Last 2 weeks i have been creating the Trendlord EA.
It actually started out because i wanted a system based on the Trendlord indicator. Ofcourse, this wasn't enough and needed some extra confirmations before it could work.
-First i put trendlord in the EA (which was actually a EMA50 i read, but now EMA48 in V10)
-Then i added Heiken Ashi to exterminate some other little losses (removed in V10)
-to close the orders when trend is reversing, i added the KG GGH signal indicator in the EA.
-as an extra, i added an ADR(20) indicator in it, if the KG GGH signal would be too late. The ADR value is divided by 2 and used as stoploss.
-should work with different digit brokers
It does not have many options (took me already 2 weeks to code, google test, etc. , since this is my first EA i created), but you can change the following:
-Lotsize
-MagicNumber
-EMA period
-Close orders when detaching EA
-Show total EA earnings
-send email when order opens/closes
UPDATE: Forgot to mention the entry and exit rules
Entry rules for buy (and reversed for sell):
-bar open must be under EMA50 and close above EMA50
-after the bar closes above EMA50, order is placed at start of new bar with S/L of half of ADR(20).
Exit rules for buy (and reversed for sell):
-when order reaches to S/L (half of ADR(20))
-when bar open is above EMA50 and closes below EMA50
-when pair start to turn down and signal from KG GGH is received, order is closed
When an order is closed, it waits until it receives a new valid signal (by above rules).
----------
All the EA information i found relevant is placed on the right side of the screen.
Right now, i think i'm finally ready coding for now, so i placed it on a demo account today and will see how it goes. luckily there was just a buy signal today for EURUSD, so got an entry right away.
Strategytest from the last 2 years (latest version):
-------------------------------
THE EA
V9:
V10 (No Heiken Ashi, EMA48):
V10 with TMA option added:
------------------------------
P.S. I created the system for DAILY timeframe only, and have only tested it on EURUSD pair.
If someone has improvements, or wants to test, or share other useful information regarding the code, please be my guest and lets hope for a great 2011
It actually started out because i wanted a system based on the Trendlord indicator. Ofcourse, this wasn't enough and needed some extra confirmations before it could work.
-First i put trendlord in the EA (which was actually a EMA50 i read, but now EMA48 in V10)
-Then i added Heiken Ashi to exterminate some other little losses (removed in V10)
-to close the orders when trend is reversing, i added the KG GGH signal indicator in the EA.
-as an extra, i added an ADR(20) indicator in it, if the KG GGH signal would be too late. The ADR value is divided by 2 and used as stoploss.
-should work with different digit brokers
It does not have many options (took me already 2 weeks to code, google test, etc. , since this is my first EA i created), but you can change the following:
-Lotsize
-MagicNumber
-EMA period
-Close orders when detaching EA
-Show total EA earnings
-send email when order opens/closes
UPDATE: Forgot to mention the entry and exit rules
Entry rules for buy (and reversed for sell):
-bar open must be under EMA50 and close above EMA50
-after the bar closes above EMA50, order is placed at start of new bar with S/L of half of ADR(20).
Exit rules for buy (and reversed for sell):
-when order reaches to S/L (half of ADR(20))
-when bar open is above EMA50 and closes below EMA50
-when pair start to turn down and signal from KG GGH is received, order is closed
When an order is closed, it waits until it receives a new valid signal (by above rules).
----------
All the EA information i found relevant is placed on the right side of the screen.
Right now, i think i'm finally ready coding for now, so i placed it on a demo account today and will see how it goes. luckily there was just a buy signal today for EURUSD, so got an entry right away.
Strategytest from the last 2 years (latest version):
-------------------------------
THE EA
V9:
Attached File(s)
Trendlord EA v9.mq4
15 KB
|
1,495 downloads
|
Uploaded Jan 4, 2011 5:55pm
V10 (No Heiken Ashi, EMA48):
Attached File(s)
Trendlord EA v10.mq4
15 KB
|
1,593 downloads
|
Uploaded Jan 9, 2011 7:17am
V10 with TMA option added:
Attached File(s)
Trendlord EA v10-tma.mq4
16 KB
|
2,041 downloads
|
Uploaded Jan 9, 2011 7:09pm
------------------------------
P.S. I created the system for DAILY timeframe only, and have only tested it on EURUSD pair.
If someone has improvements, or wants to test, or share other useful information regarding the code, please be my guest and lets hope for a great 2011