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Thread: EasyTrend EA

  1. #1
    Junior Member
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    Dec 2008
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    Default EasyTrend EA

    Hi Funyoo,

    Thanks for helping us code our ideas.

    Here is my system.

    The EA should have optional buy only or sell only and in general buy or sell.
    Use fix-lots or money management.

    I will write only in terms of long trades and short is opposite.

    Buy condition:
    If last candle is bull, then buy new candle at X pips above close of that candle or Y pips below closed(that is at retracement) of that candle whichever is first.(Trade each candle once)

    StopLoss:
    Initially set at SL pips below lthe low of last candle.

    Trailing
    Two Options

    Trailing at PSAR value, once PSAR value is below the current price.

    Or StepTrailing : Trail by SL pips and step by S pips to lock in profit.

    Take Profit: TP pips

    Filters:
    Optional on/off
    Two zero-lag stochastic filters on different time frames that allow buy if it is coming out of oversold (below 20 then above 20)

    Thanks in advance

    inkuumba

  2. #2
    Administrator funyoo's Avatar
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    Default

    Hi inkuumba and welcome,

    Here is the EasyTrend EA.
    Attached Files Attached Files

  3. #3
    Junior Member
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    Dec 2008
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    Default

    Hi Funyoo,

    Thanks a lot for this EA. I hope others can try it. I think it can be useful for the longer time frames, daily or weekly using small lot size to start and add position.

    Thanks a lot again.

    inkuumba

  4. #4

    Default

    Can we add partial close on profit takings funyoo.

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by falanca View Post
    Can we add partial close on profit takings funyoo.
    What do you mean by that ?

  6. #6

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    Or add Bep please Funyoo

  7. #7

    Default

    İ ment on there that close part of order on going profits while trailing stop works.For example 1 lot order.Close orders when every reached 10 pips as for example 0.1 lots.Or can we add basket estimated profit and basket estimated loss to this EA .I hope ı can explain what ı mean for thistime.

  8. #8
    Administrator funyoo's Avatar
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    Quote Originally Posted by falanca View Post
    İ ment on there that close part of order on going profits while trailing stop works.For example 1 lot order.Close orders when every reached 10 pips as for example 0.1 lots.Or can we add basket estimated profit and basket estimated loss to this EA .I hope ı can explain what ı mean for thistime.
    Here is the basket profit/loss version.
    Attached Files Attached Files

  9. #9

    Default

    I ment all sell and buy orders for basket.And trailing also works inspite of not found on my options.

  10. #10
    Administrator funyoo's Avatar
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    Quote Originally Posted by falanca View Post
    I ment all sell and buy orders for basket.And trailing also works inspite of not found on my options.
    This is what does the basket option.

    And there is already the trailing stop option.

Tags for this Thread

candle, funyoo, manual, metatrader, money, parabolic sar, partial close, pips, profit, scripts, stochastic, stop, system, time, trailing

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