HELP - PLEASE

I have this great Indicator and I would like it to be an EA.

Currently when the lines cross you open a trade in the direction of the movement. Works best for GBP/USD and USD/JPY - M30 timeframe. It is currently an indicator for manual trading but if someone could help I was hoping on the cross the EA could open a pending order (buystop or sellstop) in the direction of the move 12 pips out from the cross. The instead of the audio alert maybe it could send an e-mail. The EA will probably only trade once or twice a month but the profits will be big (usually 200 pips before the next cross) - currently I am doing great with it manually if I see the cross - that is why I want it to be an EA instead of an indicator - so it will trade itself. Lot size will probably need to be an input so this will work for what fits the user’s needs.

Hope someone can help - I think you guys will like this.

Attached Files

CrossedAlertsTrader.mq4 (2.0 KB, 196 views)

any interest???

Seems a very interesting indicator, indeed.
Have you tested in shorter timeframes, like 5 min. charts?... looking good!!!
And for an EA, I think can be more profitable and can trade more often.

I am open to anything that will help us all make pips - I just see big profits manually, but you have to be there to see the cross - an EA will see the cross and make the trade - but your right only one or two trades a month in the M30 time frame - I have not tried lower time frames but will take a look.

Can someone code the EA for testing???

Ok, I'll spend a couple of hours on it; gives me a reason to learn about pending orders, which I haven't used so far....

Here's the first shot... I suppose it needs some tailoring in sl/tp levels etc, because it keeps deleting the pending order. But I thought you might want to have the say in all that.

Please note that I copied and revised the cross detection function from the indicator, and make direct use of MA indicators. Also, the EA still alerts rather than emailing, but that's something to improve on later.

cheers

Attached Files

CrossAlertsTraderEA.mq4 (5.6 KB, 85 views)

Wow - thanks Ralph - I will start testing

should we add a take profit.... or just close the buys on the sell cross and close the sells on the buy cross?


One other observation - it is opening allot of trades - is it opening trades only on the cross or as it moves up - thinking about margin...

Thoughts???