EA with SL and TS only. Just it! Nothing more!

Trading Systems Expert Advisors and Automated Trading
1

Hi guys!

I’d like to create an EA with the following features:

  • In a TF of [B]1 hour[/B], for example, after of 1/4 of [B]1 hour[/B], a order should be given automaticaly by EA. If the candle is green, so is a buy order; if red, so is a sell order. If the TF is of [B]4 hour[/B], so the type of order (buy or sell) should be choose by EA after of 1/4 of [B]4 hour[/B] (= 1 hour). If the preset candle is green -> buy; if red -> sell. It should work in any TF.

  • No TP

  • With SL

  • With trailing stop

  • And more one thing: I’d like of create a parameter called “SPD”. If the current spread < then SPD, so the EA works normally. But if the current spread > than SPD, then the EA don’t give orders.

Just it!

But, I don’t know how make this EA. I guess that is simple… Someone can make for me?

Thanks!

Henry

2

Read up on some basic programming.

Then read all the documentation at mql website, its very well documented by them imo.

That will give you a good start.

3

With Blessing you already hace most of it. You only need to program the entry conditions and adjust the settings.

4

So what would the SL and Trailing Stop be set to?

What would determine the value of SPD?

I already have a template for something like this so i will test it out and post the results for you.

5

Additionally, does the candle body need to be a certain size? What do we want to do if it is a doji candle? Do we trade certain times in the day? Because otherwise this could make 24 random trades a day.

You need to define your requirements a bit better.

6

[B]What would determine the value of SPD?[/B]

SPD would a variable, actually, a parameter adjusted manually.

[B]So what would the SL and Trailing Stop be set to?[/B]

I don’t know excatly… :X
Maybe could be another variables, another’s parameters adjusted manually, in PIPs…

7

update me please if you have this EA. :slight_smile: