Ok here it is
need an EA that looks at 4 Time Frames and when they all agree you take a trade.
Here is the Inidicators used
RSI
MACD
Determine trend with RSI over 50 buy only ...under 50 sell only
Us the MACD as the trigger indicator
MACD set at 12,26,1
when it crosses (closes) above "0" you buy if RSI is above 50
when it crosses (closes) below "0" you sell if RSI is Below 50
now the key is the RSI and MACD have to agree on 4 Time Frames to take a trade .
Time Frames are 5m 15m 30m 1h
we will look at all trades opening on a 15 min chart each time it closes above or below on 15 min it opens a trade (as long as all other time frames agree).
PARAMETERS NEEDED
TP is 25 pips (Make adjustable)
SL is 25 pips (Make adjustable)
Trailing stop option would be nice
break even after X # of pips would be nice as well
lot size set at .1 (but can be adjustable)
MM would be nice but not needed
Magic #
(any other basic functions I may have missed)
Please let me know if anyone can code this and help with testing
thanks
need an EA that looks at 4 Time Frames and when they all agree you take a trade.
Here is the Inidicators used
RSI
MACD
Determine trend with RSI over 50 buy only ...under 50 sell only
Us the MACD as the trigger indicator
MACD set at 12,26,1
when it crosses (closes) above "0" you buy if RSI is above 50
when it crosses (closes) below "0" you sell if RSI is Below 50
now the key is the RSI and MACD have to agree on 4 Time Frames to take a trade .
Time Frames are 5m 15m 30m 1h
we will look at all trades opening on a 15 min chart each time it closes above or below on 15 min it opens a trade (as long as all other time frames agree).
PARAMETERS NEEDED
TP is 25 pips (Make adjustable)
SL is 25 pips (Make adjustable)
Trailing stop option would be nice
break even after X # of pips would be nice as well
lot size set at .1 (but can be adjustable)
MM would be nice but not needed
Magic #
(any other basic functions I may have missed)
Please let me know if anyone can code this and help with testing
thanks
M4X............ Hedging My Way To Profits!