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this thread has an EA by irusoh for those interested in testing it. He only coded in a 20 pip stoploss and I would recommend 35-40.
http://www.forexfactory.com/showthread.php?t=16024
Maji and newdigital are correct. MA crossover systems don't work. I have built an almost identical system that when optimized for a specific time looks like a money maker. When it is tested for the next equivalent length of time it drains your account. Read Larry Williams' book "Long Term Secrets to Short Term Trading". In chapter 2 he goes into why they don't work. Its good reading anyway because his approach is nothing like you will find on the internet these days. Good luck.
Hi, Nice to meet u.
I'm newbie.
How do Buy & Sell EA?
Buy EA:
1. buy 5%,
Example:
My account have $500.
Now the trend is bull (UP), then i use (buy 5%) EA ,
it auto settings target profit 10 pips and when reach 10 pips ,it auto close and profit $25.
&
2. Sell 5%,
Example:
My account have $500.
Now the trend is bear (DOWN), then i use (sell 5%) EA ,
it auto settings target profit 10 pips and when reach 10 pips ,it auto close and profit $25.
Then the balance is $525. the second time to trade sell 5% and profit is $26....$27...$28.......
This .ex4 =====> buy_5.ex4
I have this .ex4, but cannot use in other platform and show broker error.
How to fix it?
Or
Can make like this EA?
Thanks.