I have written the attached EA. I do not have a coding background and have been learning MQL4 for the last 2 weeks.
I have managed to build the backbone of this EA using an MQL4 code builder which i then manually tweaked. I have run this on a back test but have not been having much success in getting the logic to enter and exit trades when I want them to execute.
I basically have derived from a bollinger band system the following, on a standard 20,2,2 indicator based on a 15min chart:
If you run the attached program you will find that sometimes the entry point in 1 bar in delay or more and sometimes the code misses the entry entirely.
Is there anyone out there that has more experience than me and can help me out with this very frustrating issue. I would really appreciate any feedback.
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.