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Attachments: EA for mad (moving average delta)
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EA for mad (moving average delta)

  • Post #1
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  • First Post: Edited at 6:04pm Jan 27, 2011 5:31am | Edited at 6:04pm
  •  fx21
  • | Joined Feb 2008 | Status: Member | 123 Posts
Hello everyone,

On Jan 18 2011, I made a request for adding audible alert for Moving Average Delta indicator (mad). Please refer (Audible alert for (mad) Moving Average Delta indicator) thread by fx21.
CodersGuru and Hayseed responded. Hayseed added a code that exactly made the indicator perform like my request. Thanks Hayseed and CoderGuru.

Now I think I need help for this indicator to be made into an EA.
When it reach certain level say 300 or -300 it will automatically place an ask or bid order (buy or sell order) together with certain fixed Target Profit (TP) and Stop Loss (SL).

I hope CodersGuru or Hayseed or just anybody here can help me on this.

Thanks very much.
Attached File
File Type: mq4 fx21.mq4   3 KB | 361 downloads
-Azzity
  • Post #2
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  • Jan 29, 2011 12:07pm Jan 29, 2011 12:07pm
  •  hayseed
  • Joined Nov 2006 | Status: Member | 3,540 Posts
hey azzity...... from takin a look at some of you posts it appears you are know about ea's strengths and their weaknesses...... along with backtestings strengths and weakness's.......

//----

still, let me mention a few things......

anytime your wanting to get a true picture of a set of trading rules worth, always backtest it against some known and proven systems.....

the thought being to code a single ea that contains all systems.... backtest that master ea and evalulate the results..... do not taylor the profittarget and stoploss settings to give an advantage to any particular system within the master ea......

you can ball up a hundred systems in to one, shake'em up and let'em fight it out..... try to encode as many of those 97$ commercial systems as possible.....

then see how your rules stand against all others......

//---
//---

your indicator does quite well.... but i had to use 50 or 100 as the level..... not 300....... the ea below of course is just a stripped down no frills basic...... it should give you a start......

//----

i compared it to 5 other known systems in the manner described above..... your system was (1)..... (2) is a burgerking idea from long ago...... (3) is a wackena idea...... (4) and (5) are a couple of my versions of metaquotes contest ea's ...... and number 6 is fahrenheit 451...... number 6 always wins......

//---

your idea appears quite sound..... don't forget, the ea as posted is absolutely basic, you'll need to beef it up...... beware of daisy chaining orders.......h
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File Type: mq4 fx21.mq4   4 KB | 442 downloads
to trade and code, keep both simple... no call to impress....h
 
 
  • Post #3
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  • Last Post: Feb 10, 2011 8:52am Feb 10, 2011 8:52am
  •  fx21
  • | Joined Feb 2008 | Status: Member | 123 Posts
Quoting hayseed
Disliked
hey azzity...... from takin a look at some of you posts it appears you are know about ea's strengths and their weaknesses...... along with backtestings strengths and weakness's.......

//----

still, let me mention a few things......

anytime your wanting to get a true picture of a set of trading rules worth, always backtest it against some known and proven systems.....

the thought being to code a single ea that contains all systems.... backtest that master ea and evalulate the results..... do not taylor the profittarget and stoploss...
Ignored
Hello Hayseed,
Sorry for late reply. My computer broke down a couple of days after I made the request. Only today I can get online back again. I will take a look at the EA you coded. Thank you very much for your reply and effort.
-Azzity
 
 
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