I am looking for an EA utilizing three indicators: 1) 3_Level_ZZ_ Semafor and 2) the NonLagMA_v7.1, and 3) Stoch (21,5,3).
The entry is based on the following criteria:
1. Wait for the 3_Level_ZZ_Semafor indicator #3 to appear (Period 1 = 0, Period 2 = 0, Period 3 = 34).
2. Wait for NonLagMA to match the direction of the trade.
3. Wait for the Stoch fast line >20 for a long and <80 for a short.
Stop = use the low of the 3_Level_ZZ_ Semafor candle for a long, minus 10 pips, and use the high of the candle for a short, plus 10 pips. Also, the ability to move the stop to breakeven after a +25 pip move.
Target = the opposite 3_Level_ZZ_ Semafor appearing.
Of course, the 3_Level_ZZ_ Semafor repaints which prevents reliable backtesting, but I have been maually paper trading with much success using multiple currency pairs on the H1 MetaTrader chart.
Thanks in advance for your consideration... steve
The entry is based on the following criteria:
1. Wait for the 3_Level_ZZ_Semafor indicator #3 to appear (Period 1 = 0, Period 2 = 0, Period 3 = 34).
2. Wait for NonLagMA to match the direction of the trade.
3. Wait for the Stoch fast line >20 for a long and <80 for a short.
Stop = use the low of the 3_Level_ZZ_ Semafor candle for a long, minus 10 pips, and use the high of the candle for a short, plus 10 pips. Also, the ability to move the stop to breakeven after a +25 pip move.
Target = the opposite 3_Level_ZZ_ Semafor appearing.
Of course, the 3_Level_ZZ_ Semafor repaints which prevents reliable backtesting, but I have been maually paper trading with much success using multiple currency pairs on the H1 MetaTrader chart.
Thanks in advance for your consideration... steve
Attached File(s)
3_Level_ZZ_Semafor.mq4
8 KB
|
13,777 downloads
NonLagMA_v7.1.mq4
6 KB
|
9,029 downloads
|
Uploaded Jan 15, 2010 2:57pm
Stochastic.mq4
4 KB
|
5,607 downloads
|
Uploaded Jan 15, 2010 2:57pm