Am I even on the right track?
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So, yeah. I just recently started fooling around with this program. It's pretty interesting, but it seems that I'm too dense to script a proper Expert Advisor. What I'm trying to do is getting a really basic program to work that checks these conditions...
- Current Price > MA
- Macd > 0
- Momentum > 100
- RSI > 50
- William's Percent > -50
... and places a BUY order if a certain amount of them is positive. The order is closed again as soon as another certain amount of the conditions is not fulfilled anymore. I read abouth this system somewhere (I couldn't remember where that was if my life depended on it, though :P) and as it was described as "simple, yet somewhat effective", I thought implementing it would be a good start to learn working with MQL4 and the MetaTrader. However, I invariably end up with wildly flailing graphs such as
regardless of which values I use for the buying/selling "thresholds". My question: Could this be a simple scripting error (and should I post my code for checking)? Is something wrong with the conditions? Or is this trading system just a load of bollocks? Care to help a poor noob out here? :/