Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Experts

EA Hedge Average - expert for MetaTrader 4

Views:
43456
Rating:
(23)
Published:
2016.03.31 13:12
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

EA is made using the Hedge Average function.

Trigger order is made not based on the candle value, but the order is made by using the Moving Average indicator, so when candle is moving and going across the Moving Average indicator, there will be an order.

Hedge order will occur, when there is a cross in the succession candle on previous orders that are detected by the Moving Average indicator, so it will create a new order that is different from previous orders.

In order triggers the order that I have explained above can happen, it is necessary to add filters as below.
if( totalorder(0)<Max_order  && Trade_buy  && signal==1  && wt!=Time[0] ){ticketb = OrderSend(Symbol(),OP_BUY,NR(Lots),Ask,3,slb, tpb,Name_EA,Magic,0,Blue);
if(ticketb>0) wt=Time[0];
}
if( totalorder(1)<Max_order && Trade_sell && signal==2  && wk!=Time[0]) {tickets = OrderSend(Symbol(),OP_SELL,NR(Lots),Bid,3,sls, tps,Name_EA,Magic,0,Red);
if(tickets>0) wk=Time[0];
}

Expert input:

  • Name_EA = "Hedge Average"
  • Trade_buy= true
  • Trade_sell= true
  • Start_Hour= 6
  • End_ Hour= 20
  • Tp_in_Money= true
  • TP_in_money= 2
  • TP= 100
  • SL= 100
  • Max_order= 10
  • Lots= 0.1
  • TrailingStop_= true
  • TrailingStop= 20
  • Magic= 76
  • Period_1 = 4
  • Period _2 = 4

Example of the EA:

hedge-average2

Multi TimeFrame MovingAverages Multi TimeFrame MovingAverages

Show multi timeframe Moving Average on one chart.

Example of Commodity Channel Index Automated Example of Commodity Channel Index Automated

Expert Advisor based on Commodity Channel Index (CCI) indicator.

ForexDegrees ForexDegrees

This indicator will write value degrees of the lastest position of Price / MA / WPR / RSI / Stochastic at the current Timeframes.

Alligator Signal Alligator Signal

Buy and Sell arrows for Alligator signals.