Can somebody help me?
Define your use of the word "help".
CB
cloudbreaker: As in, can somebody write it for me. Won't take you too much time.
barisyidiz1982: It doesn't cross that frequently cos one is of the open while the other is of the close. I'm talking about waiting till the end of each bar before placing a trade on the open of the next.
cloudbreaker: As in, can somebody write it for me. Won't take you too much time.
barisyidiz1982: It doesn't cross that frequently cos one is of the open while the other is of the close. I'm talking about waiting till the end of each bar before placing a trade on the open of the next.
What do you define as not too much time? How have you arrived at this estimate?
And what rate are you offering?
CB
Here it is.
it took me about 15 minutes.
//+------------------------------------------------------------------+ //| WierdEMA.mq4 | //| Tal Perry | //| | //+------------------------------------------------------------------+ #property copyright "Tal Perry" #property link "" extern double Risk_Level =0.002, SL=1.5; //+------------------------------------------------------------------+ //| expert initialization function | //+------------------------------------------------------------------+ double MaClose (int speed) { return (NormalizeDouble( iMA (Symbol(),0,speed,0, MODE_EMA, PRICE_CLOSE,0),Digits ) ); } double MaOpen (int speed) { return (NormalizeDouble( iMA (Symbol(),0,speed,0, MODE_EMA, PRICE_OPEN,0),Digits ) ); } int start() { int i; double Lots, Stop; static double MaxLoss; MaxLoss = (AccountBalance() * Risk_Level ) * MarketInfo( Symbol(), MODE_POINT); if (MaClose(6) > MaOpen(7)) { // CLOSE SHORTS if (OrdersTotal()> 0) { for (i=0; i<OrdersTotal(); i++) { OrderSelect(i,SELECT_BY_POS,MODE_TRADES); if (OrderType() == OP_SELL) OrderClose(OrderTicket(),OrderLots(),Ask,5); } } // GO LONG if (OrdersTotal() ==0) { Stop = Ask - SL*iATR(Symbol(),0,15,0); Stop = NormalizeDouble(Stop,Digits); Lots = MaxLoss / (Ask - Stop); Lots = Lots / (1 +OrdersTotal()); Lots = NormalizeDouble(Lots, 1); if (Lots >0) OrderSend(Symbol(),OP_BUY,Lots, Ask,5,Stop,0); } } if (MaClose(6) < MaOpen(7)) { // CLOSE LONGS if (OrdersTotal()> 0) { for (i=0; i<OrdersTotal(); i++) { OrderSelect(i,SELECT_BY_POS,MODE_TRADES); if (OrderType() == OP_BUY) OrderClose(OrderTicket(),OrderLots(),Bid,5); } } // GO SHORT if (OrdersTotal() == 0) { Stop = Bid + SL*iATR(Symbol(),0,15,0); Stop = NormalizeDouble(Stop,Digits); Lots = MaxLoss / (Stop - Bid); Lots = Lots / (1 +OrdersTotal()); Lots = NormalizeDouble(Lots, 1); if (Lots >0) OrderSend(Symbol(),OP_SELL,Lots, Bid,5,Stop,0); } } //---- return(0); } //+------------------------------------------------------------------+
When you change the periods a bit and add a trailing stop this strategy works pretty well.
Hats off.
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Hi,
I was wondering if anyone could help me write an EA for a strategy that I've been messing around for a while.
It's an "always-in" strategy where you go long when the 6-period EMA of close crosses above the 7-period EMA of open. You close the position and go short when the 6-period EMA of close crosses below the 7-period EMA of open.
There'll be a safety stop loss of 1.5 (can be parameter) ATR from the entry. Position size is determined by stop loss where each trade would not risk more than 2% (can be parameter) of account.
This strategy has been fairly successful for me and would love to be able to test it on historical data.
Thanks
Terence