Not logged in
Viewing 5 posts - 1 through 5 (of 5 total)

Forums>AlgoWizard / EA Wizard>General Discussion>BEFORE i buy it, can EA do it

  • #233283 |
    Participant
    3 Posts

    i just ask some question before i buy it

    1] can i make ea base on 3_Level_ZZ_Semafor indicator https://www.mql5.com/en/code/7730

    i know zigzag repaint, can EA WIZARD trade with this indicator.

    so there is 123, can i open customize position for each signal. say 1 for 10 pips, 23 for 20 30 pips.

    2] according SIMPLE TRADING SYSTEMS USING SEMAPHORE INDICATORS https://www.mql5.com/en/articles/358

    they open position next bar, so can EA WIZARD open “on bar”  just open “ONCE” when signal show up.

    3] since zz repaint so can EA WIZARD used “MTF” 3_Level_ZZ_Semafor  filter out noise, say 1H no.1 && 1M no.3   for 10 pips .

    1H no.1 && 1M no.3 for 20 pips….

    #233294
    tomas262
    Administrator
    1826 Posts

    Hello,

    the indicator you mentioned (semafor) suffers from the same “issue” as zigzag. It can provide signals that are later repainted. This type of indicators cannot provide any useful value since signals won’t be reliable at all

    #233358
    Participant
    3 Posts

    yes it zz, it repaint.

    but can EA open position when there is signal when next new bar/open where higher/lower the last bar LL/HH. where zz still stay at last LL/HH.

    #233371
    Conmariin
    Customer
    116 Posts

    The import of this indi into EA Wizard works. So you can use it. But as Tomas said, this indi is complete useless because it’s repainting. It looks only nice…that’s all. And you can’t correct repainting afterwards in EA Wizard. That doesn’t work.

    Automatisches Handeln mit Expert Advisor
    https://www.rabenesche.de

    #233374
    Participant
    3 Posts

    to reduce fake signal, i add filter. macd/ma

    so zz + filter, i manualy used filter for trend/market condition + zz to enter market.

    i am greedy, when i know the market condition. i just need the best time to open my position.

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic.