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Thread: Trend EA - request

  1. #1
    Junior Member
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    Default Trend EA - request

    Funyoo,

    Please write EA for this system. It is to be used in one direction only – SELL or BUY.

    Direction of a trend is to be ascertained by a trader.

    Time frame is Daily chart.

    Look for an “inside bar”. After an inside bar is created and closed (disregard Sunday bars), place pending order 5 PIPS above an inside bar when trading BUY direction of a trend or 5 PIPS below an inside bar when trading SELL direction.

    Items for EA:

    Stop Level in PIPS
    Profit Target in PIPS
    Money Management:
    (have an option to choose style of MM)
    - fixed lots
    - % of Total Balance risked for each position to be opened - based on Stop Level
    - % of Balance Available risked for each position (after deducting of margin used for already opened positions) - based on Stop Level

    Thanks.
    snail69

  2. #2
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    I think that that is a good stategy can you code it please funyoo

  3. #3
    Junior Member
    Join Date
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    Question

    Can someone help to write an EA for this system please ?

  4. #4
    Administrator funyoo's Avatar
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    Quote Originally Posted by snail69 View Post
    Funyoo,

    Please write EA for this system. It is to be used in one direction only – SELL or BUY.

    Direction of a trend is to be ascertained by a trader.

    Time frame is Daily chart.

    Look for an “inside bar”. After an inside bar is created and closed (disregard Sunday bars), place pending order 5 PIPS above an inside bar when trading BUY direction of a trend or 5 PIPS below an inside bar when trading SELL direction.

    Items for EA:

    Stop Level in PIPS
    Profit Target in PIPS
    Money Management:
    (have an option to choose style of MM)
    - fixed lots
    - % of Total Balance risked for each position to be opened - based on Stop Level
    - % of Balance Available risked for each position (after deducting of margin used for already opened positions) - based on Stop Level

    Thanks.
    snail69
    Hi snail69,

    Here is Trend EA.

    Stop level > gap.
    Profit target > basketpips.
    Mmmode : 0=balance, 1=equity.

    You can get some error codes 130 when the difference between the price and the order open price is under stoplevel.
    Attached Files Attached Files

  5. #5
    Junior Member
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    Dec 2009
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    Funyoo,
    In case I attach EA to individual pairs on one Matatrader platform and turn basketpips to false will be considered e.g. risk 2% of balance per currency individually ? Each of those 5 pairs will take 2% risk of balance individually and in total 10% ?

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by snail69 View Post
    Funyoo,
    In case I attach EA to individual pairs on one Matatrader platform and turn basketpips to false will be considered e.g. risk 2% of balance per currency individually ? Each of those 5 pairs will take 2% risk of balance individually and in total 10% ?
    Hi snail69,

    If you add "extern" before basketpercent parameters and you enable it, it will do what you describe here.

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