I have an indicator which I want an EA for, it repaints. So the indicator will need to be fixed first before an EA can be made.
I have attached the indicator.
This is how I use the indicator to trade:
I've attached a screen shot, the channel is treated a 1 entity (although it's consists of 2 lines). So when the 3EMA crosses above the channel (both lines) you place a buy order, then when it crosses below the channel (both lines) you close the buy order and open a sell order.
For selling, when the 3EMA crosses below the channel (both lines) you open a sell order, then when it the crosses above the channel (both lines) you close the sell order and open a buy order.
You're always in a trade, weather long or short.
In the screen shot, I've put a black line when I would make the trade.
In the following thread: http://www.forexfactory.com/showthread.php?t=207639
The coder explains the problem he experienced while trying to code the EA. I think the errors are in the indicator it self, I think if the errors in the indicator can be fixed an EA can be made easily. This is my opinion.
In another post: http://www.forexfactory.com/showthre...54#post3352654
A coder explains I think these problems.
I have attached the indicator.
This is how I use the indicator to trade:
I've attached a screen shot, the channel is treated a 1 entity (although it's consists of 2 lines). So when the 3EMA crosses above the channel (both lines) you place a buy order, then when it crosses below the channel (both lines) you close the buy order and open a sell order.
For selling, when the 3EMA crosses below the channel (both lines) you open a sell order, then when it the crosses above the channel (both lines) you close the sell order and open a buy order.
You're always in a trade, weather long or short.
In the screen shot, I've put a black line when I would make the trade.
In the following thread: http://www.forexfactory.com/showthread.php?t=207639
The coder explains the problem he experienced while trying to code the EA. I think the errors are in the indicator it self, I think if the errors in the indicator can be fixed an EA can be made easily. This is my opinion.
In another post: http://www.forexfactory.com/showthre...54#post3352654
A coder explains I think these problems.