Free MT4 programming

Hi

If anyone has an interesting and potentially useful concept for an EA, indicator (or combined system) then please let me know and I will consider programming it on MT4.

I'm able to back test EAs from 2003 to the present time using real tick data on most pairs. I do this on custom software as MT4 is useless for back testing.

The more sophisticated the concept the better, please don't ask me to simply buy and sell on crossovers etc. as I can tell you in advance that it doesn't work.

As the subject line states, I'm volunteering to do this FREE of charge. The benefit to me being that I may pick up some useful ideas that I haven't already thought of.

MT

EDITS NOTES:-
1/ Please don't ask me to modify existing code. Although I'm prepared to look at concepts that have already been coded, with a view to rewriting and implementing new ideas in the fresh code.

is it possible to backtest a news trader EA?

i have done it on my personal backtesting framework, but it is not mt4 backtester, rather my own framework

Does the EA rely on you letting it know there is an upcoming news event? Or is it just trading the spike, increased volatility etc? Is this an existing EA?

Kia ora from NZ,

I would like this indicator TSR V11 added to the Traders Gift EA happy to pay for your time



Regards
rammer13

Maybe if u have the time for it u are willing to look into this: http://www.forexfactory.com/showthread.php?t=599856

Thanks in advance for your time.

Greetings M

I don't think I can start accepting payment offers on FF as I would end up being classified as a commercial member, which I'm not. I'm also a bit reluctant to start fiddling with someone else’s code on a voluntary basis for a variety of reasons . Sorry, I should have mentioned that in the first post.

MT

Hi , Thank you for your reply just a note on my thought regarding the two indicators and the EA .I would like to use the indicators or one of them as Close trade on reverse signal on H1, H4, Daily and Weekly charts the reason why I added Traders Gift EA is he supplies the source code .Do you have any other thoughts on the matter or maybe a solution ? Looking at those charts the reverse signals look pretty good to me. Cheers !!!

Ok, I'll check it out and see what I think, it will be a few days though.... MT

hi Martin-trade,

exist, at least, two interesting concepts that could be turned into in as many EA and are explained in detail in the book "New Concepts in Technical Trading Systems" by J. Welles Wilder Jnr (1978)

The more complex "the reaction trend system" would require the continuous use of a virtual straddle (buy stop two spaced that are mutually occurred break each other) together with a trading system that works in a trading range

The simplest "the momentum concept" is easier operation and of which I am working (for about a month on the index Dax) in trading on paper sheet excell

It would be interesting to compare both the original and (later) for further processing but ... at this point ... would open another thread ...
"Just an idEA : a the tape-rEAding model" (could be ... )
magoo

I'm trading with ichimoku for a long time, it's a good system with profitable. can you code an EA for this?

Rule:

BUY:

1/ Tenkan cross Kijun bottom-up
2/ Wait for price return touch Tenkan line ( maxbar 7, if >7 don't trade), don't need close candle
Now, take a BUY order

SELL:


1/ Tenkan cross Kijun Top-down
2/ Wait for price return touch Tenkan line ( maxbar 7, if >7 don't trade), don't need close candle
Now, take a SELL order

SL, TP & Trailling stop:

SL: Kijun + 10 pip
TP: Tenkan cross kijun again
Trailling stop : Move SL follow Kijun

Never because the fast movement or gapping of the market ... did I mention freeze of the platform too and slippage so bad one may not get a fill ?

Hi ! All of us spend a lot of time to test manual strategies. So I thought about how to simplify the process. The script I describe can help with it.
The script should save data from vertical lines on a chart into Excel : date, time and content of the line's describsion. The content may have a separator ( b.e semicolon etc) so by means of this we can save the content into different columns. A name of a pair and time frame should save into excel's and sheet's names. What is it for ? For example, you test a new manual strategy on history. You put vertical lines in places of strategie's signals and in the description of the lines write additional info like profit or loss, values of add. indicators etc..
Then the script saves all info into excel and you can filter and sort it. Thus you can collect results of a strategy very quickly. It would be great if you did such a script. Thank you.

Hello martin-trade,

I realy like to have an EA discribed as follows. Im trading weekly bias and the Idea is a hedging EA (i know it sounds silly but i can handle it) and would be lucky if you would help me with this. So here it is. I trade round numbers and the EA should open a sell stop order at the lower round number if the price breaks with one pip + spread the above round number. For example: Price goes thru 1.36000 than a sell stop order will set at 1.35000. If he price breaks 1.35000 a buy stopp order will set at 1.36000. Now the hardest part: if the price go further thru 1.34000 the buy stopp order should be moved (new order =old one will deleted so far as the order is not executed at that time) to 1.35000 and so on. attached is a picture where you can hopefuly see what i mean. A option if the ea works alone or if the first! order must set manual (like a starting point) would be great. Also the option use stopp or limit orders. Important: if a level is broken then the EA will set just one order, not everytime an order for every break (for the case the price ranges around the round number). If a order can not be executed by slippage and the last order is in profit set the last order to BE, if the last order is in minus set an Emergency Stopp for 200 pips.

Hello Martin-trade,
My apologies if my request is too simple. I need your help in developing an EA based on the following:

Entry: When previous bar (Close-Open) is between -25 and +10 pips; then, open buy and sell at next bar open price
TP: For Buy orders 10 pips, for Sell oreders 5 pips
SL: None
Exit: When TP is triggered, if TP is not hit within the next 8 bars (including the entry bar), close positions at open price of nineth bar from entry

I would like this EA to simultaneously function on EURUSD, GBPUSD,AUDUSD,USDJPY pairs
Trades need to be triggered when any of the pairs listed meets the entry rule

Thanks in advance.
Cheers, Joe

Hello Martin,

I have attempted to do this in the editor but I really don't know enough, I believe it is fairly simple:
I use Heikin- Ashi bars with the line price graph on top, with a smooth MA, ALMA.

I would like it to enter on the 2nd candle if price is beyond the 1st candle price AFTER the line price has crossed the ALMA MA with naturally the corresponding HA candle color change which will be there if the MA is crossed.

Stop loss value should be on the opposite side of the ALMA, +/- 7 pips accordingly whether seel/buy.
Take Profit to be set at the 70 % ATR value for the timeframe. ( I use ATR pips at 8 periods and it shows on the chart Joshua Jones is the coder I believe).
Here is a pic so you may get a better idea, thanks in advance for any efforts.

Here are the areas marked out:

Hi Martin.

Background.

When you combine price action with volume certain patterns repeat every day. Look at the attached chart - simple pattern is present at the three tops - first and the second are pretty obvious - high volume bar with long upper vick. The third one, seems different but in reality isn't from the Volume Spread Analysis perspective - bar closes under 30% its length with large volume.
Take virtually any chart with volume and you see that this pattern is almost always present at the top - or close to the end of a temporary trend.

Most reliable are those with (large) volume (exceeding mean plus standard deviation - dotted blue line). High volume means that on this bar appeared large order and pushed market down, and most of the time the move will be continued.

The main trading idea

The main idea is to create a dashboard (several pairs, several timeframes) showing where such a pattern is present. So having a high volume pin-bar - we can expect that our trend will reverse soon - and we can use other indicators or price action patterns to join the party. Of course we can search for patterns for example on H4 and then trade the same pattern on the same pair on M15/M30.

Further action.

Described pattern is only one from several high-probability ones, there are price-volume patterns indicating the end of a trend, and continuation patterns as well, even more precise (although rare).

In case we do something together I will describe each one extensively and how to trade each one, how to choose high probability, best trades.

First step

First step however would be not to create the full dashboard but a simple indicator highlighting this pattern on the chart - to check how it works with one pair.

hi
martin,
i have found this ea on youtube. its extremely profitable with low draw down. with PRO version 50 to 70% profit per month.but he gave u the free real version of this ea with limitations like no backtest ,after two weaks it dont work. i can not understand which indicator is used to open 2nd,3rd and onward positions to martingale .
you can have this version just ask him in youtube comments.
please make this ea i have tested all three versions on demo account. and its a good martingale ea .because if there is a news which moves in one direction like 200 or 300 pips it dont open next position untill his indicator give the signal. thats why low drawdown.

Can somebody modify code of this candle body size indicator - its current function is to display the body size to all closed candle, what I want to add is to display the wick size in the direction of the candle move(it its bullish or bearish) and it must display only on the last 5 candle closed(not to all), this one works on any time frame, thanks in advance!

Here is the original code

#property indicator_chart_window
extern int font_size = 10;
extern color ColorBull = DodgerBlue;
extern color ColorBeer = Red;
extern string font_name = "Arial";
//+------------------------------------------------------------------+
int start()
{
double k=(WindowPriceMax()-WindowPriceMin())/20;
for(int i=WindowFirstVisibleBar(); i>=0; i--)
{
double rs = (NormalizeDouble(Open[i],Digits)-NormalizeDouble(Close[i],Digits))/Point;
if (rs<0) drawtext(i, High[i]+k, DoubleToStr(rs*(-1),0), ColorBull);
if (rs>0) drawtext(i, Low[i]-Point, DoubleToStr(rs,0), ColorBeer);
}
}
//+------------------------------------------------------------------+
int deinit()
{
ObjectsDeleteAll(0,OBJ_TEXT);
return(0);
}
//+------------------------------------------------------------------+
int drawtext(int n, double Y1, string l,color c)
{
string Name=TimeToStr(Time[n],TIME_DATE|TIME_MINUTES);
ObjectDelete (Name);
ObjectCreate (Name, OBJ_TEXT,0,Time[n],Y1,0,0,0,0);
ObjectSetText(Name, l,font_size,font_name);
ObjectSet (Name, OBJPROP_COLOR, c);
}
//+------------------------------------------------------------------+