourly High and Low with start time 13 hour. But into the journal (see excel sheet) begin the trade example 7:49. this has to do with the shift ?
other question is when i make an EA and put him into MT4 (and open EA into the screen, EA bottum in on) i thought that he start quickly (when the markert is open), so i have last sunday the EA activated but he do nothing, whats happen?
Who can help me?

Niek

Strategy Properties
Same direction signal Nothing
Opposite direction signal Nothing
Stop Loss 685
Take Profit 450
Break Even 880

Hourly High Low
Enter long at the hourly high
Base price High and Low
Start hour (incl.) 13
Start minutes (incl.) 11
End hour (excl.) 17
End minutes (excl.) 46
Vertical shift 16
Signal shift 0
Indicator symbol Default
Indicator period Default

Awesome Oscillator
AO falls
Smoothing method Smoothed
Base price Open
Slow MA period 137
Fast MA period 161
Level 0.0000
Use previous bar value No
Logical group A
Signal shift 0
Signal repeat 0
Indicator symbol Default
Indicator period Default

Choppiness Index
rises
Smoothing period 6
Level 50
Use previous bar value Yes
Logical group A
Signal shift 0
Signal repeat 0
Indicator symbol Default
Indicator period Default

Momentum MA Oscillator
Oscillator rises
Smoothing method Simple
Signal line method Exponential
Base price Close
Momentum period 10
Signal line period 14
Use previous bar value Yes
Logical group A
Signal shift 0
Signal repeat 0
Indicator symbol Default
Indicator period Default

Trailing Stop Limit
Exit at Trailing Stop Loss or at a constant Take Profit level
Trailing mode New bar
Initial Stop Loss 1466
Take Profit 770

Re: Indicator Hourly High Low

The Hourly High Low indicator doesn't determine your entry time.

It calculates the highest and lowest prices for the given interval 13:11 - 17:46 and sets these as entry levels.
When the price reaches these levels, the strategy may open position if the logical conditions are satisfied.
It seams that the market has reached the entry level at 7:49 of the next day in your case.

Thank you.

Re: Indicator Hourly High Low

I have this EA 5 days on MT4 and he do nothing, can anybody tell me why? On FSB was he working after 3 days.
Niek

Re: Indicator Hourly High Low

Hello Again,

Coming back to my comment that the EA does not work, also in MT4 backtest EA does nothing, there can be looked at?

The strategy trades with the bridge and that give no problems.

Re: Indicator Hourly High Low

Please attach the strategy file to a forum post and we'll inspect it.

Re: Indicator Hourly High Low

Popov,

The strategy is above.

Niek

Re: Indicator Hourly High Low

Fix an issue in the Choppiness Index - Removed white spaces from the beginning of the logical rules texts.

You can update the indicator form the Indicators Repository page in FSB Pro. "Refresh index" before downloading the file in order to force the program to download the updated version.

Re: Indicator Hourly High Low

Sir Popov,

Thank you for the good service

Niek

Re: Indicator Hourly High Low

Hi I am using similar logic for this  but i do not have the trailing stoploss or trailing limit etc..  could you please advise me how can i add that once i have created the ea and another request can we add to close position when in profit in percentage trailing in percentage and stoploss in percentage too from equity .Thanks