Tamil_Forexx
New Member
I propose to create an Expert Advisor based on Stoch 7.1.3.
I myself am not good at programming, so when I came across a suggestion on
your site about possible checks of various trading systems using
Expert Advisors, it made me a little euphoric! Because tried to apply somewhere,
but received evasive refusals. And here the experts take on the implementation of any
ideas, which I saw positive reviews! Now on topic.
As a rule, the stochastic is used to determine the overbought-oversold zones. And, accordingly, it is used in Expert Advisors for crossing extreme levels when leaving these zones.
I am of a different opinion. Those. when the EA enters one of the extreme zones, I believe that it is necessary to sell (when entering the oversold zone) or buy (when entering the overbought zone).
I tried to build a vending machine based on the exp_iCustom_v3 EA. But in this case, there is a large number of false entries that squander the system. This is because the EA uses the opening of orders on the market at the intersection of levels 25 and 75, respectively. I believe that it is necessary to place a stop order when these levels are crossed. This would allow avoiding false entries and, in my opinion, avoiding the operation of the system in flat periods.
Taking into account the above, I propose to create an Expert Advisor that places stop orders when the stochastic enters the overbought-oversold zones.
What would you like to have in the adviser and what criteria to place orders.
Indicator - Stochastic Oscillator with parameters % K = 7, % D = 1, slowdown -3, levels - 25 and 75.
When the stochastic line crosses the 25 or 75 mark, the order should not be placed immediately when it crosses, but after a rollback (i.e., the so-called “Shamu” pattern should form on the stochastic chart). After a rollback at the resulting extremum, a stop order should be placed. How to programmatically implement this is the decision of programming specialists. I only from the point of view of the user figured out for myself how it could be implemented. The first option is to determine the extremum by the completed fractal, the second is to use the indicator signal on the reverse level crossing, but place the order in the opposite direction from the signal. I don't know how the program will see the extremum in this case, but I would not like to place an order on the intersection bar.
What functions, in my opinion, should an expert have:
1. Placement of stop orders - crossing the 25-sellstop mark, crossing the 75-buystop mark
;
2. When one of the orders is triggered, the other must be canceled (it is better to have a disabled function in external variables);
3. While the position is open - do not place orders;
4. Have standard functions - stoploss, take profit, trallingstop and breakeven entry.
(for example, as in exp_iCustom_v3);
5. Have a sound signal for placing an order;
6. Have a sound signal for opening a position;
7. Have the ability to set the distance from the extremum (for pairs with different spreads);
8. Be able to change the levels of intersection (20 and 80, 25 and 75, etc.);
9. Possibility of using on Alpari micro-account (lot 0.01);
10. Timeframes - everything.
Perhaps missed something. There are thoughts on the use of an adviser. If needed,
I myself am not good at programming, so when I came across a suggestion on
your site about possible checks of various trading systems using
Expert Advisors, it made me a little euphoric! Because tried to apply somewhere,
but received evasive refusals. And here the experts take on the implementation of any
ideas, which I saw positive reviews! Now on topic.
As a rule, the stochastic is used to determine the overbought-oversold zones. And, accordingly, it is used in Expert Advisors for crossing extreme levels when leaving these zones.
I am of a different opinion. Those. when the EA enters one of the extreme zones, I believe that it is necessary to sell (when entering the oversold zone) or buy (when entering the overbought zone).
I tried to build a vending machine based on the exp_iCustom_v3 EA. But in this case, there is a large number of false entries that squander the system. This is because the EA uses the opening of orders on the market at the intersection of levels 25 and 75, respectively. I believe that it is necessary to place a stop order when these levels are crossed. This would allow avoiding false entries and, in my opinion, avoiding the operation of the system in flat periods.
Taking into account the above, I propose to create an Expert Advisor that places stop orders when the stochastic enters the overbought-oversold zones.
What would you like to have in the adviser and what criteria to place orders.
Indicator - Stochastic Oscillator with parameters % K = 7, % D = 1, slowdown -3, levels - 25 and 75.
When the stochastic line crosses the 25 or 75 mark, the order should not be placed immediately when it crosses, but after a rollback (i.e., the so-called “Shamu” pattern should form on the stochastic chart). After a rollback at the resulting extremum, a stop order should be placed. How to programmatically implement this is the decision of programming specialists. I only from the point of view of the user figured out for myself how it could be implemented. The first option is to determine the extremum by the completed fractal, the second is to use the indicator signal on the reverse level crossing, but place the order in the opposite direction from the signal. I don't know how the program will see the extremum in this case, but I would not like to place an order on the intersection bar.
What functions, in my opinion, should an expert have:
1. Placement of stop orders - crossing the 25-sellstop mark, crossing the 75-buystop mark
;
2. When one of the orders is triggered, the other must be canceled (it is better to have a disabled function in external variables);
3. While the position is open - do not place orders;
4. Have standard functions - stoploss, take profit, trallingstop and breakeven entry.
(for example, as in exp_iCustom_v3);
5. Have a sound signal for placing an order;
6. Have a sound signal for opening a position;
7. Have the ability to set the distance from the extremum (for pairs with different spreads);
8. Be able to change the levels of intersection (20 and 80, 25 and 75, etc.);
9. Possibility of using on Alpari micro-account (lot 0.01);
10. Timeframes - everything.
Perhaps missed something. There are thoughts on the use of an adviser. If needed,
