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Originally Posted by ANCOLL
I guess making an EA is not an easy task, great logic is needed.
I dont see many people reply to give their recomended line in compiler, then I got that conclusion.
I will start myself to learn more about making EA,
duhh.. it's really confusing at this moment  |
ANCOLL,
I would like to continue the EA development but we should get the LOGIC part done first. Let me start off something here.
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OLD Trading Logic
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S1) Check current price in channel (in between buy and sell area)
S2) Open BuyStops and SellStops.
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NEW Trading Logic
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***** Singals ****
S1) Check time to be traded.
S2) Connect to some websites like (forexfactory), download news timing.
S3) Check whether is there any current orders. If have, ensure not more than Max Orders.
Recommend Max Orders? 1? How many orders per day?
S4) Check current price in channel (in between buy and sell area)
S5) If price move up to buy/sell area, check GMACD, if both true, open orders
**** Functions ****
F1) TakeProfit
F2) TrailingStop
F3) MoneyManagement
The Major change from the Old Dolly2 EA to the recommended NEW Dolly2EA would be opening instant orders instead of putting STOP Orders.
I am generating comments for my recommendations.