YD CatchTheTrend
This semi-automatic trading system. Advisors for trading on this indicator in the comments attached (not work without the presence of the indicator).
Indicator YD CatchTheTrend is based on the breakdown of the trend line of micro-thus finds reversals prices, emergence of new waves.
An indicator:
- Bars_To_Count - the number of bars for the calculation
- Max_bars_distance - the number of bars after the last settlement candles (the one end of the trend line)
- Max_points_distance - maximum allowable distance from the nearest points of maximum / minimum to entry points
- Min_cross_distance - the minimum permissible distance from the trend line to the closing price of the candle signal
- no_ticks - rascchityvat indicator reading every tick (on output = true)
- up_plus_points - distance from the candle to the arrow
- down_plus_points - distance from the candle to the arrow
- Lines_color_up - the color of the trend line
- Lines_color_down - the color of the trend line
- Line_style - line style
- use_alert - notification of a new signal
One use (first animation):
- adviser YD CatchTheTrend Open installed on EURUSD H4, it defines the beginning of a trend, and opens the first order.
- Same YD CatchTheTrend Open installed on EURUSD M15. Depending on the direction of the older trend (EURUSD H4) allow live trading only in the same direction.
- adviser YD CatchTheTrend Close installed on EURUSD H1. This EA closes all transactions on the reverse signal formed within this timeframe.
It happens that the underlying trend has changed, but in the H1 has not been to close the signal. In this case, you can install Advisor YD CatchTheTrend Close on EURUSD H4 and parameters to specify which of the transaction closing. Just happens that after the onset of the signal and the opening of the transaction on the H4, the price is in the negative, and punches the closest minimum / maximum. In this case, we assume that the trend has changed again, and open the manual transaction. To advisers picked up a deal, open hand, one has to Magic = 0.
Another use embodiment (second animation):
- adviser YD CatchTheTrend Open installed on EURUSD H4, it defines the beginning of a trend, and opens the first order.
- Same YD CatchTheTrend Open installed on EURUSD M15. Depending on the direction of the older trend (EURUSD H4) allow live trading only in the same direction. All trades are closed by hand or on the H4 EURUSD reassignment of senior adviser to set the trend YD CatchTheTrend Close and the parameters specified which transactions must be closed when changing trend. So you can get a 10% return on the same wavelength. To advisers picked up a deal, open hand, one has to Magic = 0.
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