Guys and Gals,
Need a simple E.A. made. If it is made, It can become a pip monster.
Here is what it needs to do: Using the format for the Eagle, putting a 9 SMA & 100 SMA on a 4 hour chart.
E.A. must be set up to Buy when a Full green candle closes above the 9 SMA and target 20 (variable) with a 20 (variable) stoploss.
E.A. must be set up to sell when a Full Red candle closes below the 9 SMA with the same targets.
It would take profit from 1/2 and move stop to B/E, then a trailer to move trailing stop up 50 after every 50 pips gained.
Also set it up to buy or sell only when the angle of the 9 SMA is above 30 degrees.
Backtest this guys and you will see what I mean.
Any comments would be appreciated.
Jim
Need a simple E.A. made. If it is made, It can become a pip monster.
Here is what it needs to do: Using the format for the Eagle, putting a 9 SMA & 100 SMA on a 4 hour chart.
E.A. must be set up to Buy when a Full green candle closes above the 9 SMA and target 20 (variable) with a 20 (variable) stoploss.
E.A. must be set up to sell when a Full Red candle closes below the 9 SMA with the same targets.
It would take profit from 1/2 and move stop to B/E, then a trailer to move trailing stop up 50 after every 50 pips gained.
Also set it up to buy or sell only when the angle of the 9 SMA is above 30 degrees.
Backtest this guys and you will see what I mean.
Any comments would be appreciated.
Jim