Hello coders, would it be possible to code an EA that uses a moving average to open a position when the price touches it, basically, for a long, price would be higher than the MA then a retrace hitting the MA would open the position, same would be true for short position but price below and retraces back.
For all MA's to be used,
Period
Sleep (so multiple positions cannot be taken in one direction)
Lots
In general the EA would be inactive (auto trading off) until the user identified a forming trend, at this point auto trading would be switched on.
This method would be similar to the "pinball strategy" that I think Linda Radford (think I'm right) mentions in "market wizards", someone may correct me, so would it be possible, thanks Detector
If this is available already could someone let me know
For all MA's to be used,
Period
Sleep (so multiple positions cannot be taken in one direction)
Lots
In general the EA would be inactive (auto trading off) until the user identified a forming trend, at this point auto trading would be switched on.
This method would be similar to the "pinball strategy" that I think Linda Radford (think I'm right) mentions in "market wizards", someone may correct me, so would it be possible, thanks Detector
If this is available already could someone let me know
I don't need to be good at the game, only good enough to beat my opponent,