I want to change Custom indicator into EA | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Can't change Line Color in MT5 custom indicator ex5 file 17 replies

Custom indicator to switch timeframe and add indicator 3 replies

I want to plot my custom indicator from a 5min chart onto a 1min chart 2 replies

Can security code be apply into custom indicator ? 2 replies

Help me change colors of a custom indicator please 3 replies

Attachments: I want to change Custom indicator into EA
Exit Attachments

I want to change Custom indicator into EA

  • #1
  • First Post: Feb 8, 2014 1:13am Feb 8, 2014 1:13am
Hello to all,

i want to change indicator to EA,

Indicator Chart.

http://i60.tinypic.com/jrwvw0.png

Please help.

Indicator setting

http://i57.tinypic.com/142vpmf.png
http://i57.tinypic.com/x1xc2h.png
http://i62.tinypic.com/2cfz7o2.png
I m uploading template with Indicator,
Attached File(s)
File Type: rar Indicator with template.rar   13 KB | 1,170 downloads
  • #2
  • Feb 8, 2014 1:15am Feb 8, 2014 1:15am
You can't change an indicator into EA.

An EA must be coded based on the indicator signal.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Feb 8, 2014 1:59am Feb 8, 2014 1:59am
Hi There!

If you like I can code an EA for you based on your indicator. But you need to provide me with the following things before I proceed.

1. Your indicator in .mq4 format
2. Your strategy to trade based on the indicator.

Send me the above and I will code the indicator for you which will work on a demo account for you to test.

Let me know if you would be interested.
  • #4
  • Feb 8, 2014 2:01am Feb 8, 2014 2:01am
Quoting FerruFx
You can't change an indicator into EA. An EA must be coded based on the indicator signal.
Sir why not you try icustom which can use to convert Indicator to EA, i don't have much knowledge about MQL4 so i am unable to code those things.
  • #5
  • Feb 8, 2014 2:18am Feb 8, 2014 2:18am
Quoting asingh601
{quote} Sir why not you try icustom which can use to convert Indicator to EA, i don't have much knowledge about MQL4 so i am unable to code those things.
Sir, the iCustom() function doesn't convert your indicator into EA. It is used by an EA to call the indicator signal. The iCustom() won't place trades ... There's a lot more to be coded before the EA is able to enter/exit and manage trades.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6
  • Feb 8, 2014 2:22am Feb 8, 2014 2:22am
Quoting FerruFx
You can't change an indicator into EA. An EA must be coded based on the indicator signal.
  • #7
  • Feb 8, 2014 2:27am Feb 8, 2014 2:27am
Quoting FerruFx
{quote} Sir, the iCustom() function doesn't convert your indicator into EA. It is used by an EA to call the indicator signal. The iCustom() won't place trades ... There's a lot more to be coded before the EA is able to enter/exit and manage trades.
oh ok sir thanks for your information this is so bad, but can we not use Indicator signals and its methodology to make a separate EA?
  • #8
  • Feb 8, 2014 2:31am Feb 8, 2014 2:31am
Quoting asingh601
{quote} oh ok sir thanks for your information this is so bad, but can we not use Indicator signals and its methodology to make a separate EA?
Of course that we can use this indicator (or any other one) to trade the signal given.
MT4/MT5 EAs/Indicators/Alerts coder
  • #9
  • Edited 7:19am Feb 8, 2014 6:36am | Edited 7:19am
This is a conversation lost in semantics, but also one that isn't worth winning.

This indicator is just a simple matrix based on a couple of other indicators and those can be incorporated into an EA.

That is easy...and more importantly has most likely already been written several times over.

The problem is, with the optics behind the logic.

Most will assume that this will be a profitable system based on a pretty picture, but not based on when the actual trade gets taken. Where it will fail, is like most others that are written under this same guise in that, until the actual candle is closed, the signal isn't valid.

When I look at the chart posted by thread starter, it looks to me like it would have taken 2 losing trades and one winner, respectively. The winner, if anything, may only marginally beat out the 2 losers, and depending on spread, might still out of the 3 trades be only holding square to a small loss.

Why would anybody want to code something that has already been coded and that would seemingly lose more than wins?

If you want to give money away, there are easier ways of going about it.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #10
  • Feb 8, 2014 2:15pm Feb 8, 2014 2:15pm
I echo Magix's sentiments, 100%.

Everyone runs across an indicator they believe is 100% accurate - I hear it alllll the time, "there's no way this system can lose!" So then you spend hours coding up an indicator to an EA or more likely spend hundreds of bucks having someone else code it up for you only for you to backtest it, watch it lose money, throw it away and 5 minutes later you're onto the next "holy grail" indicator.


Anyways, this link below looks to be the same system, indicator, etc - somewhere in there there's about 15 EAs coded based on the indicator.

http://www.forexfactory.com/showthread.php?t=315572
  • #11
  • May 10, 2014 12:47am May 10, 2014 12:47am
Hi, Can anybody remove stoploss from the attached EA as I don't want this EA to place stoploss anyway... Thanks in advance...
Attached File(s)
File Type: mq4 Universal copier.mq4   47 KB | 1,266 downloads
  • #12
  • Mar 22, 2017 7:21am Mar 22, 2017 7:21am
Hi All

I would like someone to code a combination of custom indicators into an EA for me please? Please only reply if you really know how to code please.
  • #13
  • Mar 22, 2017 8:14am Mar 22, 2017 8:14am
Quoting MitchFX
Hi All I would like someone to code a combination of custom indicators into an EA for me please? Please only reply if you really know how to code please.
what kind of indis you want to convert to ea ?
  • #14
  • Edited 10:49am Mar 22, 2017 8:26am | Edited 10:49am
TSF, Hull Moving Average, FIB SRT, MACD signal line cross. But they must act as one EA. my email is { email address deleted by staff }
  • #15
  • Mar 22, 2017 1:04pm Mar 22, 2017 1:04pm
Quoting MitchFX
TSF, Hull Moving Average, FIB SRT, MACD signal line cross. But they must act as one EA. my email is { email address deleted by staff }
PM me, pls.
your e-mail address was deleted by "staff"

I need to get short and concrete description how all system is expected to work. and I will let you know very soon if I will do it.
  • #16
  • Apr 25, 2017 2:22am Apr 25, 2017 2:22am
Quoting dareking
Hello to all, i want to change indicator to EA, Indicator Chart. {image} Please help. Indicator setting {image} {image} {image} I m uploading template with Indicator, {file}
Hi dareking, can you help me change this indicator to EA, to work on all TF, cancell the last order when new order appears. TP and SL
Attached File(s)
File Type: mq4 Excell.mq4   9 KB | 722 downloads
  • #17
  • Aug 14, 2019 12:35pm Aug 14, 2019 12:35pm
can any one make a ea please with
CMF Indicator with level and period that can be changed
Ema setting can be changed
Aroon up and down Setting cane be changed
Absolute strength histogram setting cane be changed
Volume or volatility indicator with setting
Atr for stop loss and take profit with trailing stops
and atr reading showing on the chartfor that ea
Ea can trade on all 28 pairs if attached to one chart
All these indicators should be incorporated in one ea
Please forgive me if i am asking too much
Thany you all in advance
  • #18
  • Last Post: Mar 28, 2020 8:47pm Mar 28, 2020 8:47pm
Quoting dareking
Hello to all, i want to change indicator to EA, Indicator Chart. {image} Please help. Indicator setting {image} {image} {image} I m uploading template with Indicator, {file}
i can do this , how much is your budget bro ?
0 traders viewing now