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VPA Strategy
http://www.molanis.com/forum/viewtopic.php?f=3&t=6092		 Page 1 of 1
Author:  mathieutan [ Fri Oct 10, 2014 9:26 am ]
Post subject:  VPA Strategy
Hi all,

I have a strategy using 1hr and 5min charts. Execution of BUY or SELL is done in 5min chart. Attached is MOL file, please kindly help me check if I done it correctly.

BUY Scenario in 1hr and 5min charts

1. [2] volume must be lower than [3] and [4] volume
2. [2] candle bar close must be lower than [3] candle bar close
3. [1] candle bar close must be higher than [2] candle bar high

SELL Scenario in 1hr and 5min charts

1. [2] volume must be lower than [3] and [4] volume
2. [2] candle bar close must be higher than [3] candle bar close
3. [1] candle bar close must be lower than [2] candle bar low

Can this EA be back test in MT4? If yes how would I do it?

Thank you for your time

Attachments:
FX_MTF_V1.mol [31.47 KiB]
Downloaded 815 times
File comment: Sell Scenario
sell.jpg
sell.jpg [ 171.08 KiB | Viewed 7373 times ]
File comment: BUY Scenario
buy.jpg
buy.jpg [ 183.74 KiB | Viewed 7387 times ]
Author:  admin [ Thu Oct 23, 2014 8:11 am ]
Post subject:  Re: VPA Strategy
Review your > and <
For example for volume your 2>3 (you write it like 3<2 which is 2>3)
To test do not build the whole ea and try to test it, build one or two conditions and test them, them join them with another 2 that have been tested. Do one step at a time.
You can backtest in mt4 just make sure you have data for all time frames and that you attach it to the lower time frame. For better multi frame backtesting use mt5. Mt4 is difficult for that.
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