EA - That uses MA for SL

Anyone know of an EA that uses an adjustable MA as a Stop Loss, or is willing to write one for me?

I have written an EA for closing the order when the profits hit an EMA level. It would be easy to modify to do what you want. Its quite flexible as it allows for closing part of the order and also has a TP in pips of profit option. Let me know what kind of MA you are thinking of.

I'm looking for one the has an adjustable MA. ie. able to change: Period, MA method (Simple, Exponential, and Smoothed), and Apply to: (low, High, Open, Close)

I have made the mods you requested and the EA is ready.

The input settings are:

MAperiods - the number of periods to be used by the MA calculation.
MAmethod - the method to be used by the MA calculation ('S', 'W', 'E', 'M'). Allowed values for MA Method are E(Exponential), S(Simple), M(Smoothed) or W(Weighted).
MAapply - the price type to be used by the MA calculation ('O', 'C', 'H', 'L'). Allowed values for MA Apply are O(Open), C(Close), H(High) or L(Low).
Lotsize - Part of the order can be closed. 0 means close all lots.

CodeMeister,

Thank you for the mod, but I can't get it to work.

It will not close the order.

For the Lotsize: I have used 0 and the actual lot size.

Can you advise

Also, can you add an alert to sound when order closes

Thanks again

I can say with certainty that the problem was not related to the lot size. Setting it to 0 will close it without fail.

So now I am left to guess what the problem might be. I looked at my code again. There was a problem with it not resetting properly. By this I mean that it would have closed the open order(s) at startup but any subsequent orders would not have closed unless you changed one of the settings. This problem was easily fixed.

But you didn't describe your problem as happening in those conditions, so I kept on guessing what might the problem be. I think that there might have been a different expectation between us. I wrote the EA as a simple minded stop loss. But while testing it today, I noticed a scenario where it would have been advantageous to have more functionality such as a trailing stop capability. As can be seen in the attached picture, order #1 (short) closed successfully when it hit the MA line. Order #2 (long) never closed, because it was still in profit when it hit the MA line.

I think I will add the trailing stop logic. I'm not going to make any promises as to when I will have this done because the testing needs to be thorough.

CodeMeister,

I might have been unclear when I said Stop Loss. I want the order to close when It hits the MA when in profit or loss.

IF this EA should do that then we're on the same page.

Could I be having trouble because I use a 5 digit broker?

As I stated, the EA at present will only stop losses, but I will add the trailing stop logic.

The EA has no dependency on 4 digit logic.

Hi, Here is a thread I started some time ago with a similar request, but I called it a Take Profit at ___ ema.

CodeMeister was so kind as to write the ea that is posted on post #7 at this thread http://www.forexfactory.com/showthread.php?t=200649

Hope this is what you're looking for

The new logic was added and tested.

CodeMeister,

Just got a chance to play with the new EA, and it works great, thank you very much.

K-

Hi,
I was wondering if you have a similar EA that opens positions, in the same direction, when the candle crosses a particular EMA?
Thank you for your time.

No I don't have an EA with that functionality and right now I'm in the middle of a number of other things. Once I get time, I see how easy it is.

I really appreciate that, thank you.

Just what I was looking for

Thank you sir!

Yes, that close order EA when price hits MA is pretty neat

First of all, thanks for this great EA CodeMeister!

If/when it is possible and if/when you have the time, I'm wondering if you would you be able to add these two functions:

1. Rather than set the stop ON the MA line, set stops X number of pips "behind" the MA line.
2. Set a minimum number of pips from Open that the MA (not price) has to move before it will begin moving stops. (ie-MA has to move 60 pips from Open price before it starts trailing the stops to 30 pips "behind" the MA)

I know nothing of coding so I don't know if it's even possible, so if not, feel free to tell me "where to go"!

If it can be done, this would be the ultimate EA for me!

Thanks again!

Jack

I'm guessing adding the "shift" field to the MA could help accomplish the same goal? At least it seems close enough for me...

*EDIT* - Changing settings on the MA a bit creates the results I'm looking for too! Duh! Would still be nice to have a delay before it kicks in though...

I posted a trailing stop MA with buffer some time ago. You can find it here...

http://www.automatedtradingsoftware....ers-with-an-ma

Good luck

Lux

Thanks Lux, I'll give that a whirl too!