I will go over these details later guys , did not know that I had to gather such precise ones , I have to go for the week -end , we have a family reunion that I am sooo excited about , and I will be back to reality Sunday , in the meantime I thank you both for your efforts , enjoy your week-end and talk to you later
I had this coded by one of my friends , he tried doing it but from the screenshots that I posted , it's not doing what I really wanted it to do , I think that ADXVMA system works better manually unless we add a different filter to it , if you compile it it will work but needs some adjustments , if someone can improve it that would be great !
Thank you for your time guys !
Thanks Max , I am attaching another screenshot you will see where visually I would like it to take the trade and where I would not like it to trade , my friend combined DMI and SMA crossing , as well , but the ADXVMA zones would give more confirmation to the long and the ADX would actually filter consolidation areas , I am not able to continue coding it due to my limited programming knowledge
Looking forward to make this work !
Suomi, what (I believe) Max meant is you need to provide us with exact conditions of entry, exit and stop losses. For these you don't need to be a programmer but you need to put a bit more effort if you expect anyone here to help you.
Try using following example to capture all conditions:
1. Conditions for long entry:
a) ADX above X level
b) Blue DMI above red DMI
2. Conditions for exit from long position
a) ADX below Y level
3. Stop loss
a) 1.5 of ATR below entry position
b) move stop loss after Z happens
4. Conditions for short entry
If you want your strategy to work you must own it and design it yourself. There is lot of people here who would be willing to help you but don't expect all your work will be done for you.
Last edited by gregid; December 1st, 2009 at 06:59 PM.
The following 2 users say Thank You to gregid for this post: