May I offer some EA suggestions.....
Ability to use 1,2 or 3 MA's: 1,2,3
MA1 properties;
TimeFrame = 0;
MA_Period = 34;
MA_Type = "EMA";
MA_Price = PRICE_CLOSE;
MA_Period2 = 34; // applies to DEMA, TEMA, KAMA(fast) only
MA_Period3 = 34; // applies to TEMA, KAMA(slow) only
T3MA_VolumeFactor = 0.8;
JMA_Phase = 0;
SDL_MAType = MODE_EMA;
Step_Period = 4;
arrowcodes, colors, etc...
use MA2 1,0 (yes,no)
MA2properties
use MA3 1,0 (yes,no)
MA3properties
Use cross or signal 1,0 (cross or signal)
Trade in 3rd MA direction only 1,0 <actually kind of useless if you have chosen 3 MAS HUH?
Stoploss fixed ##
use trailing, signal, or both (using both=whichever is hit first)
Trailing stop ##
exit on signal or cross1,0
exitMA # (#of ma to exit on 1,2,3 if exitonsignal =1)
TP1
TP2
TP2Mode (option here would be usetrailing# or 2nd TP level)
Move to BE #(+preakevenpips)
Breakevenpips (number of pips to lock in)
Not much huh? LOL
Here is my ideas. To make it universal you would need to have it allow the oncross or onsignal for both crouds of people. The third MA would be used to stay with the big trend. This could be as simple as one person just using a 34 hull and taking all signals or as complex as three different types of averages with different periods all confirming an entry. The take profits are self explanatory. I think the exit on signal change would be great as a stand alone EA. If you put a 5-10 hull on a chart(depending on timeframe) you could really narrow down the losses. Obviously smaller timeframes the better. I think possibly one additional filter could be used but I dont know what that could be. I personally like sidewinder (top color bar above woodiesCCI in my pic) But I have put up a few others on there and would be open for suggestion. As you can see from todays 15m chart where this 3 MA system would allow you to get in and out and back in again(vertical lines) I KNOW today was a big day but those two trades alone were for
+101
+87
188 pips for ONE DAY with just a thrown together system for posting. But as you can see the ranging at the end of day that would need to be filtered out. Possibly sidewinder, an RSI, a CCI, Volumes.
In the pic I was using the middle average for the signal and the smaller timeframed one would keep us out of some off the ranging as it would disagree with the direction.
Thats it. Those are my ideas for a profitable system based on this indicator. Feedback welcome, and an EA MOST WELCOMED!!!
And thank you coders for all you do. I am working very hard to be a coder but at this point I am just a hack. I think this is a pretty well thought out system with lots of options available for all. It is really all I can contribute to this world of forex, at least for now.
PS
Dont mind all the crap on my chart, it isnt my working one
