Expert Advisors

Short14 · #1 10-29-2008, 12:16 PM

Does anybody know how to build an EA?

How come nobody builds an EA that instead of reaching a set take profit say 20 pips once the EA passed the 20 pip mark it would set that as the marker so if the currency is running up it will not sell the order until the trade starts back down? But it would never sell for less than the 20 pips??

Kind of like the opposite of a trailing stop?????

Just a thought... It seems that FAP does a really good job as long as you do not over leverage yourself...... So you can live through the large floating losses..

n1ghtnday · #2 10-30-2008, 06:46 AM

Quote:

Originally Posted by Short14

Does anybody know how to build an EA?

How come nobody builds an EA that instead of reaching a set take profit say 20 pips once the EA passed the 20 pip mark it would set that as the marker so if the currency is running up it will not sell the order until the trade starts back down? But it would never sell for less than the 20 pips??

Kind of like the opposite of a trailing stop?????

Just a thought... It seems that FAP does a really good job as long as you do not over leverage yourself...... So you can live through the large floating losses..

I understand the basics of building an EA. I've done a lot of vb/html/php programming in the past, which is why I know the basics of how FAPS operates (code functions, etc.). I am not entirely familiar with the mt4 coding, but with practice I could get up to par within a few weeks.

I think we 'could' have the potential to create our own perfected EA if we really wanted to.

-NnD

mystikdragon7 · #3 10-30-2008, 03:25 PM

My girlfriend use to web designing and etc. for ebay. Maybe I can get her to pick FAPS apart.

Earl · #4 10-30-2008, 05:06 PM

why would we want to make a new EA when we have FAPS...

why is everyone affraid to change the variables....

it says so right in the instructions......

aaa and bbb are internal variables, do not change them if you are not sure how to optimize them.

meaning they haven't been optimized...LOL

so change them

mystikdragon7 · #5 10-30-2008, 05:13 PM

Quote:

Originally Posted by Earl

why would we want to make a new EA when we have FAPS...

why is everyone affraid to change the variables....

it says so right in the instructions......

aaa and bbb are internal variables, do not change them if you are not sure how to optimize them.

meaning they haven't been optimized...LOL

so change them

Right on!!
Which is why I wanted to pick it apart to see how it operates

clintNZD · #6 10-31-2008, 03:29 AM

Hey, I've been mucking around with some other ea,s. Just interested to see how different ones work. Some are quite fun others are quite pretty insane. Good to have a go on demo see how they act. If you right click forexautopilot in the expert advisors tab it takes you to meta editor it is an area that you can design and test different ea,s. Worth a look if you want share you ideas?Im sure it is part of mql4.com where they test ea,s for the ea championships.

Quote:

Originally Posted by Short14

Does anybody know how to build an EA?

How come nobody builds an EA that instead of reaching a set take profit say 20 pips once the EA passed the 20 pip mark it would set that as the marker so if the currency is running up it will not sell the order until the trade starts back down? But it would never sell for less than the 20 pips??

Kind of like the opposite of a trailing stop?????

Just a thought... It seems that FAP does a really good job as long as you do not over leverage yourself...... So you can live through the large floating losses..

clintNZD · #7 10-31-2008, 03:34 AM

right click forexautopilot in expert advisors tab, click on online library it takes you too meta editor.

Quote:

Originally Posted by clintNZD

Hey, I've been mucking around with some other ea,s. Just interested to see how different ones work. Some are quite fun others are quite pretty insane. Good to have a go on demo see how they act. If you right click forexautopilot in the expert advisors tab it takes you to meta editor it is an area that you can design and test different ea,s. Worth a look if you want share you ideas?Im sure it is part of mql4.com where they test ea,s for the ea championships.

alan · #8 11-01-2008, 11:21 AM

Guys I've moved this thread as it was in the wrong category.