EA for MA cross with take profit levels - Page 2

cgldsmth · #11 (**permalink**) 03-04-2007, 08:07 PM

nice work, I've been using the 5ema open/close cross manually for a while and works nicely. this EA looks very well programmed.

ryanklefas · #12 (**permalink**) 03-09-2007, 05:59 AM

I fixed a problem with the trading logic. I got the open and close MAs confused. (Some of the old backtests I did had surprisingly good results, considering that it was technically a "counter-trend" system) I've corrected the problem and have included a preset file that gave me decent backtest on the GBPUSD m15 chart.

keymaker · #13 (**permalink**) 10-05-2007, 09:48 AM

the fixed version opens orders in the opposite direction of the actual cross!

while the older version opens in the correct direction of the cross....

see

http://img172.imageshack.us/img172/8220/56882770jp4.png

--How does the anchor settings work?

I use 5 EMA & 70 EMA so what settings should I put for the anchor?

I like to Request a feature of opening up lots depending on what you want to risk (MM) e.g 5%

Mini Account: yes or no....

Thanks

-----Take profits levels don't seem to be taking profits it just keeps on going with the same lots until a cross again to stop it out or reverse??

merrittb · #14 (**permalink**) 03-27-2008, 02:16 PM

Could you please go into a bit of detail about these "anchors"? I can't figure out how they work at all.

Thanks!

-Merritt

golanbd · #15 (**permalink**) 02-06-2009, 11:08 AM

Quote:

Originally Posted by ryanklefas

i've made a number of additions to the ea since my last post:

1) improved the profit targets; you can now input different lot sizes per target
2) added a breakeven feature
3) added the ability to change the mode of the moving average: 0 simple moving average, 1 exponential moving average, 2 smoothed moving average, 3 linear weighted moving average.
4) the ea now enters a trade on a new candle, not immediately
5) added an option to have the ea close its orders when the mas cross again or when trend is over (allowclosing)
6) added "anchors" to help the ea decide when the prices are ranging, so as to prevent losses. The anchor values are the shift periods that the ea will look to to decide if the market has been previously trending and whether or not to enter.

The post contains the latest ea, along with its source. Don't be shy guys! Post and tell me what you think!

i dont understand how to use it with two ma, 80 ema and 10 ema;
that it open trade if tha ma cross the other ma, and to put filter?
Thank you.