Long term trend and short term trade using global variables
Results 1 to 4 of 4

Thread: Long term trend and short term trade using global variables

  1. 11:51,  #1
    VoSessqwz
    VoSessqwz is offline
    Junior Member VoSessqwz's Avatar
    Posts
    3
    More than anything I'm kind of talking this out to receive it directly to myself, and if anyone can benefit or provide feedback it's much more than welcome. I feel quite new in this.

    I'm considering producing an EA that utilizes long term trends such as 4h or 1d moving averages, and trading short term such as 1m or 5m. Would global factors be a fantastic way to accomplish this? It could be practical to have a global variable to define if it's a longer duration buy or sell market. Is anybody familiar with EA's who do this? I'm sure I'm not the first man to get this done.

    Fundamental example: On 1d timeframe I've a moving average crossover into a buy market for a currency. This EA says buy, therefore the short term EA buys while within this fashion, and just buys. It would TP in 50 pips for example. Another buy opportunity presents itself and it deals back and it keeps doing so until the very long term switches back to sell territory.

    Is there an easier way to build this into a single EA? Can somebody point me in the path of an EA that does this? I suppose I'm not the first man to conceive of this.
    Reply With Quote Reply With Quote
  2. 20:19,  #2
    Cakdojesr999
    Cakdojesr999 is offline
    Member Cakdojesr999's Avatar
    Posts
    45
    Quote Originally Posted by ;
    More than that I'm kind of speaking this out to get it straight to myself, and when everyone can gain or supply feedback it is more than welcome. I still feel pretty new in this. I'm thinking about creating an EA which utilizes long term trends like 4h or 1d moving averages, and trading short term like 1m or 5m. Would global variables be a good way to reach this? It could be useful to have a global variable to specify if it is a longer term buy or sell market. Is anybody familiar with EA's that do this? I'm sure I'm not the initial...
    you'll be able to program this very simple in 1 Expert advisor, you are able to calculate all timeframes (and anything else) in any chart timeframe inside expert advisor, therefore no need to use two specialists advisors programms. Simple style for the requirements you will need for buying, calculate your moneymanagement, install any suitable riskmanagement within the Pro against all possibilities what can occur,... and do the transaction and handle it and done. This is extrem. Later (when you have programmed more) you can enlarge the program with include files and boost the design look, solutions, backtest, innovative risk reducing,.... And and and...
    Reply With Quote Reply With Quote
  3. 21:39,  #3
    cesSa20
    cesSa20 is offline
    Junior Member cesSa20's Avatar
    Posts
    15
    It's a very good concept and just one EA is needed to carry out the job.I am not a coder but there are many generous coders here who can help us in this matter.More blockers are needed to build on principles of entry (egy).All the best!
    Reply With Quote Reply With Quote
  4. 23:00,  #4
    esnnnesawS
    esnnnesawS is offline
    Junior Member esnnnesawS's Avatar
    Posts
    11
    Quote Originally Posted by ;
    More than anything I am kind of talking this out to receive it straight to myself, also when anyone can gain or supply feedback it is much more than welcome. I still feel pretty new at this. I'm considering creating an EA that utilizes long term trends such as 4h or 1d moving averages, and trading short term such as 1m or 5m. Would global variables be a fantastic way to reach this? It could be practical to have a global variable to specify if it is a longer term buy or sell market. Is anybody familiar with EA's that do this? I'm sure I am not the first...
    Hi, thanks to the share. Before leaping to get an EA coded, I suggest that you develop a egy the'computer software' can follow along with iron out the kinks and nice information. FOr example, greater TF 4Hr or Daily MA, which ones? As distinct MA pairs will cross at several times. You need entry rules, depart rules. Since the machine will do what it is told. Then you have to test the machine rules and reveal that it is profitable and just then seek coders that will assist you. For me, the reality is that no coder on here will use their time to compose / help you compose a code if they don't see that you your self has put in some effort into creating your egy. See if there is already an EA that uses MA's that you can try change with the HTF bias.
    Check out this article, I presume it has what you are looking for: https://www.forexforum.co.za/cryptoc...ve-profit.html
    Best of luck and apologies for stating the harsh fact, please don't be discourage and continue to develop your egy.
    Kind Regards,
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules

This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.