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Gridtrading with EMACROSS

  • #1
  • First Post: Sep 30, 2006 6:25pm Sep 30, 2006 6:25pm
<tt><tt>Hi folks,

I have agreat idea concerning grid trading. I tested it manually the
last
weeks and it works great. It is quite simple, it works with EMA Crosses
and
the WMA.

I use the EMA 5 and EMA 12 on timeframe H4, if there is a cross grid
starts
trading in trend direction. Now the grid opens orders till the WMA 5
crosses
the slow EMA (12) then opens no new orders. If the WMA crosses back the
slow EMA the grid continues opening orders.

If there is a new EMA Cross all remaining open orders and positions
from
previous grid are closed and the grid is starting trading in the other
direction.

Also please see the attached pics, then it should be clearly...

I watched the signals on GBP/JPY, GBP/CHF, NZD/USD, GPB/USD. These are
strong trending pairs, here the grid should work best.

In choppy markets the grid should handle it around break even, or with
small
profits or losses, you can imagine what happend in trending markets


So now the problem is that i have no EA to trade it automatically, that
would be more stressfee. I attached a grid with witch i simulated the
trading but have no idea to code this functions in it.

This grid have very much functions they are simply not not needed for
this
strategy, only the EMA Cross with the WMA.

May be somebody can help me to code this. Also ideas to improve this
strategy are welcomed...

Thanks for your help,

mr.trader</tt></tt></pre>
Attached File(s)
File Type: zip Gridcross.zip   58 KB | 728 downloads
  • #2
  • Sep 30, 2006 6:26pm Sep 30, 2006 6:26pm
Hello again
  • #3
  • Edited Oct 3, 2006 1:30pm Oct 2, 2006 4:59pm | Edited Oct 3, 2006 1:30pm
LOL. The vanishing thread has reappeared.

I do have one clarifying question. You state and EMA cross? and a WMA?

So you have on your chart:

5 EMA
12 EMA
5 LWMA ??? I don't see the code for a WMA in MT4. Only the SMA, EMA, SMMA, LWMA
  • #4
  • Oct 2, 2006 5:15pm Oct 2, 2006 5:15pm
Quoting mr.trader
<TT><TT>Hi folks,

I have agreat idea concerning grid trading. I tested it manually the
last
weeks and it works great. It is quite simple, it works with EMA Crosses
and
the WMA.

I use the EMA 5 and EMA 12 on timeframe H4, if there is a cross grid
starts
trading in trend direction. Now the grid opens orders till the WMA 5
crosses
the slow EMA (12) then opens no new orders. If the WMA crosses back the
slow EMA the grid continues opening orders.

If there is a new EMA Cross all remaining open orders and positions
from
previous grid are closed and the grid is starting trading in the other
direction.

Also please see the attached pics, then it should be clearly...

I watched the signals on GBP/JPY, GBP/CHF, NZD/USD, GPB/USD. These are
strong trending pairs, here the grid should work best.

In choppy markets the grid should handle it around break even, or with
small
profits or losses, you can imagine what happend in trending markets


So now the problem is that i have no EA to trade it automatically, that
would be more stressfee. I attached a grid with witch i simulated the
trading but have no idea to code this functions in it.

This grid have very much functions they are simply not not needed for
this
strategy, only the EMA Cross with the WMA.

May be somebody can help me to code this. Also ideas to improve this
strategy are welcomed...

Thanks for your help,



mr.trader</TT></TT>





</PRE>
Mr. Trader,


You might want to look at the new EA posted called "Flyer". This is based on EMA crosses with WMA crosses. I just started testing it today. Shows lots of promise but needs tweaking to properly enter and exit postions.

1Trader2
  • #5
  • Oct 3, 2006 7:50am Oct 3, 2006 7:50am
Well the important thing is that i wanted to have an modified GridEA. Actually the 5 and 12 ema is the entry but in original version the JMA is very important because it stops the gridding before the market turns sharply. However its not allowed to post the JMA indicator. Wma is similiar but JMA is definitevely better. I hope we can modify the EA you gonna post. Thanks
  • #6
  • Oct 3, 2006 7:53am Oct 3, 2006 7:53am
Moderator Note:

If you were to get Dr. Jurik's written ok to post his Copyrighted Moving Average. indicator, then it would be fine to post it.

Thanks Scott


Quoting mr.trader
Well the important thing is that i wanted to have an modified GridEA. Actually the 5 and 12 ema is the entry but in original version the JMA is very important because it stops the gridding before the market turns sharply. However its not allowed to post the JMA indicator. Wma is similiar but JMA is definitevely better. I hope we can modify the EA you gonna post. Thanks
  • #7
  • Oct 3, 2006 8:53am Oct 3, 2006 8:53am
Without getting into trouble w/Mr.J, if one compares the action of a LWMA and a JMA to price, especialy when talking about such short MA periods, they appear to be very close, close enough for the LWMA to be a valid replacement for the JMA.
  • #8
  • Last Post: Jan 27, 2022 2:21am Jan 27, 2022 2:21am
hi i have try to use this ea but i get this error


')' - syntax error, parameter missed MakeGrid193MACD(2).mq4 398 15



can someone please check it ...


Regards
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