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Moving Average EA

  • #1
  • First Post: Nov 12, 2018 3:53am Nov 12, 2018 3:53am
Hello house, i've been trading a new simple strategy based on exponential moving average i would like to automate

For buy: 40 Ema has to be above 200EMA to determine overall trend so we only look to take buy trades, at candle close above 40Ema a buy is triggered, with SL ,TP and trailing stops

For sell: 40 EMA has to be below 200EMA to show general downwards trend so we only take sell trades at candle close below 40 ema

we can set trade times, alerts and other functions as extras. thanks

i tried creating my self with but it just keeps taking more trades after tp hit or trade closed manually
  • #2
  • Nov 12, 2018 6:22am Nov 12, 2018 6:22am
You want lo look at Universal MA Cross by FireDavid thread at this forum, there you'll find what you need.
Best regards
  • #3
  • Nov 12, 2018 7:42am Nov 12, 2018 7:42am
Quoting AlienDog
You want lo look at Universal MA Cross by FireDavid thread at this forum, there you'll find what you need. Best regards
ive seen that ea before, it takes trades at price cross moving average, i want trades taken at candle close above both moving averages for long and below both moving averages for short..it could be i dont understand the input enough....please clarify if you know where am getting it wrong. thanks
  • #4
  • Nov 12, 2018 8:03am Nov 12, 2018 8:03am
Quoting amocfx
{quote} ive seen that ea before, it takes trades at price cross moving average, i want trades taken at candle close above both moving averages for long and below both moving averages for short..it could be i dont understand the input enough....please clarify if you know where am getting it wrong. thanks
The price moves above/bellow the 40 before the 40 crosses the 200. Or you want to buy every time the price dips bellow 40 and goes back up, while overall being above 200?
  • #5
  • Nov 12, 2018 8:23am Nov 12, 2018 8:23am
You need to use 3 MAs: EMA200, EMA40 and SMA1, EA will buy when SMA1 cross above EMA40 and if EMA40>EMA200 and the oposite for sell.
  • #6
  • Nov 12, 2018 8:40am Nov 12, 2018 8:40am
Quoting echo1
{quote} The price moves above/bellow the 40 before the 40 crosses the 200. Or you want to buy every time the price dips bellow 40 and goes back up, while overall being above 200?
i want to buy every time price dips below 40 and goes back up while overall being above 200...also i want the buy to only trigger when the candle closes above, not just when it crosses..thank you
  • #7
  • Nov 12, 2018 9:00am Nov 12, 2018 9:00am
Quoting AlienDog
You need to use 3 MAs: EMA200, EMA40 and SMA1, EA will buy when SMA1 cross above EMA40 and if EMA40>EMA200 and the oposite for sell.
i tried this setting earlier, it just keeps opening and closing orders at the cross of the 40EMA, i want it to only take trades at the close of the first candle up across the 40EMA....thanks again
  • #8
  • Nov 12, 2018 9:03am Nov 12, 2018 9:03am
Are yo using the Universal MA Cross?
  • #9
  • Nov 12, 2018 9:14am Nov 12, 2018 9:14am
Quoting AlienDog
Are yo using the Universal MA Cross?
yes this one attached,pls check if its different from the one you are recommending
Attached File(s)
File Type: mq4 UniversalMACrossEA.mq4   33 KB | 1,165 downloads
  • #10
  • Nov 12, 2018 9:42am Nov 12, 2018 9:42am
I think you need to set it up propperly the exit and entries condittions
Third MA = true
Confirmed on entry= true (with this ea only open trades at candle's close)
and finally the exit
Exit on cross= true or Pure SAR= true (your choice)
hope it helps
Regards

PS: I asume your ea is correct I didn't watch it
  • #11
  • Nov 12, 2018 9:57am Nov 12, 2018 9:57am
Quoting AlienDog
I think you need to set it up propperly the exit and entries condittions Third MA = true Confirmed on entry= true (with this ea only open trades at candle's close) and finally the exit Exit on cross= true or Pure SAR= true (your choice) hope it helps Regards PS: I asume your ea is correct I didn't watch it
i guess SAR means stop and reverse, pls what does this term mean
  • #12
  • Last Post: Nov 12, 2018 10:26am Nov 12, 2018 10:26am
I never used it, I think with it ea will keep trade open till TP or SL, I use stop and reverse true and exit on cross true.
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