Change this indicator to EA

[chankl78]

Can anyone help to convert this to EA?

 

http://www.mediafire.com/?goj1fyzymdw
Password for the indicator is 6303590

Link to this indicator is as below
[url]http://www.forexfactory.com/showthread.php?t=212301[/url]

 

I prefer it to be used in M1 TimeFrame.

Everytime, where any pairs crosses it will buy or sell according to which currencies is stronger.

 

If it crosses again, it will close the trade if it is in profits.

 

So far, I have tested it live... it is quite good in a manual way. I only used M1 & when the pairs crosses after 3 to 4 mins I enter the trade. Below is my live manual results with forex.com uk. My Take Profit is 50pips, Breakeven is 9pips & Stop Loss is 20pips using Quik Trailing.

 

Below is my results since 23rd Dec.

 

10266859 2009.12.23 13:20 sell 0.01 usdjpy 91.699 91.639 91.549 2009.12.23 15:01 91.605 0.00 0.00 0.00 1.03

10272490 2009.12.23 16:26 sell 0.01 usdjpy 91.510 91.710 91.360 2009.12.23 17:18 91.459 0.00 0.00 0.00 0.56

10281528 2009.12.24 02:43 sell 0.01 usdjpy 91.523 91.723 91.373 2009.12.24 03:38 91.470 0.00 0.00 0.00 0.58

10281582 2009.12.24 02:47 buy 0.01 gbpusd 1.59923 1.59723 1.60073 2009.12.24 06:54 1.60005 0.00 0.00 0.00 0.82

10283527 2009.12.24 06:26 buy 0.01 eurusd 1.43574 1.43374 1.43724 2009.12.24 07:20 1.43662 0.00 0.00 0.00 0.88

10284742 2009.12.24 08:09 sell 0.01 usdjpy 91.300 91.500 91.150 2009.12.24 09:14 91.249 0.00 0.00 0.00 0.56

10284937 2009.12.24 08:20 buy 0.01 eurusd 1.43573 1.43633 1.43723 2009.12.24 09:18 1.43723 0.00 0.00 0.00 1.50

10311204 2009.12.28 16:38 sell 0.01 eurusd 1.43932 1.44132 1.43782 2009.12.28 17:30 1.43917 0.00 0.00 0.00 0.15

10315643 2009.12.29 00:25 sell 0.01 eurusd 1.43656 1.43629 1.43363 2009.12.29 04:13 1.43629 0.00 0.00 0.00 0.27

10318171 2009.12.29 06:22 buy 0.01 eurusd 1.43776 1.43836 1.43926 2009.12.29 07:18 1.43926 0.00 0.00 0.00 1.50

10324430 2009.12.29 11:15 buy 0.01 usdjpy 91.772 91.832 91.972 2009.12.29 16:03 91.921 0.00 0.00 0.00 1.62

10347058 2009.12.30 06:27 buy 0.01 eurgbp 0.90234 0.90294 0.91134 2009.12.30 10:03 0.90397 0.00 0.00 0.00 2.59

10347284 2009.12.30 06:46 sell 0.01 usdjpy 92.063 92.263 91.163 2009.12.30 07:35 92.134 0.00 0.00 0.00 -0.77

10347346 2009.12.30 06:50 buy 0.01 eurusd 1.43467 1.43527 1.44367 2009.12.30 09:56 1.43527 0.00 0.00 0.00 0.60

10348265 2009.12.30 08:02 buy 0.01 usdjpy 92.113 91.913 93.013 2009.12.30 09:30 92.108 0.00 0.00 0.00 -0.05

10354015 2009.12.30 14:06 sell 0.01 eurgbp 0.90115 0.90055 0.89215 2009.12.30 14:41 0.89977 0.00 0.00 0.00 2.20

10354017 2009.12.30 14:06 sell 0.01 eurusd 1.43191 1.43051 1.42291 2009.12.30 14:53 1.43051 0.00 0.00 0.00 1.40

 

This is the steps in How I trade.

1) When a pair crosses, I will wait for 3 mins to 4 mins to see if the signals going opposite direction with the 2 lines pointing away from each other.

2) I will Buy or Sell depending on which currencies is stronger. (For example, White Line is USD, Eur is Aqua line, if White is on top of Aqua, I will Sell. If Aqua is on top of White, I will buy

3) I will close the trades when there is crosses or if it hit my Stoploss or breakeven pips i set.

 

Thanks. Hope someone can help... By the way, this indicator is very good. I love it.... Just trade by seeing which currencies is stronger... No other indicator is needed.

[saendee]

Re: Change this indicator to EA

 

:-bd nice post chankl78 will continue to forward test :shand: HAPPY NEW YEAR

[chankl78]

Re: Change this indicator to EA

 

saendee,

 

Thanks I will continue to post my manual results.

 

Yarman,

Yup.. This is exactly what I did in all the pairs I trade.

 

So far, I have use it to trade news last night in EU. It works. This pair crosses ard 45mins before the news.

What horrified me is that... if I used it on UJ, GU.... I would have make even more than EU... (I miss is partly because at the time, my 8 months old baby is crying..... :(( )

 

I think the bad part of this indicator is that I need to manually look for the signal. As I am working.. I got not enough time to look at the chart.

But everytime when I look at the chart, most of the time, it is way pass the signal.

 

So that's y I need help in changing this indicator to EA.

 

Haha.. Anyway, Happy New Year to all.

Hope everyone will make money in 2010.

 

Me going to Malaysia for a 1 day holiday to celebrate my 2nd Wedding Anniversary (which is today....)

 

HAPPY NEW YEAR!!!!

 

-- 01 Jan 2010, 21:41 --

 

http://indo-investasi.com/viewtopic.php?f=9&t=7201&p=70533#p70533

 

In this thread, I mention how I trade with this indicator.

Can kind person help me to create an EA out of this indicator?

 

Thanks.

[Cyrillic]

Re: Change this indicator to EA

 

Give me the complete breakout of the logic that you want this ea to have. Precise entry exist point by point and i'll get my guy to code it for you.

example.

When line a crosse line b wait 3 minutes.

After three minutes if trade this than this and if that than that.

 

Im asking for precise because thats the only language machine will ever understand there is no hunch or feeling there is just pure numbers and pure decisions based on those numbers.

[chankl78]

Re: Change this indicator to EA

 

Give me some time to plan it out.....

Hmmm.. thanks so much!!!

 

Million Kudos...

 

-- 05 Jan 2010, 11:30 --

 

I will Use EU as example but, hope it can run in any pairs.

Eur = Aqua Color

Usd = White Colour

 

Allow us to choose which pair to trades

Timeframe = Please allow us to choose which timeframe for the crossing of the 2 lines

 

Please do allow Money Management based on Equity or balance & if equity is below certain level, it will not open a trade.

Please do allow us to set magic number, Take profit (1,2 or 3 by number of pips & how many percent for each take profit), Stop Loss, Trailing Stop.

 

Please allow us to have the Start & End time to trade.

Please allow us to choose whether to close the trades when the line crosses again if it failed to hit our breakeven pips.

 

Please do include a breakeven pips so that if it reached this pips, it will close this trade immediately.

 

So for the entry,

if the first bar when the lines crosses, and there is a difference of 0.1 between each other, it will watch out.

If 2nd bar is greater than each other, it will standby

If 3rd bar is confirm greater than 2nd bar, it will enter on the 4th bar opening.

 

So for the exit.

When the 2 lines crosses again. If the trade is in negative, it will close the trades unless there is a parameter as mention above choose not to close it. If that the case, the breakeven & take profit will still be valid.

 

2nd exit is based on the 3 take profits.

 

If there is a current pair still open, it will not open a new trades.

 

That's all.

Is it ok? Thanks.

[scarface]

Re: Change this indicator to EA

 

Hi guys,

 

Good day,

 

Thanks for the thread. I like to see some strategies 1M TF base. They are more efficient than others since you don't have to place stop loss most of the times :)

 

I want to participate as well in improving this system whenever I have time.

 

Best wishes,

[Cyrillic]

Re: Change this indicator to EA

 

Ok looks simple enough, i will work on it and see what i can do...

[mograst]

Re: Change this indicator to EA

 

i just drag&drop on an M1 chart the indicator but no lines are shown (nothing is shown) How do let the indicator work and where to put the PW?

(If PW supposed to be put in the latest comment field, then it doesnt work as I put it already)

 

thanks for help

[chankl78]

Re: Change this indicator to EA

 

mograst,

 

Did you put "6303590" in the parameters? The one with a strange symbols.

If you put this, you will see all the lines.

[mograst]

Re: Change this indicator to EA

 

mograst,

 

Did you put "6303590" in the parameters? The one with a strange symbols.

If you put this, you will see all the lines.

 

hi chankl78,

yes i have done this but it just doesnt display anything.... very strange.....

[chankl78]

Re: Change this indicator to EA

 

mograst,

 

Hmmm.. That's strange, once I put the number, I will see the lines come out. Can you try thicker the line? Or what about the colours? Did you set it to black or none?

 

Cyrillic,

Hi, have you started work on this? Can you don't work on it first? After the market open... Using my methods, it had lots of false entry thus created a lot of losses.

 

Think it can only work in major bank holidays.

Now, I am trying Yarman 5mins system with G7_USD. But, need more testing.

 

Sorry for the troubles caused.

[Cyrillic]

Re: Change this indicator to EA

 

Do not worry, i will wait, just look for a reliable system to code and shoot me a PM good luck!