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Originally Posted by kumawat
I am a new to this site and not having good programmeing skills. i need some one to develop EA for this system so we can test it .
It is basically STOP and REVERSE system.
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Buy
4 EMA of close price is higher than 7 EMA of open price
and
RSI 12 is greater than 50
And
MACD (12,26,9) ( Short MA 12 Long MA 26 and signal 9 ) Exponational Moving Average MACD of Short period cross MACD of Long Period.
SELL
4 EMA of close price is lower than 7 EMA of open price
and
RSI 12 is less than 50
And
MACD of short period is lower than MACD Long period
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If you need any more information i will do it
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Can you tell me if you will use a completed bar to trigger the order signal or will you use the current bar. What timeframe is your idea on? Spesific crosses or not? What is both MACD's settings you show only one? Do you look at the signal or the bars of the MACD?
Roets