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Trying to Build an EA

  • #1
  • First Post: Jun 30, 2021 9:46am Jun 30, 2021 9:46am
I'm trying to build an EA on one of those free sites, but running into a snag. The strategy is simple - if price is above 100EMA and MACD value crosses and CLOSES over signal line, the EA takes a buy. Vice versa for sell. But for some reason the EA is taking trades immediately once it crosses the signal line - it's not waiting for it to close. Can anyone tell me what I did wrong? Pic attached...
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  • #2
  • Jun 30, 2021 10:12am Jun 30, 2021 10:12am
I don't know the site or the tool but looking at your rules, it appears the shift parameter being zero would probably refer to the current bar (the bar still forming). I'd say you want to refer to the previous bar (shift 1) to work with values of the just closed previous candle.

Regards, Paul.
  • #3
  • Jun 30, 2021 10:37am Jun 30, 2021 10:37am
Guys, this is not an advertisement, but just a free friendly advice. If you want to create EA first check https://www.mql5.com/en/code.
99.9% that it is already created and you can download it for free. If not pay 30$ for freelancer and that's it.

If you have created another one holy grail unique profitable strategy please check https://www.forexstrategiesresources.com/. And it is 100% that your unique strategy already exist.
Observer effect
  • #4
  • Jun 30, 2021 11:10am Jun 30, 2021 11:10am
Quoting pah
I don't know the site or the tool but looking at your rules, it appears the shift parameter being zero would probably refer to the current bar (the bar still forming). I'd say you want to refer to the previous bar (shift 1) to work with values of the just closed previous candle. Regards, Paul.
I think you are right. Thank you!

Quoting ryuryu
Guys, this is not an advertisement, but just a free friendly advice. If you want to create EA first check https://www.mql5.com/en/code. 99.9% that it is already created and you can download it for free. If not pay 30$ for freelancer and that's it. If you have created another one holy grail unique profitable strategy please check https://www.forexstrategiesresources.com/. And it is 100% that your unique strategy already exist.
Thank you for the advice.
  • #5
  • Last Post: Jul 1, 2021 9:11pm Jul 1, 2021 9:11pm
Quoting Nico1359
{quote} I think you are right. Thank you! {quote} Thank you for the advice.

If you are getting into forex learn about mql4/5.com as much as you can, you must. Show you the path it will, everything you will need will come from there. Frm programming to running EAs, to coding, to indicators and to finding the right programmer to work with.

Find many things you will, but be ware the dark side : https://www.mql5.com/en/code/7259
Learn, a forex trader must, unlearn and relearn he will.
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