Close Position(s) when Price hits MA

zhu28ming · #1 (**permalink**) 01-16-2007, 11:58 AM

Hello, Sirs
Does any expert know how to close the current position when the price hits a moving average?

Thank you!

newdigital · #2 (**permalink**) 01-16-2007, 12:29 PM

Quote:

Originally Posted by zhu28ming

Hello, Sirs
Does any expert know how to close the current position when the price hits a moving average?

Thank you!

I am not an expert on this subject but I know the following.

In the settings of EA write:

Code:

extern int Current=1;
extern string PARAMETERS_INDICATOR_ONE  = "Moving Average for close";
extern int CloseEMA_Period = 21;
extern int MAcloseMode =  1; //0=sma, 1=ema, 2=smma, 3=lwma

then:

Code:

double Buy1_2 = iMA(NULL, 0, CloseEMA_Period, 0, MAcloseMode, PRICE_CLOSE, Current);
     
double Sell1_2 = iMA(NULL, 0, CloseEMA_Period, 0, MAcloseMode, PRICE_CLOSE, Current);

the condition for close buy and sell:

Code:

if (iClose(NULL,0,Current) <= Buy1_2) Order = SIGNAL_CLOSEBUY;
if (iClose(NULL,0,Current) >= Sell1_2) Order = SIGNAL_CLOSESELL;

and finally:

Code:

if (Order == SIGNAL_CLOSESELL) 
               {
               OrderClose(OrderTicket(), OrderLots(), Ask, Slippage, DarkOrange);
                              return(0);
               }

and so on.

zhu28ming · #3 (**permalink**) 01-18-2007, 07:34 AM

Is any expert to make it become an EA?

Thanks so much!!!!!!!!