Price action EA

2 replies

odomike

Subscriber, bbp_participant, community, 32 replies.

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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.

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Mark Fric

Administrator, sq-ultimate, 2 replies.

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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

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FERİD ULUÇINAR

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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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