Tafy's simple H4 EA (Tafy's simple H4 EA) - MT4/MT5 Resources
Hey guys,
Been on FF for a while but not many posts, anyway I made an EA for beast G/Y that I want to share with you guys, I hope some of you can help me improve it.
Currency pair: GBP/JPY (cannot be used with other currencies!)
index:
RSI 10
SMA 6 off
entry:
Buy: RSI <30 (oversold) and H4 closes above SMA6 Sell: RSI >65 (overbought) and H4 closes below SMA6
Money management:
Stop loss: 200
Take Profit: 250
Trying to work on setting stops to b/e when in profit, and maybe closing half when +100 then b/e stoploss but not there yet.
Anyways heres the code, and the pic of some backtests.
PS I got this EA from another EA but I heavily modified it to what I need, I wouldn't know how to start an EA from scratch.
Picture: 3-month backtest and 8-month backtest
Its not the most agrasive EA in the world but it does ok
Been on FF for a while but not many posts, anyway I made an EA for beast G/Y that I want to share with you guys, I hope some of you can help me improve it.
Currency pair: GBP/JPY (cannot be used with other currencies!)
index:
RSI 10
SMA 6 off
entry:
Buy: RSI <30 (oversold) and H4 closes above SMA6 Sell: RSI >65 (overbought) and H4 closes below SMA6
Money management:
Stop loss: 200
Take Profit: 250
Trying to work on setting stops to b/e when in profit, and maybe closing half when +100 then b/e stoploss but not there yet.
Anyways heres the code, and the pic of some backtests.
PS I got this EA from another EA but I heavily modified it to what I need, I wouldn't know how to start an EA from scratch.
Picture: 3-month backtest and 8-month backtest
Its not the most agrasive EA in the world but it does ok
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