Create and Test Forex Strategies
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eas-guide:indicators [2018/01/25 13:43] – yavor | eas-guide:indicators [2019/07/25 04:00] – Miroslav Popov | ||
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- | EA Studio comes with a set indicators. The same indicators are used in MetaTrader. This guarantees compatibility between EA Studio' | + | EA Studio comes with a set of indicators. The same indicators are used in MetaTrader. This guarantees compatibility between EA Studio' |
- | In the strategies Indicators can be used as Entry rules and Exit rules. Therefore there are two columns in the interface. The toggle button above each column allows you to enable/ | + | In the strategies, Indicators can be used as Entry rules and Exit rules. Therefore there are two columns in the interface |
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+ | ===== Recommended Indicators ===== | ||
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+ | The " | ||
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+ | Here are the notes of why some indicators are not recommended: | ||
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+ | * " | ||
+ | * "Bears Power" and "Bulls Power" are not completely symmetrical for long and for short positions. They also use only the Exponential Moving Average in MetaTrader. | ||
+ | * " | ||
+ | * "Entry Time" and "Exit Time" indicators determine entry and exit time intervals. The Generator may choose intervals that are not very suitable for our market. These indicators are best for use as " | ||
+ | * "Long or Short" makes the strategy trading in one direction only. It may be good for experiments or for some stock markets but is suitable for every case because we want symmetrical strategies in the general case. | ||
+ | * " | ||
+ | * "On Balance Volume" | ||
+ | * "Do not Exit" - obviously we want our strategies to use indicators for an exit. The indicator is useful if we are sure we want to exit only at Stop loss or at Take Profit. | ||
~~DISQUS~~ | ~~DISQUS~~ |