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Petko Aleksandrov
KeymasterCheers, Andi! Working on it!
Petko Aleksandrov
KeymasterDear Hamselv,
Glad to hear from you again. I have not done so far such a list, and have not learned from such myself.
Simply follow the logic that if you have indicators that are buying low, this is sideways strategy, and if you have indicators that are buying when the line crosses upwards that is trending strategy.
All indicators could be used in Trending and sideways strategies. That is why such a list is nearly impossible to be created. I would never be complete and precise.
Learn to trust the strategy builders, they do all the job.
Kind regards,Petko Aleksandrov
KeymasterHello Hamselv,
Good question over here! Probably something to put in my to do list, and make an update in the course with a video explaining that. I will think about it.Now, it is not really about the indicators we use, but about the conditions for each indicator. Lets take the MACD indicator as example:
If you see in the generator that there is a strategy with the MACD line, and for buy signal we have MACD line rises, this means that we are following the price up, and that is trend-following indicator. Also, such a rule might be MACD line is higher than the Zero line.
If we have for buy signal the rule MACD changes it’s direction upward, this means that the strategy will buy when the price reverses and it is cheap. And these are the type of conditions we need to look for in the sideways indicators in the strategies.
Petko Aleksandrov
KeymasterGood point here Andi!
However Chris, the custom indicators are so useful sometimes, and I really like some I have been using in my courses as well as the FPSM for example.
The trading development is unlimited, so there the trader should always spend time to develop, test and experiment new custom indicator, Experts, strategies etc.Petko Aleksandrov
KeymasterHello Chris,
Make sure it is worthy to do that. I have paid 4-5 times to developers to build me indicators. No results at the end. I learned to use the strategy builders as they find the best combinations of indicators.
Also, you can not rely a strategy on single indicator, you will need to combine it, and it will get harder and harder with the time as you will need to add changes.
The method that Petko shows in most of his courses where he places many EAs in one account and separates those that are profiting currently, made me realize that it is useless and time consuming to look for solutions with custom indicator.
Kind regards,
Petko Aleksandrov
KeymasterI have taken the 19 courses from Petko. It is been hard time to arrange all strategies, needed to buy second machine and monitor, but its worthy. I am second month on profit, and I do believe that it will continue.
Thanks for all shared strategies, expert advisors and trading courses, Petko! I am waiting for the new one.Petko Aleksandrov
KeymasterHaliffa,
you are so kind! Thanks for your words!
I am glad you shared your experience. I am sure this will give enthusiasm to many new traders. Many will realize that we stable education profits are possible.
Petko Aleksandrov
KeymasterWe all hope for that. The bad thing is that they have a lot of money already so they always succeed to go around the rules.
Unfortunately they give the trading bad name…
Petko Aleksandrov
KeymasterHello Chris,
EA Studio works only with the indicators from Meta Trader. That is why it works so fast.
You can import custom indicators in Forex Strategy Builder Pro. The indicators should be in C#.
Petko Aleksandrov
KeymasterHello Edu,
This is because the Monte Carlo runs every time different simulations, but with in the options you have selected. For example, if you run 3 and 2 pass is fine, or 3 out of 5. It really depends on the results you see.
Also, if you have 20 tests, I consider it as a good result if more than 15 pass.
Petko Aleksandrov
KeymasterHey Roman, sure let me know if there is something more with the Historical data. Cheers
Petko Aleksandrov
KeymasterHello Edu,
if you place the updated EA with the same magic number, it should take control over the opened trade, because it will recognize it as its own.Same when you disconnect the Meta Trader, or restart the computer, the EAs recognize after that the opened trades with the magic numbers.
Petko Aleksandrov
KeymasterMy purpose is to make the courses available to everyone, and everyone who is interested to learn should have the opportunity to learn even with less money.
However, I will keep the high quality in the trading courses, and I will continue to provide more useful content.Petko Aleksandrov
KeymasterHello Roman,
actually the FSB pro csv files could be opened in excel. So just try the other way around. Save the files in csv, and try to place them in FSB Pro.
If not working open one sheet of excel from your broker, and one sheet of excel with the file you get when you use the script for FSB Pro.
If there are differences try to eliminate them, and make the same files. Than you should be able to use this Historical data from your broker in FSB Pro.
Petko Aleksandrov
KeymasterCheers, Haliffa!
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