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Thread: Simple EA that buy when indicator say Trend up and sell when indicator say trend down

  1. #1
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    Smile Simple EA that buy when indicator say Trend up and sell when indicator say trend down

    Hi all,

    I' ve a good indicator I downloaded somewhere, I need an EA that simply make a long order when indicator say trend up with a TP +10 pips and a SL of -30 pips, and make the opposite when indicator say trend down.

    Is possible to create an EA that works with the trend alerts of an indicator ?

    Many thanks

    Netmastro

  2. #2
    Administrator funyoo's Avatar
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    Quote Originally Posted by netmastro View Post
    Hi all,

    I' ve a good indicator I downloaded somewhere, I need an EA that simply make a long order when indicator say trend up with a TP +10 pips and a SL of -30 pips, and make the opposite when indicator say trend down.

    Is possible to create an EA that works with the trend alerts of an indicator ?

    Many thanks

    Netmastro
    Hi netmastro,

    Yes it is possible.

  3. #3
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    Quote Originally Posted by funyoo View Post
    Hi netmastro,

    Yes it is possible.
    Ok,

    two things :

    1) Is in this way possible to make backtests ?
    2) Can you suggest me a guide on the topic ?

    Many thanks

    Netmastro

  4. #4
    Administrator funyoo's Avatar
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    Quote Originally Posted by netmastro View Post
    Ok,

    two things :

    1) Is in this way possible to make backtests ?
    2) Can you suggest me a guide on the topic ?

    Many thanks

    Netmastro
    1) Yes.
    2) No, it depends then on how the indicator is built.

  5. #5

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    yes its possible to convert the indicators into an ea...if you want to convert it into an ea just let me know...mail me that indicator on my email id malharonaldo@gmail.com...let me try to convert it into an ea using my MQL programming skills...

    Quote Originally Posted by netmastro View Post
    Hi all,

    I' ve a good indicator I downloaded somewhere, I need an EA that simply make a long order when indicator say trend up with a TP +10 pips and a SL of -30 pips, and make the opposite when indicator say trend down.

    Is possible to create an EA that works with the trend alerts of an indicator ?

    Many thanks

    Netmastro

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