Thread: Double exponential moving average cross *EA IDEA*

Sounds interesting but im pretty sure I've seen something similar around before. I can't remember the name but I will do my best to try to find it for you.

Originally Posted by neophyte

Hello fellow traders,

New to the forum and here to learn more about EAs and other traders
strategies.

This is a trading system that I have been using for the last few years.

It is based on the double exponential moving average (DEMA) 40 and 80 cross on the 5min timeframe.

I was wandering if anybody could code this EA in MQL4, along with another indicator to filter out ranging markets and money management.

The opening / exit of trades are based on the cross of the DEMAs.

Its a basic EA for an experienced coder I think.

Feel free to add anything to the EA that you may think make it a lot better.

Thanks again and I'm sorry I can't post up the DEMA indicator as I'm using my blackberry at the moment.

Thanks in advance and look foward to being apart of the forum!

there are serveral moving average crossover ea's out here and in the forex world, the easy with rsi filter:

extern int MAMA1Period=40;//|----------------------- Exponential moving average period 1
extern int MAMA1Method=MODE_EMA;
extern int MAMA1Price=PRICE_CLOSE;
extern int MAMA2Period=80;//|---------------------- Exponential moving average period 2
extern int MAMA2Method=MODE_EMA;
extern int MAMA2Price=PRICE_CLOSE;
extern int MAMARSIPeriod=8;//|----------------------- Relative strenght indicator period

if (iMA(0,0,MAMA1Period,0,MAMA1Method,MAMA1Price,0)>i MA(0,0,MAMA2Period,0,MAMA2Method,MAMA2Price,0)
&& iRSI(0,0,MAMARSIPeriod,PRICE_CLOSE,0)>55){myOrderT ype=Buy;} //Buy

if (iMA(0,0,MAMA1Period,0,MAMA1Method,MAMA1Price,0)<i MA(0,0,MAMA2Period,0,MAMA2Method,MAMA2Price,0)
&& iRSI(0,0,MAMARSIPeriod,PRICE_CLOSE,0)<45){myOrderT ype=Sell;} //Sell