Horizontal Line EA | Forex Factory

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Attachments: Horizontal Line EA
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Horizontal Line EA

  • #1
  • First Post: Jan 1, 2010 9:08pm Jan 1, 2010 9:08pm
Was wondering if anyone is interested in developing a Horizontal Line EA that buys/sells when a candlestick closes above or below it.

It should have the following features

1. Variable TP/SL

2. Variable lot size

3. Customizable audio alert when a trade is taken

4. Variable slippage.

Open to suggestions from all

Thanks,

Erik
Annoying Precision
  • #2
  • Edited 9:20pm Jan 1, 2010 9:19pm | Edited 9:20pm
We could also incorporate a custom martingale lot sizing.

The audio alert should be an Alabama song. Born Country
Annoying Precision
  • #3
  • Jan 1, 2010 9:27pm Jan 1, 2010 9:27pm
Or a "smart" lot sizing.
Annoying Precision
  • #4
  • Jan 1, 2010 9:29pm Jan 1, 2010 9:29pm
With custom we dont always have to 'win", per se.
Annoying Precision
  • #5
  • Jan 1, 2010 9:40pm Jan 1, 2010 9:40pm
What amazes me is that I cant find a working horizontal line EA. This is very mysterious indeed.
Annoying Precision
  • #6
  • Edited 7:23pm Jan 2, 2010 5:36pm | Edited 7:23pm
Hello.
Annoying Precision
  • #7
  • Edited Jan 4, 2010 5:42am Jan 3, 2010 10:39pm | Edited Jan 4, 2010 5:42am
hey erik..... seems quite easy.... ea below has all 4.... adjust the settings as need be.... set your horizontal line.... it will buy or sell when the close crosses the line.....

change the name of alert if need be.... metatrader will play full length songs like something in red, in wav format, but it's best to keep it short and sweet..... otherwise issues will arise.... and of course the wav must be in your metatrader sounds folder.....h



Quoting erikte279
Was wondering if anyone is interested in developing a Horizontal Line EA that buys/sells when a candlestick closes above or below it.

It should have the following features

1. Variable TP/SL

2. Variable lot size

3. Customizable audio alert when a trade is taken

4. Variable slippage.
//----
Attached File(s)
File Type: mq4 Horizons.mq4   3 KB | 2,554 downloads
File Type: zip wav.zip   2.4 MB | 1,956 downloads
File Type: mq4 Horizons 2.mq4   3 KB | 2,732 downloads
to trade and code, keep both simple... no call to impress....h
  • #8
  • Jan 3, 2010 10:48pm Jan 3, 2010 10:48pm
Thanks Hayseed,

Will give it a look, still on the fences about the martingale. Seems as if it would be a nice addition.

After I test it and it works (sure it will) , you can bill me an invoice for your time.

Best Regards,
Erik
Annoying Precision
  • #9
  • Jan 3, 2010 11:16pm Jan 3, 2010 11:16pm
Hayseed,

I cant get the horizontal line to appear on the chart.

Thanks,
Erik
Annoying Precision
  • #10
  • Jan 3, 2010 11:54pm Jan 3, 2010 11:54pm
Quoting erikte279
Hayseed,

I cant get the horizontal line to appear on the chart.

Thanks,
Erik
code doesn't draw a horizontal line. Change the variable horizontalline to the value you want the ea to trigger on.
  • #11
  • Jan 3, 2010 11:57pm Jan 3, 2010 11:57pm
I guess the next question is whether or not it or opens and closes orders based upon candlestick closes or just price tap.

Thanks magnum
Annoying Precision
  • #12
  • Jan 3, 2010 11:58pm Jan 3, 2010 11:58pm
Quoting erikte279
I guess the next question is whether or not it or opens and closes orders based upon candlestick closes or just price tap.

Thanks magnum
price has to cross
  • #13
  • Jan 3, 2010 11:59pm Jan 3, 2010 11:59pm
So a candlestick close?
Annoying Precision
  • #14
  • Jan 4, 2010 12:05am Jan 4, 2010 12:05am
yes. if 2 candles prior price closed above and 1 candle prior it closed below it will open a short trade provided there are no open long trades. the opposite is true for a long trade.
  • #15
  • Jan 4, 2010 12:08am Jan 4, 2010 12:08am
got ya
Annoying Precision
  • #16
  • Jan 4, 2010 5:53am Jan 4, 2010 5:53am
hey erik......

Quoting erikte279
Hayseed,

I cant get the horizontal line to appear on the chart.

Thanks,
Erik
//----
//----
It should have the following features

1. Variable TP/SL

2. Variable lot size

3. Customizable audio alert when a trade is taken

4. Variable slippage.


5... ea must make horizontal line appear......

oh, ok, now i see 5.... missed it earilier..... uploaded changes in v2 above......h
to trade and code, keep both simple... no call to impress....h
  • #17
  • Jan 4, 2010 6:45am Jan 4, 2010 6:45am
Good Deal H, thanks alot. If you could add a custom M type that would be awesome as well, dont want to push my luck though.

Thanks and if you want money just let me know.
Annoying Precision
  • #18
  • Jan 15, 2010 12:21pm Jan 15, 2010 12:21pm
Quoting hayseed
hey erik..... seems quite easy.... ea below has all 4.... adjust the settings as need be.... set your horizontal line.... it will buy or sell when the close crosses the line.....

change the name of alert if need be.... metatrader will play full length songs like something in red, in wav format, but it's best to keep it short and sweet..... otherwise issues will arise.... and of course the wav must be in your metatrader sounds folder.....h





//----
Hi There,

Do I have to name the horizontal line as horizons to get it to execute an buy or sell, or do I just draw a horizontal line above the price to buy when price exceeds the line ... and vice vesa for sells.

And can I draw a horizontal line above the price for the buy level AND below the price for a sell level ..

Thankes
ECFOREX
South Africa
I Love Pips - Lots of Pips
  • #19
  • Oct 4, 2012 1:27pm Oct 4, 2012 1:27pm
Hello, can you please make the Horizons EA just an alert only EA without taking any trades? Can you make it 2 horizontalline variables without the lines drawn on the chart. Also instead of a price cross/close, I would like an MA cross where the minimum price difference between the MA cross and the horizontal line is between 0 to any number of pips for the alert to sound. So, when the MA crosses any of the 2 horizontalline variables based on a preset minimum price difference, an alert should sound immediately. Thank you.
  • #20
  • Jan 22, 2013 6:58am Jan 22, 2013 6:58am
what to do to set lines .. and what will be the settings if i want ea to open one order below or above lines ??? i mean if candle close above the upper line and ea open buy order i don't want it to open new order if candle close below the line >>

please advise ..
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