Price action EA
2 replies
odomike
10 years ago #111960
I’m just wondering, is there anyway to create an EA that trades on price action with EA Wizard? Any contribution will be highly appreciated.
Mark Fric
9 years ago #123795
yes, it is very simple.
You have some predefined candle patterns you can use like Doji, Hammer, etc.
Go to Other -> Candle Pattern and on the right side choose your candle pattern.
You can also write price action rules by yourself, for example Doji pattern (in the simplest form) can be defined like:
IF Open(1) = Close(1)
THEN do something, we had doji pattern
You can use blocks Open, High, Low, Close to specify your price action rules.
Mark
StrategyQuant architect
FERİD ULUÇINAR
2 years ago #274333
yes, it is very simple. You have some predefined candle patterns you can use like Doji Candle Pattern and on the right side choose your candle pattern. You can also write price action rules by yourself, for example Doji pattern (in the simplest form) can be defined like: IF Open(1) = Close(1) THEN do something, we had doji pattern You can use blocks Open, High, Low, Close to specify your price action rules. Hammer, etc. Go to Other -> Candle Pattern and on the right side choose your candle pattern. You can also write price action rules by yourself, for example Doji pattern (in the simplest form) can be defined like: IF Open(1) = Close(1) THEN do something, we had doji pattern You can use blocks Open, High, Low, Close to specify your price action rules.
Doji, Hammer etc. your predefined candle patterns come in very handy.
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