I Will Code Your Profitable Strategy

A person with profile name risklesspips going by the name of charles from Kenya,(Jambo) posted a request for an EA to be done for a system he calls
Gravy train weather vanes. I am not able to start a EA from scratch. I take other work and modify them. Anyway I have modified an EA to the system charles asked for and i have done a back test. It came out tops.

Enjoy
The file with the word library in it you put in the folder called include the other two files you put in folder called expert

I have recently started a new thread called Gravy Trains and Weather Vanes.

This is currently a manual method with use of MPTM to manage trades once they are live.

I am wondering if anyone would be interested in building an EA to automate the input of trades and remove the need for manual scripts ?

The spec is as follows

The EA would take as user input variables :

(1) Number of pips for determining if a trade has broken even (This would be the same number as pips BE in MPTM)
(2)Trade management by comment and / or number
(3)Lot size for additional trades

Processing - With great apology for my pseudo code
The EA would poll managed trades (2) above and

For all open sell trades
..If Entry Price > Ask - BE Pips (i.e sell trade has broken even)
....If no sell trade exists at a lower bid price
......add a new sell trade at market price with lots (3) above
....else
......do nothing
..else
....do nothing
end for loop


For all open buy trades
..If Entry Price < Bid + BE Pips (i.e buy trade has broken even)
....If no buy trade exists at a higher ask price
......add a new buy trade at market price with lots (3) above
....else
......do nothing
..else
....do nothing
end for loop

In both cases the trades would be added with the management comment so that once live MPTM can manage them for BE, SL and TP.

I hope I have captured the requirement which essentially is to have one new open buy or sell trade as each previous buy or sell achieves break even.


Edit - This EA can add a lot of trades so a switch to turn it on and off would be required.
Trading is a mind game - good job I have a brain

hellow candyman i have good ea but it's want more modified can pm contack me

here is more from charles
Starting today I will serialize the user manual for Gravy Trains and Weather Vanes (GT&WV)

The purpose for this approach is simple: - As we develop the approach in bite sized installments I am looking for you to speak up with concerns and any other comments so we can build a robust methodology that achieves the stated aim in post 1 above. For such comments and observations I will be grateful. http://www.stevehopwoodforex.com/php...ilies/good.gif

Preamble

Gravy Trains and Weather Vanes (GT&WV) is a Forex trading method some may call it a strategy but the name is unimportant.

What is important is that GT&WV is designed to perform one function and perform it profitably AND consistently. That function is to generate an income for the trader.

Simple concept yet difficult to achieve in practice, let’s see how well we do.

Prerequisites

Trading account – This method has been tested on both spread and ECN (Commission) brokers. Choose your preferred market intermediary and test on their demo accounts before making decisions about going live !!

Account type – This method has been trialled on accounts with 1:100 and 1:500 leverage with an initial balance of 500 USD.

There is a slight difference in the operation of the two account types because of the number of trades that may be indicated by price once the method is initiated.

Indicators – Two exponential moving averages (on closing prices) for each chart and TF traded.

H1 timeframe – I use a long EMA of 24 periods (1 day) and a short EMA of 8 periods (1 working day)

D1 timeframe - I use a long EMA of 30 periods (1 month) and a short EMA of 5 periods (1 week)

Expert advisors – Steve Hopwoods’ MPTM – available on this site.

The setfiles I use are described in the relevant section below. They are attached to the thread post 1.

Scripts

I use 6 scripts to place trades as and when directed by Price. 3 for long trade variants (stops and market orders) and the same for short trades.

Time – This is not an “occasional’ trader’s tool ! You need to commit to managing and actively monitoring your trades with this method. Earning a living in Forex is a job – treat it as such.

This does not mean you will be stuck in front of your monitor 24/7. On the higher TF’s you may get away with a quick peek at your charts once an hour. On the D1 once a day may be sufficient. However, this infrequent review of charts is mandatory – you must be in place when price tells you it is time to act !

Traded Currency Pairs

I only trade the majors, specifically :

AUDJPY
CHFJPY
EURGBP
EURUSD
GBPUSD
USDCAD
USDJPY

Trading other pairs may work differently – testing is required !

Environment Setup

Hello candyman752 i have a strategy and want to make EA on this strategy.
all martingle ea doing work on live price exampale when market EU 1.1500 then ea open a sell order 0.01 after then martingle like this .......
1.1500 sell 0.01
1.1510 sell 0.02
1.1520 sell 0.04
1.1530 sell 0.08
1.1540 sell 0.16
1.1550 sell 0.32
1.1560 sell 0.64
1.1570 sell 1.28.................. right

but my strategy is diffrent. i want same martingle ea but with open only PENDING ORDER example ..........................

Price
1.1500 open sell 0.01
1.1515 SELL STOP at 1510 0.02
1.1525 SELL STOP at 1520 0.04
1.1535 SELL STOP at 1530 0.08
1.1545 SELL STOP at 1540 0.16
1.1555 SELL STOP at 1550 0.32
1.1565 SELL STOP at 1560 0.64
1.1575 SELL STOP at 1570 1.28
just a simple language i need ea which is open pending order behind the market price .

Hellow hitan234,

I would need the following information.
1- how you generate a signal. what are the conditions for a buy signal?
what do you use to tell you to open a buy.

2- what are the conditions you have to add another trade.

thats all.

Do you want the EA to open the sell or you do it manually? if EA opens tellme the conditionsto open

Surinder,
make sure magic number is zero it will control all open orders.
make sure the input in the EA immediatemarketordersis false. the ea will not open the first order you have to do it manually.
after you open an order manually it will then send pending orders according to what you have stated. let us know your results

the file with the word library you put in the folder called include. the other files you put in the expert folder

update

update. i startegy tested found some bugs.i need help coders.

it soemtimes deletes pending orders immediately they are sent out.

I just found this trading system on forex faactory, It is Oritz 4hrs Strategy and is at this link
https://www.forexfactory.com/showthread.php?t=449865
It looks like it may be good one. Could you code it in to a EA?
Hello fellow traders,
Thank
Barry

Oritz 4hrs Strategy
First, let me thank Forex Factory for providing a great forum for every trader to share profitable trading strategies. I have a regular job hence I trade 4hrs chart mostly and after several years of trying I seem to have found some profitable strategy with rather simple indicators.

However, I miss most good trade entry signals while I am either sleeping or doing my regular day job and my emotions sometimes get in the way when I want to enter trade later. Please I need an EA of this simple strategy and I have attached the custom Bollinger Bands_stop_v2 indicator. The other indicators are the Commodity Channel Index (CCI) and Relative Strength Index (RSI). A screenshot is also attached.

Entry:
1. The main trigger is CC1 (40 period, typical price) crossing up/down zero for buy/sell respectively.
2. Filter the entry with RSI (20 period, typical price) above 54/below 46 for buy/sell respectively.
3. And (or) Filter with the attached Bollinger band_stop (20 period, 1.0 deviation) when it turns blue/red for buy/sell respectively.

Exit:
1. Use the reverse signal of CCI (40 period, typical price) and/or
2. The reverse of RSI (20 period, typical price) (the RSI is when it reverses and cross above/below 50 for exiting a sell/buy respectively) please not that it does not use the 54/46 rule for exit, this is very important.
3. The reverse of Bollinger band_stop blue and red colours.

Please note that the trigger and filters are effective after the close of the candle. Add money management like breakeven, trailing stop and if possible a 3 level lock profit to maximize profit taking. With this money management, you can have a 1:3 return ratio comfortably.

In the attached screenshot, you can see how the filters where able to avoid false trades at the right hand side of the screenshot. While this strategy is not the holy grail but it seems to work for me as I also manually adjust the Take Profit with the weekly pivot.

Please anyone with good programming knowledge should please help me and other traders that might find the strategy useful.

Thank you in advance.
Attached Image (click to enlarge)
https://www.forexfactory.com/attachm...1&d=1380365008
Attached File

If I ask u to code my lucrative strategy then u may know,my winning strategy no??

he he he. funny. Iloveto share

that one is too complex for me. keep it simple moving averages or price based strategy.by price strategy i mean price has moved 15 pips over the past 15 minutes place a buy.