Metatrader 4 indicator / EA

Tâche terminée

Temps d'exécution 4 jours

Spécifications

A trader has provided me with this description to his day trading approach for the S&P500. I would like to have it as an EA for Metatrader 4 (also see the attached Word document whuch are examples of his system)

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The red and blue arrows indicate 'potential' entries on a 5 min chart that are triggered by a 'change in direction'.

These are most of my criteria:

Blue arrows - bullish entries:

Movement up through the 10 ema
A close above the 10 ema
Movement above a green bar, especially after a series of red bars
A (relatively) large green bar
Movement above a previous high or spike
Movement above a red bar


Red arrows - bearish entries:

Movement down through the 10 ema
A close below the 10 ema
Movement below a red bar, especially after a series of green bars
A (relatively) large red bar
Movement below a previous low or spike
Movement below a red bar

Be aware that sometimes the market quickly reverses a signal and that is a different signal.


You also want to take into account the phase that that the market is displaying and observe when the phase starts to change.

ie
When above the 21 and 55 emas - generally more bullish
When below the 21 and 55 emas - generally more bearish

When above the 21 and 55 emas, bears will take profits quickly and bulls will hold longer
When below the 21 and 55 ema, bulls will take profits quickly and bears will hold longer


Generally, I would recommend only trading one side of the market - eg Buy bullish signals and use bearish signals to protect profits.

Dossiers :

Répondu

1
Développeur 1
Évaluation
(71)
Projets
103
20%
Arbitrage
6
0% / 83%
En retard
3
3%
Gratuit
2
Développeur 2
Évaluation
(12)
Projets
13
23%
Arbitrage
7
0% / 71%
En retard
3
23%
Travail
3
Développeur 3
Évaluation
(373)
Projets
479
23%
Arbitrage
57
56% / 25%
En retard
55
11%
Chargé
4
Développeur 4
Évaluation
(57)
Projets
72
22%
Arbitrage
13
46% / 15%
En retard
5
7%
Gratuit
5
Développeur 5
Évaluation
(169)
Projets
204
30%
Arbitrage
25
40% / 44%
En retard
12
6%
Gratuit
6
Développeur 6
Évaluation
(8)
Projets
16
0%
Arbitrage
8
13% / 75%
En retard
3
19%
Gratuit
7
Développeur 7
Évaluation
(206)
Projets
333
35%
Arbitrage
66
12% / 58%
En retard
87
26%
Gratuit
8
Développeur 8
Évaluation
(588)
Projets
1061
50%
Arbitrage
39
28% / 41%
En retard
49
5%
Gratuit
Publié : 1 article, 8 codes
9
Développeur 9
Évaluation
(23)
Projets
23
57%
Arbitrage
2
50% / 0%
En retard
0
Gratuit
10
Développeur 10
Évaluation
(3)
Projets
5
0%
Arbitrage
0
En retard
0
Gratuit
11
Développeur 11
Évaluation
(70)
Projets
91
25%
Arbitrage
26
19% / 54%
En retard
25
27%
Gratuit
12
Développeur 12
Évaluation
(45)
Projets
91
13%
Arbitrage
34
26% / 59%
En retard
37
41%
Gratuit
13
Développeur 13
Évaluation
(2279)
Projets
2873
63%
Arbitrage
121
45% / 26%
En retard
428
15%
Gratuit
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