EA 3 iMA Trend

grat001 · Post by **grat001** » Fri Nov 28, 2014 11:07 pm

Hi,

I tried to create a EA on this theory:

Trend is if you 3 MA is in the correct order. Must be in the same direction on multiple TF.

like this

Code: Select all

1M  :   Fast > Avg && Avg > Slow && Fast < High[0]
5M  :   Fast > Avg && Avg > Slow && Fast < High[0]
15M  :   Fast > Avg && Avg > Slow && Fast < High[0]
30M  :   Fast > Avg && Avg > Slow && Fast < High[0]
1H  :   Fast > Avg && Avg > Slow && Fast < High[0]

all conditions together is signal for SHORT

etc...

2014/12/03
Add indicator with the same function. ( So i thinking is better. New version EA in short time )

IN_3ema.mq4

sorry for me english. Beter is source.

P.S. many code is from work other people form this forum. Big thanks for all

AGT · Post by **AGT** » Sat Nov 29, 2014 12:14 am

Ok. Yes - that strategy is one of the most simple an oldest principles in trading.
All success or failure depends in any case on the money management.
So do for a first guidance only any BT's (tickdata !) exist or better forward tests ?
Using the MA's, we all know, the point is the range market ! Yes the use of the MTF approach could improve the results - presumably. So I'm at this moment not very convinced in this strategy/bot. But nevertheless - may be you have some further strong arguments ?