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Eagle Method MA Crossover System

  • #221
  • Apr 2, 2007 10:54am Apr 2, 2007 10:54am
Does anyone have or know where I can get a very simple EA. The EA I am after is the price crossing over 1 single moving average. eg price crossing the 25 sma.

Thanks for your help.

Billser
It's All About Attitude ...
  • #222
  • Apr 2, 2007 11:08am Apr 2, 2007 11:08am
Quoting tbwss1234
Hi there.. You enter on the close of the candle after the cross. And I have been doing well.
hi tbwss,thanks for your explantion but i am still abit confused abt the system,can i ask u to explain further? when u mentioned that i enter at the close of the candle,do u mean....
1.the candle(price) piercing thru the 100SMA but ends up(close) above the 100SMA,do i enter into position?
2.if candle(price) is the main component to enter into a trade,either long or short,then whats the function of the 9SMA?
3.pls,also explain your new exit strategy
thanks!
  • #223
  • Edited 1:26pm Apr 2, 2007 12:58pm | Edited 1:26pm
He is tellng you when the 9sma crosses the 100sma after that candle closes thats the entry. You would wait for the close to make sure the cross happens.

you dont enter whe a candle crosses the 100 but when the 9 crossses the 100.

Hope that helps some.

Here is achart showing what a cross entry would look like, the vertical line is on the candle that you would enter on the close of.
Attached Image
  • #224
  • Apr 2, 2007 1:57pm Apr 2, 2007 1:57pm
hey billser..... here is a very basic close cross single ma ea ....... we all have much more elaborate ones but you mentioned 'very simple' ..... holler back if interested in something slightly more complicated......h
Attached File(s)
File Type: mq4 moving average very basic.mq4   5 KB | 1,092 downloads
to trade and code, keep both simple... no call to impress....h
  • #225
  • Apr 2, 2007 3:16pm Apr 2, 2007 3:16pm
Quoting hayseed
hey billser..... here is a very basic close cross single ma ea ....... we all have much more elaborate ones but you mentioned 'very simple' ..... holler back if interested in something slightly more complicated......h

Thank you for the EA......now for a stupid question.....(I hate being a newbie...but I have to start somewhere)


How do I set it so that when the moving average triggers a buy/sell when the price goes below/above it.

And what do the following mean:

Lots
Maximum risk
Decreas factor
Moving period
Moving shift

Thanks for all your help.

Billser
It's All About Attitude ...
  • #226
  • Apr 2, 2007 3:17pm Apr 2, 2007 3:17pm
Hi all. been reading your thread over the last couple of days. finally got to the end. got some interesting stuff out of it and will apply as soon a an oportunity arises. congrats on the openess and sharing looks like we can all gain from peoples input.
So if i am correct in reading and applying this method. there should be quite a few people long GBP/JPY as at 29/03/2007 for appx 231.13. (and quite a few pips in the money) is this true? it would be obvioulsy too late to enter and i should wait for a reverse entry signal?? if i am wrong please correct me.

cheers
  • #227
  • Apr 2, 2007 6:17pm Apr 2, 2007 6:17pm
two MAs crossing indicator.
Attached File(s)
File Type: mq4 CrossedAlerts.mq4   2 KB | 916 downloads
  • #228
  • Apr 2, 2007 6:26pm Apr 2, 2007 6:26pm
hey billser and allanchi..... don't use that ea to trade real money.... it's just an example of a price cross ma version.... again, don't trade with it....

the maximum risk and decreasefactor money management components designed for that purpose....

the movingperiod value in the inputs sets the triggering moving average.... by default it's 10, change that number to your preference.....

that ea is just a simple example for mq4 code study purposes only..... h
to trade and code, keep both simple... no call to impress....h
  • #229
  • Apr 2, 2007 6:47pm Apr 2, 2007 6:47pm
Quoting droesparky
He is tellng you when the 9sma crosses the 100sma after that candle closes thats the entry. You would wait for the close to make sure the cross happens.

you dont enter whe a candle crosses the 100 but when the 9 crossses the 100.

Hope that helps some.

Here is achart showing what a cross entry would look like, the vertical line is on the candle that you would enter on the close of.
thanks for your explanation droesparky!
  • #230
  • Apr 2, 2007 6:55pm Apr 2, 2007 6:55pm
Quoting droesparky
two MAs crossing indicator.
Is there any way that this cross signal can be changed to a sma instead of ema.

Thank you.
It's All About Attitude ...
  • #231
  • Apr 2, 2007 9:50pm Apr 2, 2007 9:50pm
you can use this, all parameters i have already set them up, you can enable email alerts if you wish.


Quoting billser
Is there any way that this cross signal can be changed to a sma instead of ema.

Thank you.
Attached File(s)
File Type: mq4 EagleSignals.mq4   5 KB | 933 downloads
  • #232
  • Apr 3, 2007 12:09am Apr 3, 2007 12:09am
Hi all. can anyone answer my previous post, so i know i am reading the system correct?
  • #233
  • Apr 3, 2007 12:39am Apr 3, 2007 12:39am
Hello SpB,

Yes the last signal was BUY GBP/JPY 30min chart on 29th March @ 11GMT. My trade opened @ 230.83 and now its up 282pips .

Exit and re-entry rules are still in discussion.

thanks

Quoting SpB_Trader
Hi all. been reading your thread over the last couple of days. finally got to the end. got some interesting stuff out of it and will apply as soon a an oportunity arises. congrats on the openess and sharing looks like we can all gain from peoples input.
So if i am correct in reading and applying this method. there should be quite a few people long GBP/JPY as at 29/03/2007 for appx 231.13. (and quite a few pips in the money) is this true? it would be obvioulsy too late to enter and i should wait for a reverse entry signal?? if i am wrong please correct me.

cheers
  • #234
  • Apr 3, 2007 12:44am Apr 3, 2007 12:44am
Nice Pips Peter, it would be silly to catch this ride, agreed? i'll just wait for reverse criteria?
  • #235
  • Apr 3, 2007 12:51am Apr 3, 2007 12:51am
yea think so ...

Quoting SpB_Trader
Nice Pips Peter, it would be silly to catch this ride, agreed? i'll just wait for reverse criteria?
  • #236
  • Apr 3, 2007 5:24am Apr 3, 2007 5:24am
a little about me -

I've been "playing" with FOREX for about two years now - looking at system after system - running demo - and finally bit the bullet - put $5000 and opened a MINI account...and yes, like most, sometimes I'm up, and sometimes I'm down,

So far this week, I am 432 pips up with this system by expanding the number of lots in. I opened a total of three mini lots last night and came to the screen this morning with 301 pips green, and a little bit of pullback happening - so, like every great nervous newbie trader, I took it....and now am in Watch and Wait mode to see what's gonna happen next...

I've added a 5/3/3 stoch to this just to guage overbought/oversold condition....seems to help some with re-entry or adding lots

on RVI - does anyone have "level thoughts"??

It seems that about +.13 is about the highest it has been recently, and we're at about +.11 now - I know the author of this post has spoken of not putting a LOT of stock into RVI - just wondering if there is some consideration with the current level we're at with it...

Thanks for a great system!!!!
  • #237
  • Apr 3, 2007 7:04am Apr 3, 2007 7:04am
GBP/JPY i think is goin for another move UP after a breif stall.
  • #238
  • Apr 3, 2007 7:07am Apr 3, 2007 7:07am
gbp jyp has had an amzing 6 weeks roughly i counted 800 pips per week average this will not last forever then whips will hurt as with all moving average systems but as they say "make hay while the sun shines" good luck
  • #239
  • Apr 3, 2007 7:13am Apr 3, 2007 7:13am
Tell me sumthing new , is there any indicator that doesnt get screwed with whips ? then why only ma


Quoting dailydow
gbp jyp has had an amzing 6 weeks roughly i counted 800 pips per week average this will not last forever then whips will hurt as with all moving average systems but as they say "make hay while the sun shines" good luck
  • #240
  • Apr 3, 2007 8:47am Apr 3, 2007 8:47am
spb trader I was sleeping and missed the entry. http://www.forexfactory.com/images/icons/icon9.gif and I wont chanse it.

bilser, I am not a progranmere so I cant change the indicator to sma. its ust one I have found, Ill see if I can find one for sma.

peterdxb, there is no way to miss whips entirely, but the RVI helps.
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