How do I ??

[santhoshabraham]

Hello everyone,

How do I write a code based on the example below.

For example:

If current price CLOSE is above EMA 5 HIGH take buy trade

If current price CLOSE is below EMA 5 LOW take sell trade

[William Brandon Autry]

santhoshabraham:

Hello everyone,

How do I write a code based on the example below.

For example:

If current price CLOSE is above EMA 5 HIGH take buy trade

If current price CLOSE is below EMA 5 LOW take sell trade

If(close>EMAhigh)return OP_BUY;

If(close<EMAlow)return OP_SELL;

[santhoshabraham]

William Brandon Autry #:
If([1]>EMA5)return OP_BUY;

If([1]<EMA5)return OP_SELL;

William thanks for the replay, I am trying to do this.  See the image below. 

[Alexander Martinez]

santhoshabraham #:

William thanks for the replay, I am trying to do this.  See the image below. 

You can get the value of the EMAs using iMA:

* MT4: https://docs.mql4.com/indicators/ima
* MT5: https://www.mql5.com/en/docs/indicators/ima

Then, you can get the value of the previous close using iClose.

Then, compare the values check if they meet your buy / sell criteria.

Also, specify which version of MT you're programming for so it's easier to help you out.

[William Brandon Autry]

santhoshabraham #:

William thanks for the replay, I am trying to do this.  See the image below. 

I edited my post. 

You’ll also need to define the lines using iMA and the candle as iClose. 

[Vladimir Karputov]

santhoshabraham # :

William thanks for the replay, I am trying to do this.  See the image below. 

Try it: Two iMA High Low Simple

[Tackleboxman]

Hello Everyone,

I am new to ea's but I am trying out a few courses and trying to get my head around it all.

in the mean time, how do I:-

1. if a position has been opened on say a 4 hour candle, 

and if its still open

or if closed

don't open another position on candle "0"

2. If a position is open on candle "0"

Close the trade on the close of candle "0"

3. Use a trailing stop on whatever position is open. 

If only I understood coding as I do english.... soon, hopefully. Thanks

ps, im learning mt4. for starters

[William Roeder]

1 & 2) Remember the bar time and check if it has changed or not.

For a new bar test, Bars is unreliable (a refresh/reconnect can change number of bars on chart), volume is unreliable (miss ticks), Price is unreliable (duplicate prices and The == operand. - MQL4 programming forum.) Always use time.
          New candle - MQL4 programming forum #3 (2014)