This is an update for the first page
Well a programmer was found who developed the 1st EA the cost of $50 was originally funded by me
The EA just bought at the blue livelli lines and sold at the red livelli lines
The Ea had a facility to take profits stop losses and trailing stops on each trade
We also had an ADX filter that could be set to only trade in trending markets
I had success with this EA in trending markets There is a diagram below that shows trades that were taken
I originally didn't bother with trailing stops stop losses ect I just used the negative hedging to keep me in the trades
and would manually exit
The latest Ea version uses 3 ema ,s to find the trend the 200 ema the 20 ema and the 5 ema these ema,s can be modified
numerically as well as sma or wma can be selected
The idea is quite simple really
For a up trend the 5 ema as to be above the 20 ema and the 20 as to be above the 200
For a down trend the 5 ema as got to be below the 20 ema and the 20 ema as got to below the 200 ema
If we are in an uptrend a buy stop will be placed at each livelli level
At the moment I have setup the Ea to have a profit set to zero a 30 pip stop loss and a 30 pip trailing stop there is
an overall profit which can be set to a your liking
The Ea is quite clever . If a buy stop is placed and the not taken that buy stop will be cancelled if the 5ema crosses down through the 20 ema
If the buy stop is activated then the trailing stop will be activated and will be stopped out in two ways
The cross of the 5 ema and the 20 ema or the trailing stop
Both Eas will make money in trending markets because of the stacking principal although the latest version will make more as we don't have to deal with negative hedging
I will place another diagram of the 2 ea in action
Well a programmer was found who developed the 1st EA the cost of $50 was originally funded by me
The EA just bought at the blue livelli lines and sold at the red livelli lines
The Ea had a facility to take profits stop losses and trailing stops on each trade
We also had an ADX filter that could be set to only trade in trending markets
I had success with this EA in trending markets There is a diagram below that shows trades that were taken
I originally didn't bother with trailing stops stop losses ect I just used the negative hedging to keep me in the trades
and would manually exit
The latest Ea version uses 3 ema ,s to find the trend the 200 ema the 20 ema and the 5 ema these ema,s can be modified
numerically as well as sma or wma can be selected
The idea is quite simple really
For a up trend the 5 ema as to be above the 20 ema and the 20 as to be above the 200
For a down trend the 5 ema as got to be below the 20 ema and the 20 ema as got to below the 200 ema
If we are in an uptrend a buy stop will be placed at each livelli level
At the moment I have setup the Ea to have a profit set to zero a 30 pip stop loss and a 30 pip trailing stop there is
an overall profit which can be set to a your liking
The Ea is quite clever . If a buy stop is placed and the not taken that buy stop will be cancelled if the 5ema crosses down through the 20 ema
If the buy stop is activated then the trailing stop will be activated and will be stopped out in two ways
The cross of the 5 ema and the 20 ema or the trailing stop
Both Eas will make money in trending markets because of the stacking principal although the latest version will make more as we don't have to deal with negative hedging
I will place another diagram of the 2 ea in action
Attached File(s)