Forex Trading Expert Advisors (EA or automated trading system) and Custom Indicators (CI) for MetaTrader Platform.

Hi All,

I'm going to create some EAs which will go as a bonus with our trailing EAs.
These new EAs will use trailing to exit trades and a breakeven function from the original trailing EAs. I'm collecting different ideas for entry rules. So, if you want to get your entry rules codded for free please post in this thread.

The rule should look like this:

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Indicators:
Two Moving Average (MA) (fast and slow)
Stochastic (toplevel, bottomlevel)

Long position:
1. Fast MA cross slow MA UP
2. Stoch is below bottomlevel

Short position:
1. Fast MA cross slow MA Down
2. Stoch is above toplevel

Comments:
very simple rules. one EA is slow (e.g. with period 96) other one is fast (period 24) entry when they cross. the cross should be confirmed with stochastic indicator. Stochastic value when MA crossed should be above or below the predefined values (e.g above 90 or below 10). MA and Stoch parameters pluss Stoch should be input parameters.

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Please post your rules and we will code them.

Please note that we will include these EAs as a bonus into all our products.

Thanks
Mikhail

trooper you have asked for ideas on open logic EA'S and i have one for you to add to your LOCTrader EA .
the idea is to incorporate more Indicators one can use in the LOCTrader EA for entry/exit signals for the EA to use.
external selection of either one indicator or use multiple in the EA'S Analysis to enter/exit trades and as you already have in the EA= trailing stop feature, this is going in the right direction.
i have seen what is on the Signal page of only two choices for signal entries and they are moving average type, could you clarify what other signals one can use with the LOCTrader EA?
My input is to use several choices for signal entries in one EA, i like to have personally the following choices in an EA like LOCTrader EA :
1. Stochastics SLOW/FAST Crossing=%d/%k at whatever parameters i choose to set up externally.
2. Macd 2 line Crossing at whatever external parameters i would choose-standard is set to 12,26,9 but needs to be changable- i have indicator you may like to use for this one showing the 2 lines Crossing it does show the Histogram as well.
3. you already have the Moving Average which is Good.
4. just to Confirm about the LOCTrader EA- , Can be used on Any time frame?, Can be used on Any Pair? i think Yes to these 2 questions.
5. I would Really like to see Time Filters when the EA will Trade, some Traders only Trade Certain Sessions like London or NY or Asian, but if you incorporated a Time Filter Selection in the LOCTrader EA that could either Trade Constant 24 hour cycle or use Time Filters it would be Excellent!
i have seen some other EA'S with 4=Four Selectable Choices for Time Filters in a 24 hour cycle, in other words if a Trader wanted to Trade London and Not NY one could choose certain Sessions or Specific Times the EA would take Trades.
trooper i am only suggesting what you could do here with the LOCTrader EA and if you would incorporate these ideas i and a few more of my friends as well as Many other Traders would be Very Interested in your LOCTrader EA with All these available Features in one EA.
Thanks for Considering open Logic Ideas from Traders like me, please get back to me on this matter, because this is what i am looking for along with your Trailing Features you already program into LOCTrader EA. my email is- optionman31601@yahoo.com

Hi I have seen many of the videos of the LoCtrailing EA and seems like a very usefull tool.
I have also beeb searching for a developement offer like this to share my ideas.
I have been mostly "studying" breakouts and have noticed an 100% consistency on some indices when this happens.
SO here are the results I have noticed.
For this we have to have set the folowing
EMA ( exponental Average) one at 10 and other at 50
so EMA 10 and EMA 50
MACD histogram 9E 12, 26CE
RSI at 14
Slow Stochastic( 5,3,3,)
P.Sar at 0.02 and 0.2) works also to 0.03 and 0.2)
Bollinger Bands as well.

Below is an example for this of the Crude Oil of yesterday.



As you see at the breakout ( marked with red)
Happen the following.
The Psar Is underneath
The exchange rate line breaks out of the bollinger bands ( though that may not always happen)
The EMA 10 ( red) is Above the EMA 50
The MACD histogram is above o with the fast line over the slower.
The RSI is above 50 ( even 50.1 counts many times )
The Stochastic white is above the red signaling upward momentum

one could add also the momentum indicator which in most if not all situations will have a value little above 100. level..

Of course the long position could have been opened BEFORS , i.e. at 13:50 at the chart, with little reverse following after
For short postitions on negative breakouts oposite rules apply.

I can provide many examples, however if you apply these indicators I mention to your own platform to identify breakouts (bigger or smaller)long or short you will notice that happen almost every day. (considering thre are so many things to trade)
The point is the quite big jump on the price which isn't just a hunt for a few pips but a "pips heaven" I shall say

Below is a todays breakout in Gold, I didn't expect it ( because the EMA 10was below the EMA 50) but decided to enter since all the other signals were correct so went long after 1660 , took profit at about 1672
( I recon, if having a program like the LOCtrailing could have followed the price for me and ensured more profit)



For sure if a breakout happens,nothing stops it till next resistance or support point.

What do you mean by manual analysis of the system ?

Hope that helped. Alex.

Τhank you I will test them.
These work as alerts right ?

Hi Mikhail,

I will like to ask if custom indicator can also be coded if strategy to trade it is presented.

Thank you.

KittyNaija.

It is unfortunate that I searched for so long I could not upload my files. Please admin kindly direct me on the steps to take in your next post.

I do not see any attachment box may be I need a precise description of where to find it. Thank you.

Hi Trooper,

I believe my logic made sense,if you need any clarification please let me know. Thanks.