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Thread: Idea for 121 EA

  1. #11
    Senior Member
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    Norfolk (pining for the moors)
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    Hi Jos,
    How about a multi-time frame 121 indicator that alerts when 121 pattern appears on other TFs, without the need to constantly monitor other TFs?

    Regards,


    Mike

  2. #12
    Senior Member
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    Sweet idea Mike/blott

    I would also like to incorporate more "wave trader" patterns from Bryce Gilmore

  3. #13
    Member
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    How's it coming along?

  4. #14
    Senior Member
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    Nov 2011
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    EA Update

    Here is where I am up to with the ea, it enters at D and stoploss and take profit is at B and C pending the direction of the trade.

    Still needs alot of work as I'm getting mixed results in backtesting.

    You need to attach the indicator to backtesting chart for the ea to work.


    And please use at your own risk.
    Last edited by jtrader; 03-10-2012 at 04:44 AM.
    chaoman likes this.

  5. #15
    Senior Member
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    Jos- i favor the one2one patterns just like you, but why make it into a EA? I wouldn"t make the basic harmonic patterns into a auto EA _ You know the markets are Dynamic

  6. #16
    Senior Member
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    Nov 2011
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    161
    I agree, I just wanted to challenge myself to build a profitable ea, I was nailing 121's all through january and I thought maybe I could make it into an ea, my passion for this project has faded. I may come back to it when I have more spare time.

  7. #17
    Junior Member
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    Oct 2011
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    Hey Joswald, not how easy it would be but confrmation of supporting structures would be cool for this for example 261.8 of a double top or bottom coming within a certain deviation of of the completion point - ken chows stuff on supporting structure would be a good read for this.

    eg


  8. #18
    Wizard
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    Think about 121 as running correction ONLY and you will get much better results in the EA.

  9. #19
    Member
    Join Date
    Jan 2012
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    88
    Quote Originally Posted by joswald View Post
    Here is where I am up to with the ea, it enters at D and stoploss and take profit is at B and C pending the direction of the trade.

    Still needs alot of work as I'm getting mixed results in backtesting.

    You need to attach the indicator to backtesting chart for the ea to work.

    Attachment 326
    Attachment 327

    And please use at your own risk.
    Thanks, will play with it

  10. #20
    Junior Member
    Join Date
    Feb 2012
    Posts
    5
    Hi do both these go in the experts
    ABCDslim.mq4
    one2one_John_EA.mq4

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