Trabajo finalizado
Plazo de ejecución 8 días
Comentario del Cliente
Price retraces towards the 20ma
Can you build me a simple EA? I would like
the EX4 and MQL4 source files also. The Screen shots that I sent are for the H4
and H1 TF´s. The set up actually works much better on W1 and D1 TF´s.
I have
screenshots of what I want.
-I want to use a trending
(not flat) 20ma as a dynamic S/R. (ma should have adjustable parameters).
-I want to use 2 Time
Frames. Any TF´s can be used.
-The immediate upper TF 20ma
must be trending up or down, say greater/less than 30% angle for at least the
last 3 bars. The upper TF should have adjustable time and degrees parameters.
For example, if I am trading on H1, then H4 20ma must have an angle
greater/less than 30 degrees.
-I want to enter into a
pull-back/rally to the current TF 20ma.
I will use a short example
here on H4 and H1, but a buy trade is exactly opposite.
Short Setup:
I am trading on
H1 so H4 20ma must be trending down at less than 30 degrees for at least the
last 3 bars. (adjustable parameters)
On H1, price has
been steadily going down and then has a rally (retrace) up towards the 20ma.
The initial pattern is 4 bars. After bar #1 there must be 3 bars with
consecutive higher lows. The 3 bar consecutive higher lows (not the highs or
the close) must still be under the current TF 20ma at this point.
Once this
condition has been met, place a pending short entry 5 pips below the last low.
(adjustable pip parameter)
If there is no
fill and price continues higher with higher lows, keep moving the pending short
order up 5 pips under the last bar low. From here (after the 4th
bar), the consecutive higher lows can start being above the 20ma.
If there is a
pending order condition and the pending order line is not touched, say price
makes a lower low only 3 pips below the last bar, do not move the original
pending order. Now, on the next bar/bars, if price does hit the pending order,
then it is filled…………however, if price continues moving higher and is making more
higher lows, keep trailing the pending order line up with the 5 pips below last
low entry.
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