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EA - That uses MA for SL

  • #21
  • Dec 15, 2009 1:46pm Dec 15, 2009 1:46pm
Quoting dmitry_dos
Hi,
I was wondering if you have a similar EA that opens positions, in the same direction, when the candle crosses a particular EMA?
Thank you for your time.
Based on no similar requests of this nature I have decided not to do it. I have been watching the postings and most requests of this nature have been for MA crossovers and I think there are plenty of those EAs already.
  • #22
  • Dec 15, 2009 6:28pm Dec 15, 2009 6:28pm
Quoting CodeMeister
Based on no similar requests of this nature I have decided not to do it. I have been watching the postings and most requests of this nature have been for MA crossovers and I think there are plenty of those EAs already.
I understand...I've been trying to find one that works properly for almost a week. Is it possible that you might point me in the right direction please? Maybe you know where I can see one.
Thank you.
  • #23
  • Edited 6:50pm Dec 15, 2009 6:50pm | Edited 6:50pm
Quoting dmitry_dos
I understand...I've been trying to find one that works properly for almost a week. Is it possible that you might point me in the right direction please? Maybe you know where I can see one.
Thank you.
RR seems to think highly of this one. I have never used it as it doesn't fit my style.

http://www.forexfactory.com/showthread.php?t=211654
  • #24
  • Dec 15, 2009 10:20pm Dec 15, 2009 10:20pm
Quoting CodeMeister
RR seems to think highly of this one. I have never used it as it doesn't fit my style.

http://www.forexfactory.com/showthread.php?t=211654
Thank you again.
  • #25
  • Jan 21, 2010 12:51pm Jan 21, 2010 12:51pm
thx tested and works
  • #26
  • Sep 6, 2010 5:08pm Sep 6, 2010 5:08pm
This seems to be a very useful and popular EA. I have received several PMs regarding it and have decided to add new features. These are:

MAtimeFrame - the time frame for the MA calculation. 0 means current TF.
MAshift - the number of periods for the MA shift calculation.
MagicNumber - to select specific Order. 0 means don't check order Magic number.

The code has been tested but as always there are no guarantees, so use with caution until you are satisfied.
Attached File(s)
File Type: ex4 OrdMgrSL.ex4   6 KB | 1,296 downloads
File Type: mq4 OrdMgrSL.mq4   7 KB | 2,073 downloads
  • #27
  • Sep 6, 2010 7:06pm Sep 6, 2010 7:06pm
Quoting CodeMeister
This seems to be a very useful and popular EA. I have received several PMs regarding it and have decided to add new features. These are:

MAtimeFrame - the time frame for the MA calculation. 0 means current TF.
MAshift - the number of periods for the MA shift calculation.
MagicNumber - to select specific Order. 0 means don't check order Magic number.

The code has been tested but as always there are no guarantees, so use with caution until you are satisfied.
Many2 thanks....
Your EA really useful....


NG
  • #28
  • Sep 6, 2010 7:26pm Sep 6, 2010 7:26pm
Thanks Codemeister!!!

This is a very useful ea for my strategy.

  • #29
  • Jun 11, 2011 9:10pm Jun 11, 2011 9:10pm
Hi all this is my official first post Im grateful to come out of the shadows

Codemeister you seem to be quite the man!

I love how you can choose EMA, SMA etc but I use a NonLag MA as my ma of choice and that's not one of your options... the file I use is called NonLagMA_v7.1 if you are unfamiliar with nonlag MA's

is there any way to calculate for this type of MA? or does anyone know of any other trailing stops EA that's based off the NonLag or ZeroLag Moving Average???

Thank you immensely!
  • #30
  • Jun 23, 2011 10:01pm Jun 23, 2011 10:01pm
Quoting CodeMeister
This seems to be a very useful and popular EA. I have received several PMs regarding it and have decided to add new features. These are:

MAtimeFrame - the time frame for the MA calculation. 0 means current TF.
MAshift - the number of periods for the MA shift calculation.
MagicNumber - to select specific Order. 0 means don't check order Magic number.

The code has been tested but as always there are no guarantees, so use with caution until you are satisfied.

Dear CodeMeister,

Please guide me to install in the MT4, i tried to install in expert--> indicator folder but not work .

Umesh Patel
  • #31
  • Jun 23, 2011 10:46pm Jun 23, 2011 10:46pm
I answered you here:
how do I install eas, indicators and other stuff to MT4

you have to copy the EA to MT4-dir/experts/-folder, not to the indicators folder
PM me with coding requests and I'll probably put you on my ignore list
  • #32
  • Jun 23, 2011 10:50pm Jun 23, 2011 10:50pm
Quoting fxdaytrader_
I answered you here:
how do I install eas, indicators and other stuff to MT4

you have to copy the EA to MT4-dir/experts/-folder, not to the indicators folder
Fxdaytrader,

Thank you very much.

Umesh Patel
  • #33
  • Sep 25, 2011 4:40pm Sep 25, 2011 4:40pm
Quoting CodeMeister
This seems to be a very useful and popular EA. I have received several PMs regarding it and have decided to add new features. These are:

MAtimeFrame - the time frame for the MA calculation. 0 means current TF.
MAshift - the number of periods for the MA shift calculation.
MagicNumber - to select specific Order. 0 means don't check order Magic number.

The code has been tested but as always there are no guarantees, so use with caution until you are satisfied.
Is it possible to transform this EA into a script?
Thank you very much!
Attached File(s)
File Type: mq4 OrdMgrSL.mq4   7 KB | 545 downloads
  • #34
  • Sep 25, 2011 4:50pm Sep 25, 2011 4:50pm
I don't think so.

Short: A script is runned by the user, it does the action it has been programmed for and then stops. The EA is running permanent.

In the current case, the EA calculates several values to check if there are open orders the EA has to close.
This cannot be done by a script because it is necessary to check the values of the moving averages / open positions etc. over and over again.
PM me with coding requests and I'll probably put you on my ignore list
  • #35
  • Sep 25, 2011 5:19pm Sep 25, 2011 5:19pm
Quoting fxdaytrader_
I don't think so.

Short: A script is runned by the user, it does the action it has been programmed for and then stops. The EA is running permanent.

In the current case, the EA calculates several values to check if there are open orders the EA has to close.
This cannot be done by a script because it is necessary to check the values of the moving averages / open positions etc. over and over again.
Thank you for your answer
  • #36
  • Edited 10:36pm Nov 21, 2011 12:05pm | Edited 10:36pm
Hi,
I have found your OrdMgrSL EA and this seems to be exactly what I need. I attached it successfully to my chart and set the values according to my exit strategy: SMA(5) for the close price, with shift of 3.
You can see the settings of your EA on my chart and I pointed to the SMA(5) shifted by 3 - this i the dashed line. What can be the reason that the EA does not moves the trailing stop to the actual value of the SMA?
Thank you!
Ric
Attached Image (click to enlarge)
Click to Enlarge Name: TS_question.JPG Size: 192 KB
  • #37
  • Nov 21, 2011 4:33pm Nov 21, 2011 4:33pm
It doesn't change the stop. It waits until the price hits the MA and then closes the trade. So it works as if there was a trailing stop in place.
  • #38
  • Edited 1:06am Dec 19, 2011 12:48am | Edited 1:06am
Quoting CodeMeister
It doesn't change the stop. It waits until the price hits the MA and then closes the trade. So it works as if there was a trailing stop in place.
Iv'e been looking for an EA almost just like this. It would be great if you can somehow modify it where the price closes above or below an MA rather than just hitting it. Cheers and thanks for sharing.


And just to check i have the settings right, I need the 15 ema High (shift 0) as my stop.
so the settings on the ea is,

ma period 15
ma method E
ma apply H
ma timeframe 0
ma shift 0
magic number 0
lot size 0 (i asume this his howmany lots you want closed)
  • #39
  • Apr 26, 2012 9:40am Apr 26, 2012 9:40am
Quoting CodeMeister
This seems to be a very useful and popular EA. I have received several PMs regarding it and have decided to add new features. These are:

MAtimeFrame - the time frame for the MA calculation. 0 means current TF.
MAshift - the number of periods for the MA shift calculation.
MagicNumber - to select specific Order. 0 means don't check order Magic number.

The code has been tested but as always there are no guarantees, so use with caution until you are satisfied.
Hi Code Meister,

If you have the time only, is it possible to modify it so it will close all the open trades, cause I need to use it for my basket trading.
The ea has to work on an offline chart.

Thank you if you do or don't, you have helped us a lot already.

4x
  • #40
  • Jun 6, 2012 11:41am Jun 6, 2012 11:41am
CodeMeister,

Am i correct in assuming that the setting for ma timeframe are in minutes;i.e. 1, 5, 15, 30, 60, 240, 1440, etc?

Also i assume that with the timeframe set for the H1 (60) timeframe, i can look at another timeframe and the EA will continue to monitor the ma on the H1 timeframe?

And lastly, when the EA is installed on a chart for a currency pair (for example, GBPUSD) the EA will monitor all open trade for that pair. If i want it to monitor trades for another pair i will need to add it to the chart for the other pair (for example, EURUSD)?

Thanks for all your work.
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