Short-Term Momentum Trading - MetaTrader 4 Script | Forex Indicator Downloads - MT4/MT5 Resources - MetaTrader 5 Resources


I'm trying to create alerts based on 5 rules for manual trading every day. Below are the trading rules and below is my script so far.
Here's what I got... This is designed for short-term momentum trading, and if you're willing to invest a lot of time in your seat, you'll be on winning trades up to 90% of the time; however, you must be willing to follow the rules and not get emotional. Please don't ask me about profit targets or writing a fully functional EA; if I could do that, I would be a millionaire and I wouldn't be here asking for help. So, don't ask; I don't have the answer you're looking for. PS - Yes, I realize these rules do lag - I'm just trying to catch part of the trend. I'm not greedy.
Alert Rules (Buy):
Alert Rules (Sell):
Obviously, not all rules will take effect at the same time. Once all the indicator rules are lined up, I want to:
Obviously, the signals in the above image are not accurate - I just wanted to give a visual representation of how I trade. Signal 3 is wrong because +DI has not exceeded the 20 threshold. Signal 5 occurred 1 - 2 candlesticks later than I marked. I can probably find a better diagram as an example.
My problem is twofold. One - it just doesn't work. It's programmed to do what I want, but the results are nowhere near what my metrics are telling me visually. Two - The alert works with buy signals; however, the alert does not work with sell signals.
I have two questions I hope you can solve.
Is there any talented programmer who can help me with this alert? You will make my life so much easier and my agent so much happier!
Thanks in advance for any help you can provide. I'd really appreciate any comments or coding you can provide.
Chris C. Berg - chrisberg.forex@yahoo.com
Attachment download
📎 ShortTermMomentumTrading.mq4 (6.54 KB)
Source: MQL5 #10079
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