Goblin Bipolar EA
January 22, 2009 by hyiperz
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This EA scraps the standard MACD used in 10Point3 for trade signals and instead uses a Jurik RSI based on Jurik MA’s. We’ve found this to be a tremendously more responsive indicator in Predator for getting you in and out of the correct trade direction in the first place. There’s an additional new feature that now restricts trading to go with the daily trend. Loosely translated:
1. If the trend is strongly up, you buy only on the dips.
2. If the trend is ranging/weak downtrend/weak uptrend, you can buy or sell.
3. If the trend is strongly down, you sell only on the rallies.
Settings can be the same thing you’ve used with 10Point3, Terminator or Predator. I’ve found that keeping the TakeProfit/Pips/Stoploss intervals tight can result in more rapid smaller but consistent profits. The enhancements in this EA should go a long way to help avoid trading in the wrong direction and to reduce those huge drawdowns.
Creator of this forex expert advisor : Bluto
Filed under: Expert Advisors
Tagged: ea, expert advisor, expert advisors, goblin, goblin bipolar, goblin ea, goblin expert advisor, goblin expert advisors
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Comments
3 Responses to “Goblin Bipolar EA”
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I really like the goblin! I hope you keep enhancing it. This new version is definitely
an improvement. My pair of choice is EUR/JPY. I do find that I must watch it because at the bottom or top of a
channel, it doesn’t know when to stop placing trades. Keep up the good work!
i’m trying to download but i cant. the icon is that of internet explorer and not as a zip disk, need help, want to experience the good news i’m hearing about this expert
@junior,
try to download using mozilla / opera browser through this download link:
http://hyiperz.com/go/goblin-bipolar-ea.zip