Comments on: Trendline Trader

By: aparsai

aparsai — Thu, 10 Sep 2009 19:57:13 +0000

Thanks for your positive comment. This is actually a very good suggestion. I’ll try to make it happen.

Thanks

By: Paul Birkbeck

Paul Birkbeck — Wed, 09 Sep 2009 02:20:05 +0000

Many thanks for all the indicators and EA’s you make available. I am trying out your Trendline EA in a new strategy and it is working well. Have you looked at an EA where price breaking a trendline closes a trade.

Regards

Paul

By: aparsai

aparsai — Fri, 22 May 2009 05:11:06 +0000

Working with tick data is a bit tricky. The odds that you get disconnected from the brokers server every now and again is high and therefore you can rely on the analysis of tick data. However, it is possible to store and analyze such data.

By: aparsai

aparsai — Fri, 22 May 2009 05:09:29 +0000

Thanks for your positive feedback.

By: Hernan

Hernan — Thu, 21 May 2009 03:58:56 +0000

I have been studing trend lines for 2 years in majors crosses. I believe more in semiautomatic than automatic strategies. I founded 2 ways: 1) entry signals combined trend lines with stochastic 5-3-3 in 15 minutes time frame. This strategy needs to define the direction in 1 hour candles (bollinger bands combined with rsi 9 gives good bullish or bearish periods). 2)entry signals when price touch the trend line (15 minutes and 1 hour) with many rules to draw them without being subjective, plus volatility filters, plus money management. I am interested in making a couple of modification to the trend line EA you designed so I am open to share my experience related to trend lines.

Trend lines as dinamic support/resistence, makes rebounds that you can catch it without too much risk (73% of the trades gives my statistics), but the key is on money management rules and it is quite difficult to optimize manualy. I am looking for a way to make optimization based on ticks, I can specify the exact time and price of the entry signal in order to backtest the strategy, but i need a soft that tell me where and when to move stops. Maybe somebody knows how to do it.

Regards,

By: dgrs

dgrs — Sun, 17 May 2009 10:48:39 +0000

Thanks for a great blog – your generosity in providing so many great indis and EAs and your MQL course.

I trade trend lines/channels drawn from different timeframes. Where I get intersecting points is of particular interest to me. I look to price action to tell me whether a TL will hold or break rather than aiming to enter on a perfect touch.

All the best,

Dave

By: aparsai

aparsai — Fri, 01 May 2009 16:02:44 +0000

There is no expiration attached to the EA. Maybe your platform is an older version. Please visit http://www.forexbrace.com/4xbrace/wordpress/?p=126. It could help you solve the problem.

By: francisco

francisco — Wed, 29 Apr 2009 20:03:56 +0000

I have had a hard time getting the one I downloaded to work. Does it have an expiration? Do you have another version? Maybe it does not work on my version of MT4. I use Varengold Bank FX mt4.

By: aparsai

aparsai — Sun, 26 Apr 2009 04:12:14 +0000

The short answer is yes but the truth is that since the definition of trendline is very subjective the implementation of such indicator is not easy. It seems such indicator has been developed by others. I however, do not know anything available right away.

I have developed many indicators to locate candle formations. Visit http://www.forexbrace.com/cont.....y/4/30/78/ to download your copy.

By: Gert van Bruggen

Gert van Bruggen — Fri, 24 Apr 2009 21:08:56 +0000

oke my name is Gert

i have a question i would like to know if it is possible to make an Indicator who is capable of drawing trendlines and also is capable of regonising some type of Candle formation

Greets

Gert