Hull Moving Average EA
I have a good system that I used to trade manually for the last months and it has worked pretty well so far. Now I would like to add some MM concept and to develope further the tests (optimizing the MAs and so on) and for this, I definitly need an EA.
The system works with Hull Moving Average (HMA); here you have the link with the mathematical explanation: Alan Hull - Hull Moving Average
We use 2 HMA, one pretty fast (5-8-13-15 etc) and 1 pretty slower (13-21-34-40-55 etc) when both of them are showing the same direction and the faster is ABOVE (for long) or BELOW (for short) the slower we have a "possible entry".
Then we place a Buy/Sell limit ten pips above/below the high/low of the "setup" bar. and we leave it there for 2 more bars, if the order doesn't trigger in those 2 bars we cancel the limit order.
SL = TP = ATR(100) + 10 + spread from the entry of the limit order
so we have a Risk/Reward ratio = 1
if it's possible leave confgurable (and optimizable)
1) the MAs (the period of the Mas, the type of the Mas and the price which is calculated)
2) the 10 pips spread from the high/low where we set the Limit Order
3) the 10/ pips spread we had to the SL-TP
4) a system of MM where we can choose how much risk to support
This system really works and if you can write properly this EA I'm sure you would enjoy the gain a lot too.
If you need some more explanation of clarification I'm here.
Sorry for my english, it is not my mothertongue.
Best Regards,
Corre.
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