Přejít k obsahu | Přejít k hlavnímu menu | Přejít k vyhledávání

Indicator Angle

2 replies

8 years ago #113724

Hi,

I am hoping someone can help me with the indicator angle function in EA Wizard.

I am wanting to make an order when comparing shift 7 and shift 1 and the angle is past a certain point (45 Degrees for my example).

You can see in my screen shot from MT4 that i wouldn’t want to take a trade at this point as the angle is only 3.5 degrees.

Thank you in advance.

File:

angle example.jpg

File:

EA wizard.jpg

8 years ago #130572

Hi,

it seems to be set correctly as you set it on your screenshot in EA WIzard. Have you tested it in MetaTrader?

Also be aware that its usability very much depends on correct setting of the Coefficient parameter.
The indicator angle that you see on the screen depends on the scale of the chart and timeframe, it is not possible to recognize this all by EA.
The good Coefficient value for all price indicators like EMA, Bollinger Bands, etc. is 0.00005 (0.005 for JPY-based pairs). For indicators like CCI, the best value of Coefficient is around 25-50.

8 years ago #133458

Hi sdstrading

Excuse my ignorance, but I was about to ask the forum how to get the angle to display on the chart as you have done. What is the trick if you don’t mind me asking? What Have I missed?

Thanks in advance

Viewing 2 replies - 1 through 2 (of 2 total)

Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure:
Testimonials appearing on www.strategyquant.com may not be representative of the experience of other clients or customers and is not a guarantee of future performance or success.