this indicator maybe has future data, so it almost can not used for EA.
future data means use new data to change all past indicator if receive new data
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hi all,
first, happy holidays to all and may the new year bring a lot of pips for us!
I'm looking for an simple EA for the attached ASCTrend1sig.mq4 indicator which should do the following:
- ASC shows the signal (arrow) and with the next starting timeframe a position should be opend - so when using i.e. 1h timeframe and there is a valid signal from the previous hour (i.e. long), a position should be opend with the next hourly rollover
- Closing the position when the indicator shows trend ending and entering a reverse trade (again, only when the given timeframe has ended and the signal is still valid)
- a protective stoploss of i.e. 100 pips when entering any position
I couldn't find any working EA for this indicator so any help is highly appreciated.
Cheers and thanks and happy new year!
555