Trendlord EA Daily System - MT4/MT5 resources
I've been building Trendlord EA for the past two weeks.
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 orders when the trend reverses, I added the KG GGH signal indicator to 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 digital brokers
It doesn't have many options (I've spent 2 weeks coding, google testing, etc. since this is the first EA I've created), but you can change the following:
-Lot size
-MagicNumber
-EMA period
- Close orders when detaching the EA
-Display EA total income
- Send email when order is opened/closed
Update: Forgot to mention entry and exit rules <br> Entry rules for buying (and reverse selling):
- The opening price must be below EMA50 and the closing price must be above EMA50
- After the bar closes above EMA50, the order is placed at the beginning of a new bar with stop loss half of ADR(20).
Exit rules for buying (opposite for selling):
-When the order reaches S/L (half of ADR(20))
-when bar open is above EMA50 and closes below EMA50
-The order is closed when the currency pair starts to fall and the signal KG GGH is received
When an order is closed, it waits until a new valid signal is received (according to the rules above).
----------
All the relevant EA information I found is on the right side of the screen.
Now, I think I'm finally ready to code, so I put it on a demo account today to see how it goes. Fortunately, there are only buy signals for EURUSD today, so get in now.
Strategy tests from the past two years (latest version):
----------------------------------
environment agency
V9:
V10 (without Heiken Ashi, EMA48):
V10 added TMA options:
----------------------------------
P.S. I created this system only for the daily time frame and only tested it on the EURUSD currency pair.
If anyone has improvements, or wants to test, or share other useful information about the code, please be my guest and let's wish you all the best in 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 orders when the trend reverses, I added the KG GGH signal indicator to 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 digital brokers
It doesn't have many options (I've spent 2 weeks coding, google testing, etc. since this is the first EA I've created), but you can change the following:
-Lot size
-MagicNumber
-EMA period
- Close orders when detaching the EA
-Display EA total income
- Send email when order is opened/closed
Update: Forgot to mention entry and exit rules <br> Entry rules for buying (and reverse selling):
- The opening price must be below EMA50 and the closing price must be above EMA50
- After the bar closes above EMA50, the order is placed at the beginning of a new bar with stop loss half of ADR(20).
Exit rules for buying (opposite for selling):
-When the order reaches S/L (half of ADR(20))
-when bar open is above EMA50 and closes below EMA50
-The order is closed when the currency pair starts to fall and the signal KG GGH is received
When an order is closed, it waits until a new valid signal is received (according to the rules above).
----------
All the relevant EA information I found is on the right side of the screen.
Now, I think I'm finally ready to code, so I put it on a demo account today to see how it goes. Fortunately, there are only buy signals for EURUSD today, so get in now.
Strategy tests from the past two years (latest version):
----------------------------------
environment agency
V9:
V10 (without Heiken Ashi, EMA48):
V10 added TMA options:
----------------------------------
P.S. I created this system only for the daily time frame and only tested it on the EURUSD currency pair.
If anyone has improvements, or wants to test, or share other useful information about the code, please be my guest and let's wish you all the best in 2011
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