Don't know how well this works but this site appears to be a menu driven EA coder. Doing it right and learning the language is likely better...but if you're so inclined check it out and report back....
Expert Advisor Builder for MetaTrader 4
EA Builder free...
Don't know how well this works but this site appears to be a menu driven EA coder. Doing it right and learning the language is likely better...but if you're so inclined check it out and report back....
Expert Advisor Builder for MetaTrader 4
Oh very insteresting....will give this a go. I imagine it will be able to do the simple stuff, lets see.....will report back when I have a mo......
Wz
I used the EA builder to make a few EA's. Works well enough and I still have an EA running live that I made useing it. Not sure but I think the trailing stop function might not work properly but not sure so just test it if you use it....could have been me.
You can import custom indicators and as you use it you can learn how to add other code you want it to process.
It is basic but sometimes keeping it simple is better than 1000's of lines of code. The one I have trading runs on the USD/JPY 5M and has only 1 indicator (Bolliger Bands) and a S/L of 30 and a T/P of 15. Only trades once a week or so and hasn't had a loss since Christmas....so don't discredit "basic".
I'd recommend it to have a play with.
Last edited by Dono; 07-22-2009 at 23:53. Reason: answer to post 4
wow impressive,
do you mind to tell me which indicator do you use?
free ea software problem
i have checked the website and software and am highly impressed thanks for the informationOriginally Posted by BillR
i just want to inquire if the software can code ea with atr % controlled stoploss, lots sizing, takeprofit and trailing stop. if yes please explain to me how i can do it.
Also how do you use the software to make an ea not to execute orders if adx period is below 18.
The builder is basic, but it does explain how to add custom indicators so you will be able (with some effort) to be able to create an atr% stop that will be EA controlled (that is not a hard stop that will be set broker side). It will do the TP and when I made an EA I think the Trailing Stop didn't work as I expected but that could have been just me...so test and check to be sure.
It wont do lot sizing.
Generally you can build 90% of what you need, just google the rest you want to add or change and with some stuffing around can get what you want.
Good Luck.
I have used this website to build many simple EAs;all of them work fine but I have never
been successful to put a time filter in them( tried many times).Can anybody post a simple EA that was built from this website with the working time filter so I can copy the code.
Thanks in advance.
Here is one with a very basic "days to trade" and "Hours to trade".
Days must be consecutive, you can't say trade mon,wed and fri. Also with the hours to trade just check as you have the range of 1-24, I think when I coded it I had problems doing a timeframe that wasn't between 1 and 24, for example if you needed to trade the 18th hour to the 10th hour....also from memory the hours are what are shown on you MT4 chart.
Hello Dono,
Your code works great;I copy and paste into my EAS and they work great.Thanks a lot for your help.Another problem with EA made from EAB is when TP or SL is hit(probably TS
also)the EA immediately opens another order in the same direction so TP or SL doesn't
mean anything.What I want is when TP or SL is hit the EA stops open another order until
we have signals to open another order in opposite direction.I don't know if you or anybody else can work on that or not.?Thanks.
I can't cay as I don't know how your EA trades. If it is re-entering on the same candle that is easy to fix but if its conditions are still being met for the next 50 bars thats different. PM me with details and I will try to get back to you asap.
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