i have a very succesful system i have developed, that is intended to be traded mechanically, so i have been wanting for a while now, to make it an EA, however i know absolutely nothing about programming and would like to learn it.
the basic idea is a box is drawn around the high and low of price from say 12:00-1800 a 10 pip buffer zone is extended up from teh high, and 10 pips down from the low(this is the panca eagle indicator for you guys who know it.), when price breaks out of this buffer zone a have a 12 pip TP and 17 pip stoploss is used.
this is the basic idea of the system. i would like to also implement a rule that when i get to 5 pips of profit set it to B/E.
and i would eventually like to have what some people call a runner where when TP is hit, most of the position is closed and a little is left open incase we get a continuation of the move...but this is not nescessary as of yet.
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what i want to know is how long it will take me to accrue the basic mql4 knowledge to program such an EA?... again i have no programming knowledge at all, except in gr 9 i had this little miniclass where we learned turing for a week and i made a rocketship go to the moon.
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~~~~~~~~~~~SEPARATE QUESTION~~~~~~~~~~~~~
also, once i had a EA someone made, and it was set so that when there is X amount of profit set to break even. but when X was hit, there would often be a lag before the EA would set to B/E and sometimes it would be a fast market and it would go 5 or 10 pips beyond where it was supposed to before the EA set to B/E.
when this would happen with the Stoploss on the same EA instead of getting stopped out at 10 like i was supposed to i would be out at 15 or 20.
is this a normal thing to happen with EA's? or was it this single EA? was there a problem with the code?
is it usually that when the stoploss is at 10 the very second 10 is hit the position is closed?
i know this is a long post, but i appreciate any help i get, and i will be sure to post the EA as soon as it is done.
SINCERLY,
ALEX
the basic idea is a box is drawn around the high and low of price from say 12:00-1800 a 10 pip buffer zone is extended up from teh high, and 10 pips down from the low(this is the panca eagle indicator for you guys who know it.), when price breaks out of this buffer zone a have a 12 pip TP and 17 pip stoploss is used.
this is the basic idea of the system. i would like to also implement a rule that when i get to 5 pips of profit set it to B/E.
and i would eventually like to have what some people call a runner where when TP is hit, most of the position is closed and a little is left open incase we get a continuation of the move...but this is not nescessary as of yet.
--------------------------------------
what i want to know is how long it will take me to accrue the basic mql4 knowledge to program such an EA?... again i have no programming knowledge at all, except in gr 9 i had this little miniclass where we learned turing for a week and i made a rocketship go to the moon.
---------------------------------------
~~~~~~~~~~~SEPARATE QUESTION~~~~~~~~~~~~~
also, once i had a EA someone made, and it was set so that when there is X amount of profit set to break even. but when X was hit, there would often be a lag before the EA would set to B/E and sometimes it would be a fast market and it would go 5 or 10 pips beyond where it was supposed to before the EA set to B/E.
when this would happen with the Stoploss on the same EA instead of getting stopped out at 10 like i was supposed to i would be out at 15 or 20.
is this a normal thing to happen with EA's? or was it this single EA? was there a problem with the code?
is it usually that when the stoploss is at 10 the very second 10 is hit the position is closed?
i know this is a long post, but i appreciate any help i get, and i will be sure to post the EA as soon as it is done.
SINCERLY,
ALEX