can somebody help to code an EA for my strategy.

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can somebody help to code an EA for my strategy.

Postby nair » Thu Jun 30, 2011 8:10 am

one indicator 3 moving averages that's all the system comprises of .

Indicator is daily open line indicator., moving averages are 12 high and 12 low, 9 and 18.

while daily open line indicator is plotted :

A condition should be checked for opening positions. Just make pending orders for a bar forming above or below the daily open line.
If eigther hits one closes the other or the hitting one.

Next rule is if the candle is above 9sma 12 high and above the daily open line buy -this should work in pending order.

Next rule is price if above take buy .,

If price is below the daily open line with the following conditions:

price /candle open below the daily open line.
candle is below 9sma, 12 low and below the daily open line.

continue till price crosses back the 12 high low channel.

REVERSAL;

IF PRICE REVERSES CLOSE THE ORDER AND OPEN IN OPPOSITE DIRECTION (TREND DIRECTION) if price reversal is felt in the daily open line this should be done.

normal exits will be on price channel crossing.

Tp :

price entry to untill channel high or low is crossed.TP can also be on fibonacci lines or combined with channel re-entry or re-crossing.
sl;

First sl is below the daily open line or previous bar low /high.
price channel high or low as per order entry.

That's all with the strategy can someone help coding an EA ., eigther it be VRganesh. or some trader cum coders.

As the indicator is based on daily open line ., it needs to work from market inception, markets opens from sydney,tokyo,london and us.

But indicator is plotted in M30 for ease.

I need EA for the above system and you can see the profitability and ease of trading.
Attachments
price channel and daily open line.gif
daily_open_line.mq4
(2.43 KiB) Downloaded 1281 times
nair
 
Posts: 4
Joined: Thu Jun 30, 2011 7:37 am

Re: can somebody help to code an EA for my strategy.

Postby nair » Thu Jun 30, 2011 9:17 am

while daily open line indicator is plotted : A WHITE DARK LITTLE LINE IN BETWEEN PRICES.

YELLOW CHANNEL LINES ARE 12 SMA'S WHICH ACT AS CHANNELS HIGH AND LOW OF SMA 12

RED IS 9 SMA , AND BLUE IS 18 SMA.



nair wrote:one indicator 3 moving averages that's all the system comprises of .

Indicator is daily open line indicator., moving averages are 12 high and 12 low, 9 and 18.

while daily open line indicator is plotted : A WHITE DARK LITTLE LINE IN BETWEEN PRICES.

YELLOW CHANNEL LINES ARE 12 SMA'S WHICH ACT AS CHANNELS HIGH AND LOW OF SMA 12

RED IS 9 SMA , AND BLUE IS 18 SMA.

A condition should be checked for opening positions. Just make pending orders for a bar forming above or below the daily open line.
If eigther hits one closes the other or the hitting one.

Next rule is if the candle is above 9sma 12 high and above the daily open line buy -this should work in pending order.
price if above the daily open line take buy .,If below daily open line take sell.

If price is below the daily open line with the following conditions:

price /candle open below the daily open line.
candle is below 9sma, 12 low and below the daily open line.

continue till price crosses back the 12 high low channel.

REVERSAL;

IF PRICE REVERSES CLOSE THE ORDER AND OPEN IN OPPOSITE DIRECTION (TREND DIRECTION) if price reversal is felt in the daily open line this should be done.

normal exits will be on price channel crossing.

Tp :

price entry to untill channel high or low is crossed.TP can also be on fibonacci lines or combined with channel re-entry or re-crossing.
sl;

First sl is below the daily open line or previous bar low /high.
price channel high or low as per order entry.

That's all with the strategy can someone help coding an EA ., eigther it be VRganesh. or some trader cum coders.

As the indicator is based on daily open line ., it needs to work from market inception, markets opens from sydney,tokyo,london and us.

But indicator is plotted in M30 for ease.

I need EA for the above system and you can see the profitability and ease of trading.
nair
 
Posts: 4
Joined: Thu Jun 30, 2011 7:37 am

Re: can somebody help to code an EA for my strategy.

Postby clickfine » Tue Apr 03, 2012 2:47 am

Hi,
You can contact [email protected], some friends tried them.
clickfine
 
Posts: 5
Joined: Sun Feb 05, 2012 10:39 am


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