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Simple EA request

  • #1
  • First Post: Feb 10, 2014 5:01am Feb 10, 2014 5:01am
<p>&nbsp;</p>Hello folks, I am looking for some kind expert to write an EA for me to help back test an idea I have.

I will try and define what I am looking for.

It will be based on Daily TF.

1.When a new candle/bar opens the EA will look at the previous candle and establish if previous candle was up or down.
2.For UP candle - If previous candle close was higher than it’s open, place sell stop at low (plus spread) with TP of 20 pips and SL at high of candle.
3.For DOWN candle - If previous candle close was lower than open, place buy stop (plus spread) at high with TP of 20 pips and SL at low of candle.

That’s it really – simple but for someone like me coding this is a problem . If anyone is willing to give this a try or need more info please contact me.

Thanks.

AndyG
  • #2
  • Feb 10, 2014 8:28am Feb 10, 2014 8:28am
Hey AndyG,

unfortunately I can't program myself but please share your EA if you have one.
I am also playing arround with that strategy of a break of the previous days high/low and an EA would it make easy to see if this strategy works.

Greetings,
Myrmica
  • #3
  • Feb 10, 2014 9:02am Feb 10, 2014 9:02am
Hello Myrmica

thanks for your post. I will share if some kind soul is willing to put this together for me.

It is the opposite from other EA's of this type e.g. I am proposing to place a sell after an up day and a buy after a down day. A bit of "thinking outside the box" based on the fact that I have had mixed results using the conventional approach. The last couple or three months have been successful but I am hoping to speed up testing if an EA can be coded.

Any help appreciated.

AndyG
  • #4
  • Feb 10, 2014 9:08am Feb 10, 2014 9:08am
Ahh ok,

I understand now.
It's probably not difficult to code. The strategy alone probably is not successfull but can be the starting point for a usage with other parameters.

My visual backtesting of the conventional approach was also not that satisfying - as could be expected with such easy strategies.
  • #5
  • Feb 11, 2014 3:20am Feb 11, 2014 3:20am
Anyone able to help in this request please?
AndyG
  • #6
  • Feb 11, 2014 4:50am Feb 11, 2014 4:50am
Test this (mt4 build 600+; on a D1 time frame). To test immediately, uncomment first line ("#define DEBUG"), order will be opened on next tick.

However, do not understand what you mean by "spread".

Inserted Code
//#define DEBUG
 
input double LOT = 0.01;
input double TP = 20;
datetime time;
double f = 1;
 
void OnInit()
{
    if(LOT < MarketInfo(Symbol(), MODE_MINLOT)) {
        Print("lot size below minimum lot size; exiting..");
        ExpertRemove();
    }
    if(Digits == 5 || Digits == 3) f *= 10;
    time = Time[0];
    #ifdef DEBUG
    time = Time[1];
    #endif
}
 
void OnTick()
{
    ResetLastError();
    int ticket = -1;
    if(time < Time[0]) {
        time = Time[0];
        if(Close[1] > Open[1]) { // prev candle was up
            ticket = OrderSend(Symbol(), OP_SELLSTOP, LOT, Low[1], 0, 0, 0);
            if(ticket != -1)
                if(OrderModify(ticket, Low[1], High[1], Low[1] - TP * Point * f, 0))
                    Print("sellstop order set successfully..");
                else {
                    OrderDelete(ticket);
                    Print("sellstop order modify failed; order deleted; exiting.. (", GetLastError(), ")");
                    ExpertRemove();
                }
        }
        else if(Close[1] < Open[1]) { // prev candle was down
            ticket = OrderSend(Symbol(), OP_BUYSTOP, LOT, High[1], 0, 0, 0);
            if(ticket != -1)
                if(OrderModify(ticket, High[1], Low[1], High[1] + TP * Point * f, 0))
                    Print("buystop order set successfully..");
                else {
                    OrderDelete(ticket);
                    Print("buystop order modify failed; order deleted; exiting.. (", GetLastError(), ")");
                    ExpertRemove();
                }
        }
    }
}
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  • #7
  • Feb 11, 2014 5:01am Feb 11, 2014 5:01am
Rockit, thanks very much - I will have look when I get home.
AndyG
  • #8
  • Last Post: Feb 12, 2014 6:34am Feb 12, 2014 6:34am
rockit, I had a play with the code you provided last night and it works as intended. Thank you for your expertise and time taken to put this together for me.
Cheers.
AndyG
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