Coders: willing to implement this idea into an EA?

[lossehelin]

WEll, i have come a cross with a manual trading strategy that has given good results and i think it could become a nice strategy for an EA.

Tremoço, a member from a portuguese forex forum created a template and tweaked 3 indicators to his own parameters:
- FX Sniper´s Ergodic CCI & Tigger

- Stockastic

- Parabolic SAR
probably most of you know what each indicator tells but i will explain a bit the process behind this template.
When Parabolic SAR shows up with the first dot on top of the candle then it is a buy signal.

When Parabolic SAR shows up with the first dot beneath the candle then it is a sel signal.

To check if this isn't a fake signal then the other 2 indicators can help us with that:
When the green line starts to go up on top of the red line then it is a buy signal.
When the red line starts to go down on top of the green line then it is a sell signal.

Here is the image to show how it works:

http://img6.imageshack.us/img6/8792/metodotremoco.jpg

Sinal Compra = Buy signal
Sinal Venda = Sell signal

The M1 TF is the least Accurate and M4 is the most accurate TF.
the bigger the TF, the bigger the take profit should be.
Recommended TF M15 and above on small spread pairs.

Links:
Download Indicators (http://www.mediafire.com/?xrm0tymz1di)

Download Template (http://www.mediafire.com/?mubo9gcfelm)

what do you think about this? can this be turned into an interesting EA?
Feel free to do manual trading with this.

[nelson]

WEll, i have come a cross with a manual trading strategy that has given good results and i think it could become a nice strategy for an EA.

Tremoço, a member from a portuguese forex forum created a template and tweaked 3 indicators to his own parameters:
- FX Sniper´s Ergodic CCI & Tigger

- Stockastic

- Parabolic SAR
probably most of you know what each indicator tells but i will explain a bit the process behind this template.
When Parabolic SAR shows up with the first dot on top of the candle then it is a buy signal.

When Parabolic SAR shows up with the first dot beneath the candle then it is a sel signal.

To check if this isn't a fake signal then the other 2 indicators can help us with that:
When the green line starts to go up on top of the red line then it is a buy signal.
When the red line starts to go down on top of the green line then it is a sell signal.

Here is the image to show how it works:

http://img6.imageshack.us/img6/8792/metodotremoco.jpg

Sinal Compra = Buy signal
Sinal Venda = Sell signal

The M1 TF is the least Accurate and M4 is the most accurate TF.
the bigger the TF, the bigger the take profit should be.
Recommended TF M15 and above on small spread pairs.

Links:
Download Indicators (http://www.mediafire.com/?xrm0tymz1di)

Download Template (http://www.mediafire.com/?mubo9gcfelm)

what do you think about this? can this be turned into an interesting EA?
Feel free to do manual trading with this.
I've got a question regarding the short/sell signal two bars before the buy 0925 16:30 that is not shown. The indicators line up according to the rules, but for some reason the signal is ignored by the fellow who marked up the chart. What rule is missing to filter that bad short trade out?

Also, the marks in the chart are somewhat ideal, as they are placed on a bar after its completion; Parabolic SAR as well as the oscillators have to be "nailed" by a bar close to be usable...

[lossehelin]

Exit rules, TP, SL are needed.

yes they are needed. Tremoço recommend a TP and SL of 15 on M30, and continuously increase those has the TF increases

I've got a question regarding the short/sell signal two bars before the buy 0925 16:30 that is not shown. The indicators line up according to the rules, but for some reason the signal is ignored by the fellow who marked up the chart. What rule is missing to filter that bad short trade out?
Well, i asked the same question too.
He advised to make a decision on a buy/sell order before the third dot appears. In this case, despite the sell signal given by parabolic SAR, in the second dot there was a green line telling the guy that the sell signal could be a potential fake...
At least that is how i interpret it. Off course this is not bullet proof, and SL should always be implemented.
Using this strategy i managed to recover from fapturbo losses...

[alan]

Try posting your system over at this forum:

http://www.forexnirvana.com/forumdisplay.php?f=27

We have a few active EA developers there, plus some more EAs/manual trading systems for you to checkout.

[lossehelin]

ok. will do that. thanks for the tip