Free EA/Indior development for MT4
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Thread: Free EA/Indior development for MT4

  1. #1
    I'm no longer working on this particular thread. Please check the one.

  2. #2
    Hi mtarek16,
    Can you compose multipair ADX indior, which should display in a desk a current ADX value, something such as dashboard.

  3. #3
    MT, attached is a good example of an trading egy for an EA.
    It is predied on Renko cubes using a couple of indiors for management.

    It is based on 5 pip renko pubs for simplicity but should work both on directly bars

    Trade in the two directions but I have just onlined long as brief is only the opposite

    Option 1.

    Entry, Long, STC gt;15, QQE gt; signal, CLOSE gt; ma. Trade only in management of the Zig Zag signal

    Exit. Close lt;= MA ( usually the beginning of this 2nd 5 pip renko bar)

    Discontinue reduction 14 pips from entry


    Option two

    Entry, Long, STC gt;15, QQE gt; signal and gt; 50, CLOSE gt; ma. Trade only in management of the Zig Zag signal

    Exit. Close lt;= MA ( usually the beginning of this 2nd 5 pip renko bar)

    Stop reduction 14 pips from entry

    Re -entrance if above conditions fulfilled ( reentry generally meets alternative 2 states and frequently trades better and reverse zig zag not showing.

    Money Mgmt ( defined size)

    Other states

    Optional No entrance on Fridays ( day 6)

    Please don't hesitate to contact me f you have any questions, I lookf orward to developing this as an idea

    rgds

    Peter

  4. #4
    Hi mtarek16,
    could you modifiion this indior?
    Make it MTF - standard TF = m30 bandsperiod = 240. .

    thanks. .
    https://forexintuitive.com/attachmen...3122046094.mq4

  5. #5
    Hi people.

    Sorry for not responding quickly. I have a bunch of things that week to do, literally!
    So I'll start looking into your ideas shortly, filter themand decide which is the very first one that I'm going to work on.

    Greatest,
    MT

  6. #6
    1. Short descripition of this EA; The EA is about Moving Average crosses. When Moving Average cross each other.

    2. The indiors to be monitored before construction the LOGIC is Moving Average (smoothed).

    3. Entry;
    when should it start a BUY place? ; Permit the EA open BUY if 5 times (smoothed)moving Average crosses 100 times (smoothed)Moving Average UPWARD.

    When should it start a SELL place? ; Let the EA open SELL if 5 times (smoothed)moving Average crosses 100 times (smoothed)Moving Average DOWNWARD.

    4. Exit; Buy Exit RULES
    when should it close a BUY place? ; Permit the EA close BUY place if 5 times (smoothed) Moving Average cross 100 times (smoothed) Moving Average in reverse direction, and enter the SELL POSITION immediately.

    Sell Exit RULES;
    When should it close a SELL place? ; Permit the EA close SELL position if 5 times (smoothed) Moving Average cross 100 times (smoothed) Moving Average in reverse direction, and enter the BUY POSITION immediately.


    5. TRADE OPTION;
    Stoploss =
    Trailing Stop =
    Lot Size =

    The TRADE OPTION will be change with almost any number.

  7. #7
    Still very busy . . So I will start with piphunter65's EA.

    @piphunter:
    Does the EA you submitted work as necessary, and the only modifiions you would like to make would be making 1 trade each expert? I.e when the expert shuts the position it won't ever trade until you reset it?

    MT

  8. #8
    Quote Originally Posted by ;
    Still very busy . . So I will start with's EA.

    @piphunter:
    Does the EA you posted work as required, and the only modifiions you would like to create are making 1 trade each expert? I.e as soon as the expert closes the place it will never trade before you reset it?

    MT
    MT,

    Yes the ea functions great as is but it must eliminate the small losses that happen when it re-enters in precisely the exact same way after it hits require profit. If the only remedy for this problem is to shut down it until it is manually restarted thats fine. The other solution would be to sign up in trading instances. If we can
    have user inputs so that the ea may be conducted only during specific hours i.e european and US sessions. That may work since I run this on the 1 hour timeframe, and I typically only get 1 signal during those periods.

    Thank you for all of your help!

  9. #9
    Hello piphunter,

    Attached is the modified expert of yours.
    I have added 2 extra initialization parameters; StartTime and EndTime. You enter the values of the beginning and ending hours at there respective fields if you would like the expert to trade between those specified hours if you leave the default value (hh), the expert will keep trading continuously as before.

    I have analyzed the modifiion and it is good for me. It's very possible though that a bug might slip or something like this, so just tell me if you find these matters.

    MT.
    https://forexintuitive.com/attachmen...1942263309.mq4

  10. #10
    I have been trading my own 5 minutes scalping egy in Euro quite profitably, this egy is based on Price Action. I do not have the abilities to write an EA so I am asking for your help.

    The machine is simple, just buy when it breaks above a specific 5min candle or sell when it breaks beneath.

    R:R is usually 1:1. 15pips Profit Target and 15 pips Stop Loss

    If u r interested to create this easy system to see its total profitability in a backtest, kindly PM me.

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