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Attachments: Need your help to modify weekly EA
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Need your help to modify weekly EA

  • Post #1
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  • First Post: Edited at 5:03am Nov 28, 2014 4:16am | Edited at 5:03am
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
Expert advisor (Weekly EA V1.MQ4), which is decently created by SmoothTrader http://www.forexfactory.com/smoothtrader, it is an amazing!EA, it place order weekly once in the direction of the last close candle, for example if last week candle were red EA place (sell order) if last week candle were green EA place (buy order) which is working very perfectly,

But what I need is it possible to continuing the same theory when the pervious close candle is (red place the sell order, And if it is green place the buy order) instead of weekly could be modified so Ea can place order for any time frame, for example H1, H4, D1 (W1 for which it is prepared) and for monthly too.

Please I need your assistance.

Thanks And Regards,
Moti
Attached File
File Type: mq4 Weekly EA V1.MQ4   84 KB | 223 downloads
  • Post #2
  • Quote
  • Nov 30, 2014 8:42am Nov 30, 2014 8:42am
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
I am thinking if it is complicated to do modification for all time frames
Please I could be possible to make it only for the time frame H1, I will be grateful for your support
Regards,
Moti
 
 
  • Post #3
  • Quote
  • Edited at 7:30am Dec 1, 2014 6:26am | Edited at 7:30am
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
Hello To All, please help with this complicated EA If Possible.

Open trade looking to previous H1 candle, if previous H1 candle is green than open buy trade as new H1 candle is formed

Open trade looking to previous H1 candle, if previous H1 candle is red than open sell trade as new H1 candle is formed

And repeat same order process on every next H1 candle is formed.

EA: characteristics
Lots: 0.01
TP: 5 pips
SL: 10pips
Trading: 24 Hours
If possible trading hours can be set for London or New York session, or for both.

For more detail I have attached image below, may this help

I need if any expert helps me to make this EA I will be very highly obliged to him,

Thanks And Regards,
Moti
Attached Image (click to enlarge)
Click to Enlarge

Name: H1.JPG
Size: 87 KB
 
 
  • Post #4
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  • Dec 2, 2014 4:03am Dec 2, 2014 4:03am
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
Hello To All, please can any body help with this request?
Thank you
Regards
Moti
 
 
  • Post #5
  • Quote
  • Dec 2, 2014 7:14am Dec 2, 2014 7:14am
  •  rockit
  • Joined Oct 2013 | Status: Member | 917 Posts
Time frame any.

Test on M1 for quick evaluation

Attached File
File Type: mq4 trade_off_last.ea.mq4   1 KB | 301 downloads
..
 
 
  • Post #6
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  • Edited at 11:07am Dec 2, 2014 10:55am | Edited at 11:07am
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
Quoting rockit
Disliked
Time frame any. Test on M1 for quick evaluation {file}
Ignored
Rockit, Thank you for your help. I tried ea but it is not what I am looking for. Because it opens too much trades. Please see the pictures attached.

What I am looking EA should do this:
Open one trade on 1 hour time frame in the direction of the last candle, (I mean to say if last hour candle is Red open the sell order and close the sell either in loos or in the profit if reaches set TP or SL target…. And if last hour candle is Green open the Buy order and close the Buy either in loos or in the profit if reaches to set TP or SL target…..)

Very simple EA do not modify any open trade, only open one trade when new candle form in the direction of previous candle. 24 hours, 24 trade that is it, and let them keep open executed trade if they are not closed by set to higher TP or SL.

Regards,
Moti

Observations:
The EA is attached in to the #post1, which is weekly EA, it open’s trade only on every Monday conforming the direction of last weekly candle colour. If expert can modify for H1 candle will be great. This is just thought. I am not a programmer.
Attached Images (click to enlarge)
Click to Enlarge

Name: Test-trade_off_last.ea.JPG
Size: 213 KB Click to Enlarge

Name: Result-trade_off_last.ea.JPG
Size: 113 KB
 
 
  • Post #7
  • Quote
  • Edited at 11:59am Dec 2, 2014 11:40am | Edited at 11:59am
  •  rockit
  • Joined Oct 2013 | Status: Member | 917 Posts
I am sorry to read that, however the program logic assures that the EA works as expected - it will open a new trade on the first tick of a new candle of the chosen time frame only, in the direction of the last candle of that time frame.
Possibly you have misconfigured it? If you want it to work on H1 time frame then you have to chose H1 time frame (which is the default).
..
 
 
  • Post #8
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  • Last Post: Dec 2, 2014 3:37pm Dec 2, 2014 3:37pm
  •  Motiram
  • Joined Nov 2014 | Status: Member | 565 Posts
Quoting rockit
Disliked
I am sorry to read that, however the program logic assures that the EA works as expected - it will open a new trade on the first tick of a new candle of the chosen time frame only, in the direction of the last candle of that time frame. Possibly you have misconfigured it? If you want it to work on H1 time frame then you have to chose H1 time frame (which is the default).
Ignored
Hello Rockit, I apologize I can not trace what I did so EA gave me such a bad image, I tired now as you said first on default setting it works perfect. Thank you for your help

I tried on USD/JPY from date 01-11-2014 to 02-12-2014 using following settings.

Results on different time frames--and using different-TP & SL
----------------------H1------------------H4----------------------D1
TP 5 SL 10 ---(-101.97)-------(-175.16)-----------(+21.00)

TP 5 SL 10 ---(-65.61)---------(+236.68)----------(+33.40)

TP 5 SL 10 ---(+106.02)-------(+243.66)---------(-101.60)

TP 5 SL 10 ---(-124.80)--------(-93.16)------------(-259.75)

TP 5 SL 10 ---(+274.60)-------(+91.04)-------------(-85.83)

Rockit, are you using this EA if yes please could you suggest on which pairs and on which time frame, because I was expecting better results. At the quick look are profits are not so good may your guidance help me to improve the profit.

Regards,
Moti
 
 
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