Looking for stop and reverse EA

Does anyone have a stop and reverse EA? NOT Martingale. Fixed lot size or at least that option. I have traded that way on several pairs with consistent results. Manually it can be time consuming. Ideally the spacing can be fixed or even better a percentage of ATR. What I want to build into it is when a reversal order gets hit X times, the grid gets moved to straddle the last order hit. It keeps it from getting chewed up during consolidation. Works manually. As well as a time function to start and stop trading during certain times of the day. Then eventually a function to take fractals into account when placing new orders. Kind of a dynamic moving grid. Anything will help since my coding skills are lacking . I have a couple grid EAs but nothing I can work with without basically redoing them. Thanks.

Amazing. I can run a Google search and find an EA that will place trades when I fart, but no one has a simple stop and reverse. :surprised

Search for Trendhugger, TradeSlope, and any MA crossover.

I have a really GOOD one. If you wanna more information, please let me know !

Tks

Don't want to ask anyone to give up something they have worked hard on. Unless you want to . I just figured there had to be a simple stop and reverse EA floating around out there. It would save me some work since I am coding challenged. If anyone is interested in working on this with me, just chime in. If I can get it to trade like I do manually it would be profitable across many pairs. Spacing is crucial. During consolidation it generally breaks even or takes only small losses and then rakes it in on even moderate moves. Anyway, guess I will start hacking away.

Hmm, I've tried a few SaR EAs and they always perform rather poorly. Ever seen one that managed to make money over a long enough test?

I wrote a quick one that uses an HMA for the initial trend, Highest ATR in the last 5 days as the SL and uses the same for a trailing SL. Reverses if there's been any stopped trades over the last day and we're currently at 0 trades.

Backtest results for EURUSD from Jan 07 to Jan 08:

Bars in test 2570
Ticks modelled 1623036
Modelling quality 50.00%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit -629.20
Gross profit 6124.53
Gross loss -6753.73
Profit factor 0.91
Expected payoff -5.52
Absolute drawdown 1651.27
Maximal drawdown 2321.75 (21.76%)
Relative drawdown 21.76% (2321.75)
Total trades 114
Short positions (won %) 57 (28.07%)
Long positions (won %) 57 (40.35%)
Profit trades (% of total) 39 (34.21%)
Loss trades (% of total) 75 (65.79%)
Largest
profit trade 627.93
loss trade -199.85
Average
profit trade 157.04
loss trade -90.05
Maximum
consecutive wins (profit in money) 3 (551.98)
consecutive losses (loss in money) 7 (-737.96)
Maximal
consecutive profit (count of wins) 744.91 (2)
consecutive loss (count of losses) -737.96 (7)
Average
consecutive wins 1
consecutive losses 3

....

Doesn't look great. Not sure how I'd improve it, either.

Sounds like your spacing was way too big. Spacing is crucial. Much smaller than you'd think it should be. Plus adjusting the grid during consolidation is very important to maintain low drawdown. Want to share your EA? It would give me a good starting point.

Hmm, ok. Not sure I'm following... spacing? Between trades? It should be instant. Looks instant in the backtests, but that's easy to misread.

PM me, I'll send you what I have. No idea if it's anything close to what you're looking for tho.

First off, you're in the wrong section of the forum for this question. You should have posted this in the Meta Trader section.

Secondly, there are boards that specialize in EAs like forex-tsd.com, that are better suited to your question.

Hope this helps.

It was originally posted there but someone moved to the beginner forum. Take up the issue with the moderators if you have a problem with that.

stop and reverse?

this is really a pretty simple EA to write.

it shouldnt take more than a couple of days to spit this out, maybe less.

zero/.