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MetaTrader 4
MQ4 Code Works
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[QUOTE="TradeChaser, post: 210690, member: 66787"] When it comes to this data that MT4 spits back to you, I understand it is a summation of sorts, among other algorithms you have created. Do you count up your Limes and your Magenta's as simply 1's and -1's? I was thinking of making a script that counted everything, but what threw me was how do you had a Lime 2 Alma to a Lime 7 PSAR? neither are quite past their average. My gut is telling me to do the following: If a signal is stale (past average), it is 0. If a signal is lime, it is 1 If a signal is magenta, it is -1. I suppose if you got a buy signal on the 240, perhaps the counts are negative, so now is not the time. The same buy signal on the M15, the sum (if the short term is bullish) could outweigh the overall sum and make way for a smaller trade. Just so you don't think you're talking to a wall, I assure you are making good sense, and I am picking up a lot. What I have learned: - the actual signal is immaterial, and that is because there is more at play than the single time frame and single indicator that creates a signal. - you can make your trading life a lot easer thru common sense (do you really want to be selling if AO is above 0?). What I need to learn, and I understand is likely well beyond anything you want to share - [B][I]what do I ask the computer to tell me. [/I][/B] [/QUOTE]
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