I need an EA master!

mer071898 · #1 (**permalink**) 02-03-2007, 02:03 AM

Hey everyone,

I'm new to the site and was looking for someone to code an EA for the trading system a friend is using so I can do some forward testing and backtesting.

he calls this his separation trade and he says it is about 90% accurate on EUR/USD and about 80% on GBP/USD, and USD/JPY.

This seems like a very simple set up but I am clueless when it comes to programming language. I need it for the 5 minute charts with a 10 period EMA in black, a 26 period EMA in red.

When the 10 EMA is above the 26 EMA, I need it to buy at the opening of the next candle when on the previous candle the EMAs are separated by at least 8. Sell would be the opposite (the 10 EMA below the 26 EMA and EMAs are separated by at least 8).

The picture below shows the candle providing our entry signal below (red down arrow- 8 pip separation) and the opening of the next candle will be our entry (red up arrow). we will be looking at a TP of 20 pips not including the spread and a stop loss of 30-40 pips. He does not use a trailing stop but I would like to hear ideas about including one when a large breakout occurs.

separation trade.gif

Thanks for any opinions and I hope someone can help.

fxnewbie · #2 (**permalink**) 02-03-2007, 02:41 AM

Quote:

Originally Posted by mer071898

Hey everyone,

I'm new to the site and was looking for someone to code an EA for the trading system a friend is using so I can do some forward testing and backtesting.

he calls this his separation trade and he says it is about 90% accurate on EUR/USD and about 80% on GBP/USD, and USD/JPY.

This seems like a very simple set up but I am clueless when it comes to programming language. I need it for the 5 minute charts with a 10 period EMA in black, a 26 period EMA in red.

When the 10 EMA is above the 26 EMA, I need it to buy at the opening of the next candle when on the previous candle the EMAs are separated by at least 8. Sell would be the opposite (the 10 EMA below the 26 EMA and EMAs are separated by at least 8).

The picture below shows the candle providing our entry signal below (red down arrow- 8 pip separation) and the opening of the next candle will be our entry (red up arrow). we will be looking at a TP of 20 pips not including the spread and a stop loss of 30-40 pips. He does not use a trailing stop but I would like to hear ideas about including one when a large breakout occurs.

Attachment 24683

Thanks for any opinions and I hope someone can help.

I hear very good comments about this system. Did you trade it live or forward test? can you post some results ?
Tks. !!

et_phonehome_2 · #3 (**permalink**) 02-03-2007, 03:14 AM

I just wish I could recall what EA does what you want, I had never paid attention to it during my ventures on TSD. What you want does exist....

et_phonehome_2 · #4 (**permalink**) 02-03-2007, 03:22 AM

OK, you can use the EMA 5 x EMA 13 which can be found in this forum or the Fibo EMA Crossing.

Maji · #5 (**permalink**) 02-03-2007, 05:09 AM

I don't think MA X-Overs work.

newdigital · #6 (**permalink**) 02-03-2007, 08:35 AM

Quote:

Originally Posted by mer071898

Hey everyone,

I'm new to the site and was looking for someone to code an EA for the trading system a friend is using so I can do some forward testing and backtesting.

he calls this his separation trade and he says it is about 90% accurate on EUR/USD and about 80% on GBP/USD, and USD/JPY.

This seems like a very simple set up but I am clueless when it comes to programming language. I need it for the 5 minute charts with a 10 period EMA in black, a 26 period EMA in red.

When the 10 EMA is above the 26 EMA, I need it to buy at the opening of the next candle when on the previous candle the EMAs are separated by at least 8. Sell would be the opposite (the 10 EMA below the 26 EMA and EMAs are separated by at least 8).

The picture below shows the candle providing our entry signal below (red down arrow- 8 pip separation) and the opening of the next candle will be our entry (red up arrow). we will be looking at a TP of 20 pips not including the spread and a stop loss of 30-40 pips. He does not use a trailing stop but I would like to hear ideas about including one when a large breakout occurs.

Attachment 24683

Thanks for any opinions and I hope someone can help.

What is 'when on the previous candle the EMAs are separated by at least 8"?
Is it distance between two losed candle's prices in points?

Look at this thread Fibonacci_Ema
It should be several EAs which can be slightly modified according to separation or delta.
But sorry I don't think that it will be profitable.