EA required for New good setup -
I've traded this maually on micro mini with good results for a week(around 10-15$ perday).

Rules - 1. Traded only on a 1 MINUTE chart, TP=10 no SL.
2. Lot mgmt - Type Martingale(Max reached is 4X as per experience)
3. Buy/Sell - When signalled by indicator AND difference between price and orderprice >10pips (for previouly opened position)
4. reverse signal - Close only when difference between price and orderprice >10pips.
5. 3-4 would filter out quick whipsaws on the chart.
6. Generates 10-15$ a day on a micro mini lot

****************INDICATOR************************* *
//+------------------------------------------------------------------+
//| DiffMA.mq4 |
//| Copyright © 2005, MetaQuotes Software Corp. |
//| http://www.metaquotes.net |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2005, MetaQuotes Software Corp."
#property link "http://www.metaquotes.net"

#property indicator_separate_window
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+


#property copyright "Dominic"
#property link "http://www.forex-tsd.com"

#property indicator_buffers 2
#property indicator_color1 Red
#property indicator_color2 LimeGreen


color UpCross = Gold;
color DownCross = LightGreen;
int ArrowCode1 = 233;
int ArrowCode2 = 234;


extern int maperiod1 = 25, maperiod2 = 35;

double ma=0, sdp=0, sdm=0, result=0;


//---- buffers
double ExtMapBuffer1[];
double ExtMapBuffer2[];



int init()
{
//---- indicators
SetIndexBuffer(0,ExtMapBuffer1);
SetIndexBuffer(1,ExtMapBuffer2);


//----
return(0);
}
//+------------------------------------------------------------------+
//| Custor indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----

//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int limit=Bars;
double one,two,three;
//----

for(int i=0; i<=limit; i++)
{


one=iMA(NULL,0,maperiod1,0,MODE_SMMA,PRICE_MEDIAN, i);
two=iMA(NULL,0,maperiod2,0,MODE_SMMA,PRICE_MEDIAN, i);
ExtMapBuffer2[i]=one-two;

}

for(i=0; i<=limit; i++)
{

if (ExtMapBuffer2[i]>0 && ExtMapBuffer2[i+1]<=0) DrawArrow(i,Low[i]-5*Point,1);
if (ExtMapBuffer2[i]<0 && ExtMapBuffer2[i+1]>=0) DrawArrow(i,High[i]+5*Point,2);

}


//----
return(0);
}
//+------------------------------------------------------------------+


void DrawArrow( int bar , double value , int trend)
{

static int cnt = 0;
cnt++;
string crossing = "acustom_" + cnt;

ObjectCreate(crossing, OBJ_ARROW, 0, Time[bar], value);


if(trend == 1)
{
ObjectSet(crossing, OBJPROP_ARROWCODE, ArrowCode1);
ObjectSet(crossing, OBJPROP_COLOR , UpCross);
}

if(trend == 2)
{
ObjectSet(crossing, OBJPROP_ARROWCODE, ArrowCode2);
ObjectSet(crossing, OBJPROP_COLOR , DownCross);

}

ObjectSet(crossing, OBJPROP_WIDTH , 1);
ObjectsRedraw();
}

Attached Images

DiffMA.bmp (1.33 MB, 189 views)