MA & Stochastic EA | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Help regarding MACD, Stochastic, RSI & Divergence 32 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Stochastic divergence indicator with stochastic cross? 0 replies

Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound 1,761 replies

Support & Resistance (RSI, Stochastic) System 3 replies

Attachments: MA & Stochastic EA
Exit Attachments

MA & Stochastic EA

  • #1
  • First Post: Aug 1, 2011 7:14am Aug 1, 2011 7:14am
Hi,

I'm hoping someone here can help point me in the right direction, I should point out that I have no clue about how to even start writing an EA but am hoping to learn.

What I'm looking to do is having a 50ema & Stochastic on the chart & for the EA to open a buy order when the ma is slopping up & the stochastic breaks out from oversold & to open a sell order when the ma is slopping down & the stochastic breaks out from overbought with the ability to define and change if needed lot sizes, stop loss & take profit. Can anyone tell me if this is a hard task to undertake and hopefully point me in a direction of where's best to learn how to write this.

Thanks for any help you can give
  • #2
  • Oct 4, 2011 6:47pm Oct 4, 2011 6:47pm
Try this.

The EA needs All Averages in your indicators folder; you do not need it on the chart. If you drag it onto the chart for visual confirmation, remember to change the MA_Period to 50 and MA_Method to 1 (EMA). All Averages is an indi we have started using in the Spider thread, so read about it in post 1 of that thread - http://www.forexfactory.com/showthread.php?t=313680. Its big advantage here is that it gives both a value and a slope - down is brown whilst up is green. This makes slope detection easy to code.

Other inputs are my usual ones. 'Real' tp/sl are represented by the green/red dotted lines on your chart. The 'hard' sl/tp are sent HiddenPips beyond these lines.

All the other inputs are the usual suspects - read around my threads if you are unfamiliar with any of them.

Have fun.

Attached File(s)
File Type: mq4 Ben's Stochastic EMA auto trading robot by Steve Hopwood.mq4   49 KB | 2,076 downloads
File Type: mq4 AllAverages_v2.1 cc.mq4   15 KB | 1,567 downloads
  • #3
  • Oct 5, 2011 1:46am Oct 5, 2011 1:46am
Thank you so much for this, it's amazing & exactly what I was looking for

I've tried it on a couple of trades this morning & it works just as if I was manually opening the trades, thanks again
  • #4
  • Oct 5, 2011 3:00am Oct 5, 2011 3:00am
Quoting burn
Thank you so much for this, it's amazing & exactly what I was looking for

I've tried it on a couple of trades this morning & it works just as if I was manually opening the trades, thanks again
Excellent.

  • #5
  • Oct 7, 2011 1:43am Oct 7, 2011 1:43am
Hi Steve,

I'm having a small problem with the EA, it's finding & opening the trades properly but it's also opening and then closing almost immediately lots of other trades (146 in 11 mins) all seemingly for the slight loss of the spread, I've tried changing the settings on the EA to see if this makes any difference but it all stays the same, I was just wondering if you had any ideas what could be causing this?

Thanks again for your help
  • #6
  • Oct 7, 2011 5:17am Oct 7, 2011 5:17am
It is difficult to diagnose and fix a problem that has not occurred on my demo.

This looks like a Stealth problem. It looks as though the bot is opening a trade, finding the trade is the wrong side of the sl line and closing it, then finding that conditions are good for trading and sending a trade.............

I have recoded so that turning HiddenPips to 0 turns off Stealth and leaves the trades to hit their hard tp/sl. Try doing this and see if the problem recurs.

I have this EA on demo; it has made an excellent start.

Attached File(s)
File Type: mq4 Ben's Stochastic EMA auto trading robot by Steve Hopwood.mq4   48 KB | 1,378 downloads
  • #7
  • Oct 7, 2011 6:30am Oct 7, 2011 6:30am
Excellent, thanks Steve. I'll download it when I get home from work but probably won't be able to try it out until next week now. I'm glad it's working well for you, just out of curiosity have you kept it on the 30min charts or have you tried different TF as well?
  • #8
  • Oct 7, 2011 7:15am Oct 7, 2011 7:15am
Quoting burn
Excellent, thanks Steve. I'll download it when I get home from work but probably won't be able to try it out until next week now. I'm glad it's working well for you, just out of curiosity have you kept it on the 30min charts or have you tried different TF as well?
M30, 40 sl, 20 tp as per your post 1.

I think it is time to bring this ea to wider attention. If I post a link in one of my threads and post updates here, they will get lost if the tread attracts serious attention.

If it is ok with you, I will start my own over the weekend - the FF Brains Trust often have terrific ideas and the bot would be more easily found.

  • #9
  • Oct 7, 2011 9:18am Oct 7, 2011 9:18am
Quoting SteveHopwood
M30, 40 sl, 20 tp as per your post 1.

I think it is time to bring this ea to wider attention. If I post a link in one of my threads and post updates here, they will get lost if the tread attracts serious attention.

If it is ok with you, I will start my own over the weekend - the FF Brains Trust often have terrific ideas and the bot would be more easily found.

I think that's a good idea, I was going to give it a week or so to see how it was going & start a thread myself, but I'm sure it would get more serious attention if it was a thread you had started instead. I'm hoping this has some good potential
  • #10
  • Oct 8, 2011 12:42am Oct 8, 2011 12:42am
Quoting SteveHopwood
It is difficult to diagnose and fix a problem that has not occurred on my demo ........

I have this EA on demo; it has made an excellent start.

Hello Sir,

I have been testing this since I have my own manual strategy with something similar.

I am not very familiar with mql4, or robots when it comes to trading, but I was looking at the code and think I may have found a typo?? I prefer other Stochastic settings, and want to use LWMA for the ma method. I normally enter 3 for LWMA, but you have this in the code:


Inserted Code
extern string  mam="0=Simple: 1=Exp: 3=Smooth{ 4=Linear";
extern int     MaMethod=0;
Did you mean this?

Inserted Code
extern string  mam="0=Simple: 1=Exp: 2=Smooth: 3=Linear";
extern int     MaMethod=0;
If I am wrong, please disregard.

Thank you.
  • #11
  • Oct 8, 2011 2:58am Oct 8, 2011 2:58am
Quoting fxtrade13
Hello Sir,

I have been testing this since I have my own manual strategy with something similar.

I am not very familiar with mql4, or robots when it comes to trading, but I was looking at the code and think I may have found a typo?? I prefer other Stochastic settings, and want to use LWMA for the ma method. I normally enter 3 for LWMA, but you have this in the code:


Inserted Code
extern string  mam="0=Simple: 1=Exp: 3=Smooth{ 4=Linear";
extern int     MaMethod=0;
Did you mean this?

[code]
extern string mam="0=Simple: 1=Exp: 2=Smooth:...
Yep, it is a typo. Cheers.

  • #12
  • Oct 10, 2011 12:04pm Oct 10, 2011 12:04pm
I'm trying to make the trailing stop to work but can't.

I set TrailingStop=True
TrailingStopPips=20

The EA does display " Trailing stop set to 20 pips.", but it does not trail.

I've tried it with both TakeProfit=20, and Takeprofit=0, either way it does not trail. All I've tried does not work. The profitability would increase a lot by trailing.

Anyone?

Thanks.
  • #13
  • Oct 10, 2011 2:05pm Oct 10, 2011 2:05pm
Quoting fxtrade13
I'm trying to make the trailing stop to work but can't.

I set TrailingStop=True
TrailingStopPips=20

The EA does display " Trailing stop set to 20 pips.", but it does not trail.

I've tried it with both TakeProfit=20, and Takeprofit=0, either way it does not trail. All I've tried does not work. The profitability would increase a lot by trailing.

Anyone?

Thanks.
I forgot to explain that this is handled by Stealth.

  • #14
  • Last Post: Oct 28, 2023 2:50am Oct 28, 2023 2:50am
hi sir can u edit this ea as it is not opening trades in stochastics crossing 50ema

its stoploss cant b put less than 10pips, i want it 0.01micropip as well stoploss, it should have no bar in value stoploss, multiplier as martingale, EA should never open buy or sell trade without crosses, and if in m1 it should open trades in crosses of m1 timeframe only, if in m5 than only m5 crosses as i will tally its trades with visual installing stochastics and ema so it can be tested and make sure it is not opening wrong crosses trades,
open buy when stochastics crosses 50ema uP and close that buy order when stochastics crosses 50ema down, for sell condition is open sell when stoch crosses 50ema down and close the order when stoch crosses back ema UP, add multiplier for martingale ,data on screen (like drawdown opened order equity loss profit etc on mt4 chart live display, thats all. thanks
Attached File(s)
File Type: txt StochEmaCrossFiverr.txt   11 KB | 254 downloads
0 traders viewing now