finimej Posted August 24, 2009 Report Posted August 24, 2009 download the EA from here, include settings, backtest pictures I just quickly backtested it on the EURUSD M5 timeframe with the 5 digits settings. if you are using 4 digits, you may just to use the default settings. play with it in backtesting and find out the best settings, then you can forward test with it. This EA has a very nice code, and is using HMA_V07.1 indicator, here is the logic hma4_1 = iCustom(Symbol(), 0, "HMA_v07.1", 4, 200, 1, last_bar); hma4_2 = iCustom(Symbol(), 0, "HMA_v07.1", 4, 200, 1, last_bar + 1); hma6_1 = iCustom(Symbol(), 0, "HMA_v07.1", 6, 200, 1, last_bar); hma6_2 = iCustom(Symbol(), 0, "HMA_v07.1", 6, 200, 1, last_bar + 1); hma8_1 = iCustom(Symbol(), 0, "HMA_v07.1", 8, 200, 1, last_bar); hma8_2 = iCustom(Symbol(), 0, "HMA_v07.1", 8, 200, 1, last_bar + 1); hma10_1 = iCustom(Symbol(), 0, "HMA_v07.1", 10, 500, 1, last_bar); hma10_2 = iCustom(Symbol(), 0, "HMA_v07.1", 10, 500, 1, last_bar + 1); hma20_1 = iCustom(Symbol(), 0, "HMA_v07.1", 20, 500, 1, last_bar); hma20_2 = iCustom(Symbol(), 0, "HMA_v07.1", 20, 500, 1, last_bar + 1); hma40_1 = iCustom(Symbol(), 0, "HMA_v07.1", 40, 800, 1, last_bar); hma40_2 = iCustom(Symbol(), 0, "HMA_v07.1", 40, 800, 1, last_bar + 1); hma80_1 = iCustom(Symbol(), 0, "HMA_v07.1", 80, 800, 1, last_bar); hma80_2 = iCustom(Symbol(), 0, "HMA_v07.1", 80, 800, 1, last_bar + 1); hma200_1 = iCustom(Symbol(), 0, "HMA_v07.1", 200, 1000, 1, last_bar); hma200_2 = iCustom(Symbol(), 0, "HMA_v07.1", 200, 1000, 1, last_bar + 1); hma420_1 = iCustom(Symbol(), 0, "HMA_v07.1", 420, 2000, 1, last_bar); hma420_2 = iCustom(Symbol(), 0, "HMA_v07.1", 420, 2000, 1, last_bar + 1); if ( hma420_1 > hma420_2 && hma200_1 > hma200_2 && hma200_2 > hma420_2 && hma4_1 > hma6_1 && hma6_1 > hma8_1 && hma8_1 > hma10_1 && hma10_1 > hma20_1 && hma20_1 > hma40_1 && hma40_1 > hma80_1 && hma4_1 > hma4_2 && hma6_1 > hma6_2 && hma8_1 > hma8_2 && hma10_1 > hma10_2 && hma20_1 > hma20_2 && hma40_1 > hma40_2 && hma80_1 > hma80_2 && long ) { myOrderType=2; } //buy order if ( hma420_1 < hma420_2 && hma200_1 < hma200_2 && hma200_2 < hma420_2 && hma4_1 < hma6_1 && hma6_1 < hma8_1 && hma8_1 < hma10_1 && hma10_1 < hma20_1 && hma20_1 < hma40_1 && hma40_1 < hma80_1 && hma4_1 < hma4_2 && hma6_1 < hma6_2 && hma8_1 < hma8_2 && hma10_1 < hma10_2 && hma20_1 < hma20_2 && hma40_1 < hma40_2 && hma80_1 < hma80_2 && short ) so it is like use the HMA gumma on multi-timeframe to detect the big trend in M5, and use the trail to exit. my setting is selecting the trail 10 pips to exit. you can use the rsi to exit option as well. http://www.formulatrader.com/download/bild/hma.gif ofcause, there is hope to find a good ea for trend condition, if we all help!. Trade logic, see picture. use the upperleft corner icon to enlarge the picture. http://www.formulatrader.com/download/bild/hmalogic.gif Another people has tested it as well.
reza_oscar Posted August 24, 2009 Report Posted August 24, 2009 Re: Free EA, HMA EA, trend following EA on M5. nice sharing tnx :)>- LAL: Laugh At Life it's too short to be sad..
ppc123 Posted August 25, 2009 Report Posted August 25, 2009 Re: Free EA, HMA EA, trend following EA on M5. lol... I think it's telling the same story as those free martingale-style nonlagdot/nonlagma/zerolagmacd/zerolagstoch EAs...
finimej Posted August 25, 2009 Author Report Posted August 25, 2009 Re: Free EA, HMA EA, trend following EA on M5. this HMA is use last finished bar, so it is ok. yes, We need to turn off this martingale.
hyperdimension Posted August 25, 2009 Report Posted August 25, 2009 Re: Free EA, HMA EA, trend following EA on M5. This reminds me of the Sniper Forex strategy, which was discussed a while ago on this site. It also uses HMA and is currently the 5th in the top-ranked forex services at forexpeacearmy:http://www.forexpeacearmy.com/public/review/www.sniperforex.com It uses MetaTrader indicators but an EA is not provided, so it needs to be traded manually. It would be good to see how profitable an EA of the Sniper Forex trading strategy would be.
msnfx Posted August 25, 2009 Report Posted August 25, 2009 Re: Free EA, HMA EA, trend following EA on M5. Hi Guys Can Anyone Share Best Setting of GU,EU,UJ,UC ^:)^ Thanks ;)
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