sir
greetings,
can you try to initiate MS expert using the following conditions:
ADX +/- line cross must have occurred
SAR must be above/below market price
BUY = IF +Di Line has crossed above the -Di Line AND SAR value (price) is
BELOW market price.
SELL = IF -Di Line has crossed above the +Di Line AND SAR value (price) is
ABOVE market price.
ADX Difference: If there is a value in this feature, the order may not be placed till the +/- lines have reached this distance in relation to the most current cross. Above conditions must still be met for order to be placed, this is just a feature to filter out whipsaws.
Conditions for Trades to be Closed:
SAR value (price) switches sides, indicating a trend reversal.
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Filtering out False Signals:
To ensure that a trade is not initiated on a false signal, the trade initiated
must occur on the next bar (after the bar in which +/- cross occurred
in) Also, the SAR value (price) needs to be congruent to the line that
crossed over on the ADX, if there are conflicting signals between the
ADX and SAR which position to take, no position should be assumed.
This is to minimize losing trades on a trend.
To ensure that a trade is not closed on a false signal, the trade(s)
must be closed on the next bar (after the SAR value has switched sides
indicating a trend reversal) This is to maximize profits. As you can
see how having a T/P mark would limit profits as the trend continues.
It is my experience with the ADX and SAR that as the +/- lines
approach each other, they 'kiss and run away' then may do it again
multiple times in a M15 T/F before actually finally crossing. The SAR
will switch sides back and forth as the market price approaches it,
registering a trend reversal many times when it actually may not
reverse by the time the bar closes. I believe that these things can be
fixed by the solutions described above.
