I'm finding it takes a lot more time to program an EA than I would expect. Alternately, perhaps I am dumb enough to think that I could just throw together some ideas and have a profit machine?Anyway, after another night of testing I have some new software that is able to detect or indicate various conditions.I'm hoping that doing enough visual testing will clue me in enough, personally, to the
Thursday, 26 February 2009
Wednesday, 25 February 2009
MT4 - Moving Average Crossover
Labels: ea, metatrader, mt4, robotBelieve it or not I think I'm going to use a simple moving average crossover as a signal for my automated trading system.Obviously, and testing verifies this, there are two issues to manage:1) Getting whipsawed.2) Entering the trend too late.I believe that I can at least alleviate these issues somewhat. Technical indicators can provide clues about whether or not the market is currently trending
Tuesday, 24 February 2009
Ongoing MT4 Development
Labels: ea, metatrader, mt4, robotAs I develop and test more expert advisers I see just how tricky it is to translate common sense into a series of hard and fast rules.In short, my adviser does stupid things!When I trade Forex on my own I'll combine a "feel" for the current situation along with some technical indicators. For example, in recent times, if something funny is going on, then the market I'm trading almost always takes
Monday, 23 February 2009
MT4 Programming
Labels: metatrader, mt4I love the fact that I can program the MT4 system. However, wouldn't it be nice if there was documentation in English? Well, yes, there is some, but it obviously wasn't written by somebody who speaks it fluently.Anyway, I spent much of the weekend fooling around with some custom expert advisers. One or two had promise, but obviously if it was easy to do then everyone would be doing it. It
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