Hi i need a simple EA
Jul 30, 2013 at 20:02
1,090 Views
8 Replies
Jul 30, 2013 at 20:02
Hi i need a simple EA.It is very simple:
1) Put a variable to switch timeframes: between 5 min or 15 min or 30 min
2) 2 EMA indicator, the fast one plotted on 4 periods while the slow is on 8 periods.
3) If the fast EMA is above the slow EMA =market order BUY, If the fast EMA is below the slow EMA =market order SELL
4) Profit target (again needs a variable to be set by the user)
5) Stop loss (again needs a variable to be set by the user)
6) LOT (again needs a variable to be set by the user)
Thats all.And thanks in advance if someone would make it for me!
1) Put a variable to switch timeframes: between 5 min or 15 min or 30 min
2) 2 EMA indicator, the fast one plotted on 4 periods while the slow is on 8 periods.
3) If the fast EMA is above the slow EMA =market order BUY, If the fast EMA is below the slow EMA =market order SELL
4) Profit target (again needs a variable to be set by the user)
5) Stop loss (again needs a variable to be set by the user)
6) LOT (again needs a variable to be set by the user)
Thats all.And thanks in advance if someone would make it for me!
It's all about bucks, kid. The rest is conversation...
Member Since Jul 01, 2011
41 posts
Aug 02, 2013 at 11:51
Perhaps X Trader is what you are looking for: https://codebase.mql4.com/8407. However, this EA cannot be profitable without prior optimizing.
Aug 07, 2013 at 13:54
if you desire you can wrote me by email at [email protected]
Follow the momentum
Oct 05, 2013 at 10:36
No, since then i learned to program MQL4 language at very advanced level now, since i had some background in programming.And i did it myself, unfortunately the results were bad.But anyway thanks for help!
It's all about bucks, kid. The rest is conversation...
Member Since Nov 21, 2011
1718 posts
Oct 05, 2013 at 15:48
If trading was just that simple... This idea has been created ages ago.
1) How to improve it?
Backtest... and try to add filters you will avoid loosers trades
This strategy is not suitable for 5 to 30 min timeframes.
1) How to improve it?
Backtest... and try to add filters you will avoid loosers trades
This strategy is not suitable for 5 to 30 min timeframes.
forex_trader_157590
Member Since Oct 21, 2013
1 posts
Oct 22, 2013 at 09:04
skaboy posted:Back testing is crucial, but so is forward testing. Back testing allows you to learn the limitations and problems with automated strategies that would take hundreds of years to learn with just forward testing.
Why does everyone talk backtest when you can run live on a demo account?
All this back testing never did anyone I know any good, except scammers who use it to fool people.
Forward testing only allows you to test the current volatility in the market, when in reality volatility can vary hundreds of percent over time.
For instance during the housing bubble pop, many markets experienced volatility 4 or 5 times normal, that would have destroyed strategies only designed for today's volatility. Or the flash crash, is another example of volatility fluctuation. You're right about the scammers though.
John
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