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Thread: Ea Needed for a Really Wonderful Indicator 97% Accurate

  1. #1
    Junior Member
    Join Date
    Aug 2009
    Posts
    6

    Default Ea Needed for a Really Wonderful Indicator 97% Accurate

    Hi all,

    I am relatively new in this forum and I am really impressed with your contributions.

    I have a wonderful free indicator that I have been having great result trading it manually. Some of you might have already had this indicator, but for those that do not have it, I attach here the indicator called Trend Tool. All I want is for an experienced coder to code an ea for this indicator for us all.

    Base on the experience I have had on this indicator, I will like the ea to trade in the following manner for us to maximise the profit potential.

    1. Open Long (Buy) trade when trend line is BLUE

    2. Open Short (SELL) trade when trend line is RED

    3. Define take profit, stop loss, trailling profit etc.

    4. Define percentage for first open order base on any of the following options:
    a) Balance, b) Equity c) Free margin

    5. Define x number of times expert will tryy to open a trade (in order for the trade not to be missed)

    6. Define pip distance

    7. Define percentage for additional open order after x number of pip gain (pip distance)

    8. Define hedging (true or false)

    9. Define time frame for hedge trade (must be a smaller time frame)

    10. Define percentage for hedge open order base on any of the following options:
    a) Balance, b) Equity c) Free margin

    11. Define hedge pip distance

    12. Open additional buy/sell order every time x number of pips (pip distance) is gained base on the percentage for additional open order - see 7 above

    13. Auto calculate exit point if Main trend line is about to change.

    14. Open hedge order when trend line changes on the Smaller time frame (hedge time frame). NOTE: All open orders in the Main trend will remain open or an option to close it.

    15. Open additional buy/sell hedge order every time x number of pips (hedge pip distance) is gained base on the percentage for additional hedge open order - See 10 above

    16. Auto calculate the exit point of the Smaller time frame trend line is about to change color

    17. close all open hedge order (not all pairs) of the individual pair when the Smaller time frame changes back to the Main trend.

    18. Repeat the hedging process if the need arises.

    19. Close all open order (not all pairs) of the individual pair when the Main trend line changes color.

    20. Any other features that will enhance maximazation of the profit potential of the ea.

    I hope I am not demanding for too much. If this this is going to be too tasking, we can make do with a simple one for now and later upgrade it by including all the above modules.

    Can any experience coder please help us out.
    Attached Files Attached Files

  2. #2
    Junior Member
    Join Date
    Feb 2009
    Posts
    25

    Default

    Hi, can you post some screen shots to illustrate your points? hmm I kinda got lost from point 6 onwards..

    Cheers,
    Andy

  3. #3
    Junior Member
    Join Date
    Dec 2009
    Location
    malaysia
    Posts
    1

    Default

    yeap..i agree..pls post...

  4. #4

    Default

    Does this indicator repaint??

  5. #5

    Default

    It does repaint, but only one bar. Its ADX based, but it is very well optimized. I got my paws on this one a while ago...

    Those points are just settings for the EA that would work with it. Basicly, if the trendline gives an up signal, buy, and if its down, close buy and sell, then when it changes close sell and buy etc...

    Thats all he's really trying to say. The rest are just settings for the EA.


    Go for it funyoo!!

  6. #6

    Default

    OK...I've written quite a few EA's trying to get this puppy to fly....and it really looks good on the chart, but in backtesting trading...it does lag. Maybe it is a function of the backtester trading only at the 5 min candle instead of every tick, but the line on the chart is not at the value of the currency so appearances are deceiving. The best luck I've had is Hedging with semi-Martingale...but I think the profits I'm seeing are a result of that instead of the input from the indicator showing an up or down trend. Has anyone else seen success...trading with EA coupled to this indicator?? (The indicator really looks nice though...I'd like to make it trade as nice too!)

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adx, backtesting, candle, change, expert, free, hedge, hedging, indicator, main, martingale, pairs, pips, profit, repaint, signal, simple, stop, tool, trading, trend

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