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I need your help on building EA.
If todays close is greater than yesterday. How do i put it in the boxes because there are two boxes up and down called left and right.
Should I put it like close 0>close 1 or
close 1< close 0
I could not understand about it, please explain.
I looked at the code generated and it looks ok but the problem I see with this is it's a 'one size fit's all' type approach and by it's very nature is flawed. I think you could use it on a live account but I personally wouldn't feel comfortable unless I knew exactly what it was doing and why. Then if there was a problem I could fix it.
Make sure whatever you do you trial it on a demo for a few months before you go live.
I've only been at it for a few days and i have found a simple moving average ea that tested positive on the gbpjpy.
A few tests showed some awesome profits with reasonable drawdowns.
For my tests i looked for trends and put up even odds on tp and sl. That was 300 pips either way figuring that i would be in more winning trades if i stayed with the daily trend which i got off of a 140 CCI on the daily.
I actually built two EA's one for long only trades and the other for short only trades.
Wow 3 wks of trading got me nearly 30% on longs and once the rally took off to the short side i switched EA to my short and watched it collect 130% before giving back 20%.
That gets me excited.
I'm going to forward test it for awhile to see the results.
Hi,
I am trying to write an EA for scalping. in the below variables can anyone please let me know the the intigers assinged to StopLoss, TakeProfit, and TrailingStop are the number of pips or any other intigers which MT4 will convert into pip counts.
I also need a statement to define the chart to be used is a 5 mins chart.
I am planing to use Stochastics on 5 mins chart for signaling scalping trades. with 2 - 5 pips of profit. Please let me know if any one has a better strategy for scalping that can be used for writing an EA.
extern int mm=1;
extern int reinv=10;
extern int MagicNumber = 0;
extern double Lots = 0.1;
extern int Slippage = 3;
extern bool UseStopLoss = True;
extern int StopLoss = 200;
extern bool UseTakeProfit = True;
extern int TakeProfit = 600;
extern bool UseTrailingStop = False;
extern int TrailingStop = 30;
extern int maxLots=50;
I am trying to build an ea for a long time but it doesnt work at all.
I need to build a rsi ea , which will exit the trade when it cross 70 when I am long and it needs to exit trade when it cross 30 . I think it is simple but I can t do it plssssssssssssssssssssssssssssssss help me
I am trying to build an ea for a long time but it doesnt work at all.
I need to build a rsi ea , which will exit the trade when it cross 70 when I am long and it needs to exit trade when it cross 30 . I think it is simple but I can t do it plssssssssssssssssssssssssssssssss help me
sinan
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