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Old 11-25-2008, 05:02 PM
celticheart celticheart is offline
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request custom ea

Hi, everyone...

this is my first post and I'm not sure if this is the right place or not, so if not, please let me know!

I have a system that works pretty well for me on the AUD/JPY on the 1-minute chart (nets 200-300 pips a day). Would love to find an ea for it! I can't always watch the screen so I miss signals sometimes.

Very simple system...

Indicators:

100 LWMA (linear weighted) applied to close
3 SMA (smoothed) applied to high
3 SMA (smoothed) applied to low

When the 3 SMA applied to the high crosses down thru the 100 LWMA, Sell
When the 3 SMA applied to the low crosses up thru the 100 LWMA, Buy

You are always in a trade with this, I would like an ea that closes and reverses the position at every signal. Also manual lot size, and it would be great if I could stipulate the time of day that it runs. Since I trade manually I only trade from 8am EST to maybe 11pm EST, and not sure if it would be better to run it 24/7 or just during the day (in other words, not sure how it does with Asian session, etc). Also options for stop loss and break even. I don't actually set an initial stop loss but do usually set a stop to break even after a gain of 30 pips or so.

I actually have been using a different MA than the 100 LWMA but have found the 100 LWMA to be extremely close to the one I use. I use the xpma indicator, with a 28 period DEMA (MA_Type 4 on the indicator, attached). Really not sure which MA is better, they seem to be very close, so I figure it would be easier to make an EA with the more "normal" MA, which is the 100 LWMA.

thanks!
Attached Files
File Type: mq4 xpMA.mq4 (10.2 KB, 46 views)
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