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EA itself has 3 MA-s. MA1 is main, MA2 is middle and MA1 the smallest of them EA-s.
Orderes are opened if Last candle that closed is below MA1, MA2 and MA3. And the candle before last candle has to be above MA3.
This is basicly the EA
First, there is small mistake i think i found. Previous candle has to be equal or higher than ma3 and next candle has to be below MA3 to give signal.
Example: http://i50.tinypic.com/2u89o4p.png
As you can see, trade is opened(you can see blue arrow behind textbox which shows where trade was opened) and you can also see candles high, which is lower than MA. I think the mistake here is that, when comparing previous candle with MA, it uses last candles MA, not previous candles MA.
Secondly, currently there is that ma3>ma2 and ma3>ma1 for signal to occur. But only previous candle>ma3 and current candle<ma3 and current candle<ma2 and current candle<ma1. Under current candle i mean candle that has closed last. Previous candle is the candle that closed before current candle.
And lastly, if BR is doubled, EA should double lot sizes. And another thing which i will explain through examples.
Lets say, br is 1000 and lot is 0.1, now bankroll is 2000 and lot size increased to 0.2. Now bankroll 4000 and lot sizes 0.4. But if bankroll falls to 2000, then lot size will fall to 0.2. If BR continues to fall to 1000, then lot size is changed to 0.1
Also i need to be able to turn this last function on and off manually.
I also found mistake with this EA.
http://www.upload.ee/image/2346675/viga.png
In picture you can see, that two trades where opened, but only one should have been opened. I think it has something to do, with not using previous MA valus when comparing to previous candle. Instead it uses one MA value on previous candle and on new candle.
If something is not understood well, please tell me.
http://www.upload.ee/image/2346675/viga.png
In picture you can see, that two trades where opened, but only one should have been opened. I think it has something to do, with not using previous MA valus when comparing to previous candle. Instead it uses one MA value on previous candle and on new candle.
If something is not understood well, please tell me.
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