Hmm, a moving average trading? This is quite common actually.
You might want to join this yahoo group and look through their files I'm almost sure they have what you're looking for:
MetaTrader_Experts_and_Indicators : MetaTrader_Experts_and_Indicators
Hi,I´m new here and I have made up a system that I would try in a demo account inInterbankFX, but I don´t know how to do the EA for it. Can someone please help me on this?Cable (charts=30 min)RSI>50 and 5WMA>50WMA BUYRSI<50 and 5WMA50 and 5WMA>50WMA and price>5WMA- Sell if RSI<50 and 5WMA<50WMA and price<5WMAWMA - Weighted Moving AverageMarket: GBPUSDI would like to know your thoughts about this system, and if someone could do the backtesting I would be very much apreciated, since I don´t know how to do it. Thanks,J FonsecaPs: By mystake I posted thison Custom Request
I could probably code that for you, if you still want it. Just ask. I'll be here, waiting...
Hi,
Thanks for your offer. I´ve made some changes in my TS, so it goes likes this:
Cable (charts=30 min)
- Buy if RSI(35)>51 and 5WMA>50WMA and price>5WMA
- Close if RSI(35)<50 and 5WMA<35WMA and price<5WMA
- Sell if RSI(35)<49 and 5WMA<50WMA and price<5WMA
- Close if RSI(35)>50 and 5WMA>35WMA and price>5WMA
40 Trail stop orders.
Open orders only get done if Damiani Volameter says TRADE
Damiani Volameter indicator link:https://www.mql5.com/go?link=http://www.damianifx.com.br/downloads/Damiani_volatmeter.mq4
After you do this EA for my system please post it here so everyone can test it.
Thanks,
JFonseca
You may want to make the trailing stop a variable so when testing your expert you can optimize it to your needs.
Alright! Here it is! I had to modify the damiani indicator to get it to work with the EA, so I've posted the modified version of that as well.
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Hi,
I´m new here and I have made up a system that I would try in a demo account inInterbankFX, but I don´t know how to do the EA for it. Can someone please help me on this?
Cable (charts=30 min)
RSI>50 and 5WMA>50WMA BUY
RSI<50 and 5WMA<50WMA SHORT
All orders are Stop And Reverse, except the 60 Trail Stop orders
60 TRAIL STOP
If trail stop gets activated then wait until next sign or:
- Buy if RSI>50 and 5WMA>50WMA and price>5WMA
- Sell if RSI<50 and 5WMA<50WMA and price<5WMA
WMA - Weighted Moving Average
Market: GBPUSD
I would like to know your thoughts about this system, and if someone could do the backtesting I would be very much apreciated, since I don´t know how to do it.
Thanks,
J Fonseca
Ps: By mystake I posted thison Custom Request