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Profitable trading system (Need EA to be written) 16 replies

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Need Simple EA written

  • Post #1
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  • First Post: Jun 26, 2008 3:44pm Jun 26, 2008 3:44pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
Could i talk someone into writing a simple ea. Here is what i want it to do

on Daily chart when new candle opens i want it to open 2 pending orders
I want one buy order placed 10 pips above previous days close and one sell order placed 10 pips below Previous close.

I want it to open 2 lots per side.

MM: 50 pip stop. Take Profit #1 :50 pips then move other stop to break even and 2nd take profit at 100 pips.

If one of the orders is triggered i want it to cancel the other.
( if the buy is triggered, cancel the sell order)

Can someone write this up for me?
  • Post #2
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  • Jun 26, 2008 3:57pm Jun 26, 2008 3:57pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
oh yea, if no trade is made that day then close those 2 pending orders and start over.
 
 
  • Post #3
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  • Jun 26, 2008 4:06pm Jun 26, 2008 4:06pm
  •  syanwar
  • | Joined May 2007 | Status: Motivated by the fear of mediocrity | 149 Posts
let see if i can code it for you. should i post this strategy ea here?
Keep your hands up, and use your pant! - FxMatics
 
 
  • Post #4
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  • Jun 26, 2008 4:21pm Jun 26, 2008 4:21pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
Sure i have no problem with that
and if anyone wants to throw there 2 cents in how how to possibly improve feel free.

This is just a idea i had and wanted to see how a backtest performed. could you make the stoploss and take profits varialbes so it will be easy to change to see how it would perform? also you could make the time frame a variable. i don't know how easy that stuff is. just a thought

oh yea, THANKS A MILLION BY THE WAY!!!!
 
 
  • Post #5
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  • Jun 26, 2008 4:25pm Jun 26, 2008 4:25pm
  •  syanwar
  • | Joined May 2007 | Status: Motivated by the fear of mediocrity | 149 Posts
all of those setting matters will be in EA input parameter. don't worry, i event can code your strategy without knowing your strategy parameters.

just need the logics, and you can optimize it later. be right back ASAP.
Keep your hands up, and use your pant! - FxMatics
 
 
  • Post #6
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  • Jun 26, 2008 4:42pm Jun 26, 2008 4:42pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
after we see how this goes, i wouldn't mind looking into using a trailing stop. instead of hard targets. just a thought. what do you think???
 
 
  • Post #7
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  • Jun 26, 2008 5:28pm Jun 26, 2008 5:28pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
may also want to put in there some type of risk tolerance that can be changed. i like to use anywhere to 5% and under of account balance. that would be a nice feature to have as well. just another thought. what do you think?
 
 
  • Post #8
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  • Jun 26, 2008 7:05pm Jun 26, 2008 7:05pm
  •  syanwar
  • | Joined May 2007 | Status: Motivated by the fear of mediocrity | 149 Posts
EA Input Parameters:
<< Strategy Setting >>

  1. TimeFrame

Time Frame initiation; 0= Current chart Time Frame, 1=M1, 2=M5, 3=M15, 4=M30, 5=H1, 6=H4, 7=D1, 8=W1, 9=MN1. More than 9 = 0.

  1. PendingDistant = Pending orders distant from previous price close;
  2. InitStopLoss = Initial Stop Loss;
  3. FirstLots = First Lots to close on First Target;
  4. FirstTarget = First Target distant in point from open price;
  5. SecondLots = Second Lots to close on Second Target;
  6. SecondTarget = Second Target distant in point from open price;

<< General Setting >>

  1. Slippage = Maximum point deviation from quoted price you will take on sending orders;
  2. MagicNumbers = This Expert Advisor identical numbers, so it will not mess your manual order(s) or other EA order(s);

Attached File(s)
File Type: zip Straighthold Trader.zip   23 KB | 216 downloads
File Type: ex4 jtmoore007-2B2-v10.ex4   8 KB | 194 downloads
Keep your hands up, and use your pant! - FxMatics
 
 
  • Post #9
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  • Jun 26, 2008 7:10pm Jun 26, 2008 7:10pm
  •  syanwar
  • | Joined May 2007 | Status: Motivated by the fear of mediocrity | 149 Posts
Quoting jtmoore007
Disliked
after we see how this goes, i wouldn't mind looking into using a trailing stop. instead of hard targets. just a thought. what do you think???
Ignored
I think you have to make a stable strategy details before you ask people help for free here.

It's better, so your helper not recodes and/or rearrange his/her algorithm in his/her head as often as you find a holy ideas.

If it is your first time, I'll give you a try. But, please make your wish in a document, and post it.
Keep your hands up, and use your pant! - FxMatics
 
 
  • Post #10
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  • Last Post: Jun 26, 2008 8:13pm Jun 26, 2008 8:13pm
  •  jtmoore007
  • | Joined Jun 2008 | Status: Member | 792 Posts
oh sorry about that. its no big deal. you don't have to unless you want to. thanks a million for your helping me out. i really appreciate it. hope it can make us both some money. thanks again. and im not trying to make it hard on ya i was thinking of things and putting them out there. but again thanks a bunch. i really appreciate your hard work.
 
 
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