Thanks for your effort. It is very much appreciated
that you are going to share the EA with us.
vI assume everyone has the settings for the cog so youll need to make your setting adjustments.
I took a public ea written by Coders guru and adjusted. I have not tested yet but that something people can do... coders guru is a fairly decent money managment programmer and ema cross kind person so that will be of high quality. I was planning to use another ea I wrote but it has some proprietary type things that are different and took a long time to develop so you will need to understand if I am not all that interested in releasing.
If the system is good, this ea will do what is required. I will make some changes or another coder can look at if they feel like.
extern double TakeProfit=150; (self explan)
extern double TrailingStop=30; (self explan)
extern double StopLoss=30; (self explan)
extern int HedgeLevel=6; (not quite sure?)
extern double trading_hour_begin = 0; (self explan)
extern double trading_hour_end = 20; (self explan)
extern double Expiration = 7200; (not quite sure... think its for a hedge)
extern int ShortEma = 5; (the slow ema part of cross)
extern int LongEma = 14; (the fast ema part of cross)
extern int lookbackbars= 5; (on the current time frame --how many bars
should the ea look back at the highest high or lowest low where price has closed above the "gold line" .. the ema cross is the second part of the trigger.
let me know if you want to use the greens. I can change it easily or add an option.
extern int CurrentBar = 1; (use the current or the close (1 to 2) for the ema cross
extern double Lots = 0.10; (self explanitory)
let me know of any trouble. This will place trades in both directions of the trend. I can add that in and put in next post if you only want to trade with the cog (1 versus x bars back for example) The initial system was both trend and counter trend.
I have traded cog ea in the past and a big run in a direction will be trouble as in certain markets you will get a zig zag pattern at about a 40 angle and wipe your account out.
EMA_CROSS_CONTEST_HEDGED adjusted for cog trades.mq4
EMA crossover early alert indicator
Till the EA is ready, here is a good EMA crossover indicator i found, that can alert us instead of being in front of the screen.
It also has a great option of filtering MA over crossing false alerts, like in consolidation periods.
Hope it helps,
Hi Dan mir
thanks for the indi.
From what I understand, this indic. is for a cross of EMA and SMA.
Endrout's method is using 2 EMAs
ignore the previous post; I can see now that we can
change the SMA to EMA.
No, You can select the type of MA to be used.
Use this settings:
The settings of the COG should be :
Good luck to you .
first of all thank you very much for letting us use your system
it is looking very intersting
also waiting for the EA for your system
just a little question
in post #1 you said for long bar close under green line and a cross over of the ema's the question is should the ema's cross be also under the green line of the cog indicator??
and of course for short the opposit
BTW HOLLAND IS GOING TO BEAT ITALY 3-1
Thanks for sharing your trading method.Its very simple and easy to follow.I just catch som pips on usd/jpy and nzd/usd. Thanks
I have been trading this system for a little over a week now and I have been doing pretty good with it. I'm finding that I am more comfortable waiting for the close of a candle and the ema cross to occur below or above the green lines. I am also trading it on the 15 min chart. How long have you been trading this system for? Thank you.
Trying out on a 5 min eur/usd chart, got into 5 sells, none had crossed over the upper green cog line. 1 at 18:40, 3 at 18:41, 1 at 18:58. Something don't sound right. It looks like the ema cross was there, and it crossed the center cog line. I will get a picture next time.
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