40 - 100 pips a day MT4 EA

I have been using 15 min charts and yes ive read the back log of stuff on the forum.,
I figured it had something to do with the quotes being delayed but then again if he was using a 1 minute chart or a 5 and i was using a 15 then that would change it also.

Yeah for sure that would make a difference.

Which chart time is the best to use?

I use 15 mins as per the system.

How about implementing a simple EMA pair on a longer timeframe (1H maybe?) to set your trend, and you only trade in the direction it says?

updated version attached.

whats new in the update?

yea, I was trying to look for differences, but I didn’t see any.

rules for spotting IBs have changed… it should find a lot more IBs now.
the IB indicator arrow now appears underneath the candle instead of overlapping it. It also plays a sound when an IB appears.
Rules for closing an open trade have also changed slightly.

Hi,
I attached the EA on Friday and all was quiet of course… until now! I’ve got it attached to 9 charts and my laptop has turned into a slot machine with all the alerts sounding off :eek:
I tried commenting out the playsound line and recompiling but that didn’t seem to work…so I had to mute my speaker and hopefully you can help me turn off the alert sounds.
Thanks :slight_smile:

Turning off the sound kind of negates the whole purpose of the ea. What I’ve done is make a number of copies for each pair I am following. Within each copy I set a different sound.

It’s a hokie work around but it’s not too bad for now untill Darez can respond.

I can appreciate the purpose of the alert, however, they seem to be going off a little more than they should…I mean I’m getting successive alerts going off one right after the other…I wasn’t exagertating about it sounding like the slots as it seems a bit excessive.

While I havn’t done programming in this language, I do know others so while I’m learning this one, I wondered if the sounds are triggered during the formation of the candle as it goes up or down before finishing?

The different sounds for diifferent charts is a good idea.

I also got too many alerts, so I commented it out.

also how does this EA calculates stoploss and target and what does that blue line mean appearing on a chart?

there is a potential issue that can cause that repeated alerting, but I thought I had fixed it. I guess not. Anyway, as soon as my broker opens up I can diagnose the problem and upload the fixed version.

ok, fixed the sound now.

Thanks for the fix :slight_smile:

Just a question bout the fabs and sarRec functions…I get a warning that they are not referenced and are removed…why are they there?

I was using them earlier, you can remove them if you like.

Also what does that blue line means appearing on a chart? Is it stoploss?

I think the blue line is the take profit level and the red is the stop loss.

Darez I posted to James for some clarification on some things but so far no response.

I do have some questions for you however so if you have some time today please pop me a message.

Thanks

I attached a screenshot to clear things out. Does that blue line mean take profit level?