stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Help in creating a very simple EA on 5min TF
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=29		 Page 1 of 1
Author:  EvoPips [ Thu Nov 17, 2011 1:33 pm ]
Post subject:  Help in creating a very simple EA on 5min TF
Hi Steve or someone who is kind enough to help me create a simple EA for this system. This system can be found in babypips, the link: 15 & 5 min system .

Timeframe: 5 min
Indicators: Attach below
Buy condition: On Green alert arrow
Sell condition: On Red alert arrow
Close position at On opposition color arrow.
So when see green arrow open long, then close at red arrow. Then open short at that same red arrow, then close trade at green arrow.
Stop Loss: This system don't recommend sl, but I would like 50pips as my emergency sl.
Take Profit: 50-100pips
Breakeven: After 50pips
Trailing Stop: After BE at 50pips, when reach 75pips, apply 25pips for TS, then 100pips another 25pips, then 125pips another 25pips and so on. So example when reach 150pips, 100pips will be locked in.

For SL, TP, BE and TS, pls set it adjustable and also with true or false so we can change it to whatever amount we want it to be. :D


Image

Really appreciate if someone could help me! And pls do give suggestions!

Thanks,
Evo
Author:  gaheitman [ Thu Nov 17, 2011 9:21 pm ]
Post subject:  Re: Help in creating a very simple EA on 5min TF
One of the indicators in this system is the same as the bbands_stop indicator in the Jiva system, so it may be possible to get close to the results of this system by tweaking the settings on the Jiva bot. The bbands_stop settings that match the "BuySellMagic" indicator in this system are 30, 2, 1. You might want to start with those settings with the existing bot and see how it tests.

George
EvoPips wrote:Hi Steve or someone who is kind enough to help me create a simple EA for this system. This system can be found in babypips, the link: 15 & 5 min system .

Timeframe: 5 min
Indicators: Attach below
Buy condition: On Green alert arrow
Sell condition: On Red alert arrow
Close position at On opposition color arrow.
So when see green arrow open long, then close at red arrow. Then open short at that same red arrow, then close trade at green arrow.
Stop Loss: This system don't recommend sl, but I would like 50pips as my emergency sl.
Take Profit: 50-100pips
Breakeven: After 50pips
Trailing Stop: After BE at 50pips, when reach 75pips, apply 25pips for TS, then 100pips another 25pips, then 125pips another 25pips and so on. So example when reach 150pips, 100pips will be locked in.

For SL, TP, BE and TS, pls set it adjustable and also with true or false so we can change it to whatever amount we want it to be. :D


Image

Really appreciate if someone could help me! And pls do give suggestions!

Thanks,
Evo
All times are UTC Page 1 of 1

Powered by phpBB® Forum Software © phpBB Limited