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Hi i need a simple EA

Proximus (Proximus)
Jul 30 2013 at 20:02
4 posts
Hi i need a simple EA.It is very simple:

1) Put a variable to switch timeframes: between 5 min or 15 min or 30 min
2) 2 EMA indicator, the fast one plotted on 4 periods while the slow is on 8 periods.
3) If the fast EMA is above the slow EMA =market order BUY, If the fast EMA is below the slow EMA =market order SELL
4) Profit target (again needs a variable to be set by the user)
5) Stop loss (again needs a variable to be set by the user)
6) LOT (again needs a variable to be set by the user)

Thats all.And thanks in advance if someone would make it for me!

It's all about bucks, kid. The rest is conversation...
Merrygoround (Merrygoround)
Aug 02 2013 at 11:51
41 posts
Perhaps X Trader is what you are looking for: https://codebase.mql4.com/8407. However, this EA cannot be profitable without prior optimizing.

systemafx (systemafx)
Aug 07 2013 at 13:54
200 posts
if you desire you can wrote me by email at software@tradingonline-news.com

Spread Trading on CFD and Forex
tigpips
Oct 02 2013 at 14:14
186 posts
do you still need help with this?

http://www.freeforexrebates .info
Proximus (Proximus)
Oct 05 2013 at 10:36
4 posts
No, since then i learned to program MQL4 language at very advanced level now, since i had some background in programming.And i did it myself, unfortunately the results were bad.But anyway thanks for help!

It's all about bucks, kid. The rest is conversation...
CrazyTrader (CrazyTrader)
Oct 05 2013 at 15:48
1718 posts
If trading was just that simple... This idea has been created ages ago.


1) How to improve it?
Backtest... and try to add filters you will avoid loosers trades

This strategy is not suitable for 5 to 30 min timeframes.

skaboy
Oct 20 2013 at 07:12
39 posts
Why does everyone talk backtest when you can run live on a demo account?
All this back testing never did anyone I know any good, except scammers who use it to fool people.

systemafx (systemafx)
Oct 21 2013 at 16:43
200 posts
in my profile you can see live real and demo accounts

Spread Trading on CFD and Forex
John
traderrobotics
Oct 22 2013 at 09:04
1 posts
skaboy posted:
Why does everyone talk backtest when you can run live on a demo account?
All this back testing never did anyone I know any good, except scammers who use it to fool people.

Back testing is crucial, but so is forward testing. Back testing allows you to learn the limitations and problems with automated strategies that would take hundreds of years to learn with just forward testing.
Forward testing only allows you to test the current volatility in the market, when in reality volatility can vary hundreds of percent over time.
For instance during the housing bubble pop, many markets experienced volatility 4 or 5 times normal, that would have destroyed strategies only designed for today's volatility. Or the flash crash, is another example of volatility fluctuation. You're right about the scammers though.
John

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