Hi,
I wonder if anyone can tell me if this is possible. I use 5 min MA indicators on a 15 min chart and in an ideal world would like an EA to set buy limit (or sell) pending orders based on the MA 5 value (nothing else). As the price updates then cancel the prev pending order and open another one (in whatever direction I have set - buy/sell).
Keep going unitl it opens or I close it all off becuase I have changed my mind or direction has changed, in which case I would want to do the same again but the other way.
Essentially i want to get in at the MA5 line but I am either not quick enough or have requotes etc to contend with, re entering the pending order each time is tedious and time consuming.
Can this be done, and if so would someone be willing to code it for me/quote me to have it coded.
http://www.fxfisherman.com/forums/at...red-fxfish.gif
This is a 15 min GBPJPY from about 20 mins ago.
Green line is my shifted MA5, ignore my other lines, they are for my benefit, i am only interested in getting in on the green shifted MA5 line
The blue vertical line is where I decided it was time to place a sell.
As you can see the price was below MA5 but came back twice. That was where I wanted to enter, when it touched the green MA5.
The trouble is I can't be quick enough and things can happen, i.e it moves too quickly, price requotes and it is too late or I jump in too quick and get stopped out. An EA will remove this bit of emotion for me and help me improve.
Also as you can see, if I missed the first entry its an hour before another one came along. I can't watch for this amount of time and it could start to go the other way. If that happened I would stop the sell and open the buy limit EA.
The MA5 I use is a stock MA from the indicators with a shift of +1, smoothed/median/hl2 setting .
I'd like the EA to place a pending order sell limit (no sl or tp needed as this is managed by another EA) in anticipation the price will come back, if it doesn't then so be it.
After 5 mins it may not have entered (come back) so it needs to delete the original pending order and place a new one based on the new 5 min MA price as this will move every 5 mins.
Same for placing a buy i.e the reverse.
Really hope you can help or point me in the right direction.
PGTips
I wonder if anyone can tell me if this is possible. I use 5 min MA indicators on a 15 min chart and in an ideal world would like an EA to set buy limit (or sell) pending orders based on the MA 5 value (nothing else). As the price updates then cancel the prev pending order and open another one (in whatever direction I have set - buy/sell).
Keep going unitl it opens or I close it all off becuase I have changed my mind or direction has changed, in which case I would want to do the same again but the other way.
Essentially i want to get in at the MA5 line but I am either not quick enough or have requotes etc to contend with, re entering the pending order each time is tedious and time consuming.
Can this be done, and if so would someone be willing to code it for me/quote me to have it coded.
http://www.fxfisherman.com/forums/at...red-fxfish.gif
This is a 15 min GBPJPY from about 20 mins ago.
Green line is my shifted MA5, ignore my other lines, they are for my benefit, i am only interested in getting in on the green shifted MA5 line
The blue vertical line is where I decided it was time to place a sell.
As you can see the price was below MA5 but came back twice. That was where I wanted to enter, when it touched the green MA5.
The trouble is I can't be quick enough and things can happen, i.e it moves too quickly, price requotes and it is too late or I jump in too quick and get stopped out. An EA will remove this bit of emotion for me and help me improve.
Also as you can see, if I missed the first entry its an hour before another one came along. I can't watch for this amount of time and it could start to go the other way. If that happened I would stop the sell and open the buy limit EA.
The MA5 I use is a stock MA from the indicators with a shift of +1, smoothed/median/hl2 setting .
I'd like the EA to place a pending order sell limit (no sl or tp needed as this is managed by another EA) in anticipation the price will come back, if it doesn't then so be it.
After 5 mins it may not have entered (come back) so it needs to delete the original pending order and place a new one based on the new 5 min MA price as this will move every 5 mins.
Same for placing a buy i.e the reverse.
Really hope you can help or point me in the right direction.
PGTips
- FxMatics
