- Identify the trend.
- Send a stop and limit order x pips away from the market.
- Whichever order fills first, delete the other and add a grid of stop orders.
I had an idea whilst making the fix: let's code the bot so that even modest coders can adapt the EA to detect the trend with any indicator thy chose. This is a brief, 3 step process that I describe in the attached pdf document. We can quickly and easily create a whole tribe of Trendy Moving Day auto traders.
I have also added Super Slope as an option to confirm that there is enough strength in the market to justify trading.
Every thing else is Moving Day. I adapted SPB to create MD in the first place, so read SPB's user guide if you are unsure of any of the usual inputs. Find it at viewtopic.php?p=159559#p159559
When adapting a version to suit yourselves:
- Use Moving Day Adapted's Gone Trendy as your shell when inserting your own choice of indi to identify the trend and you do not require the cross of one element by another.
- Use Moving Day Adapted's Gone Trendy And Crossy as your shell when you do require one element to cross another - for example a slow EMA by a fast EMA.
- Use Moving Day Adapted's Gone Trendy with Stochy as your shell when your indi shows a change of state. Some examples:
- An indi that draws a line that changes colour when it calculates a trend change.
- An indi that spots a move out of one area of strength/weakness to another, such as Super Slope changing colour.
Here are the versions we have so far:
viewtopic.php?p=170686#p170
viewtopic.php?p=170688#p170688686
viewtopic.php?p=170699#p170699
viewtopic.php?p=170700#p170700
viewtopic.php?p=170712#p170712
viewtopic.php?p=170748#p170748
viewtopic.php?p=170780#p170780