HOW TO BUILD E.A WITH CANDLE/BAR
5 replies
msophe
7 years ago #116382
HI
I want to build E.A with candle pattern or Bar but I don’t know how to start, and my condition is like this ;
Long Entry if :-
If previous Bar is Ask then open Long order position
Long Exit if :-
Close position if current Bar closed is Ask
Short Entry if :-
If previous Bar is Bid then open Short order position
Short Exit if :-
Close position if current Bar closed is Bid
I try to build E.A and I need some help to finish this project.
find my attachment here
Thanks for your time
tomas262
7 years ago #141732
If previous Bar is Ask then open Long order position
Just to be sure does this mean if the market Ask = Close[1] as shown in you project then open long?
msophe
7 years ago #141752
HI
can you attached , because i try to open in mt4 and it open vise versa, i thinks there mistake, help me to correct
Thanks
msophe
7 years ago #141778
HI
When I have attach E.A with above condition it did not open any order can you check and help me to solve that issue
I have attach my screenshot to find more.
Thanks for your time.
tomas262
7 years ago #141840
Hello,
in the first condition you have set “Bid > Ask”. This will never happen since Bid price is always < then Ask price. Try to fix this it should help. Also Close[1] = Ask needs using "every tick" backtest precision in MetaTrader to work correctly. You can also do "Ask cross above Close[1]" or similar condition to make it work
I have modified your project since it had some errors with conditions and magic numbers
msophe
7 years ago #141863
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