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Can someone tell me where I learn to build an EA

  • Post #1
  • Quote
  • First Post: Dec 10, 2009 6:59pm Dec 10, 2009 6:59pm
This is a sample of a pdf I found on another post here at FF:

For example, when USDCHF moves 15 pips up or down on the day interval, the probability that it will continue to +40 (+25 net) is 89.9%.

Could an EA that monitors one pair only, be programmed to look for a move of 15 pips up or down on the 1D TF and then place an order going in the same direction with a TP of 20 (leave 5 for spread + slippage)?

Could you make it so that the pair can be changed and the TP can be altered to test its effect on other pairs?

Thanks for any help in advance.

I am willing to learn how to do this myself, although if someone has an EA that fits this criteria,could you attach it please.


I am a real noob so be gentle http://cdn.forexfactory.com/images/s.../yim/happy.gif
im also interested in learning how to use/program ea.
do a forum search on mql4 tutorial - you'll find links and docs to help -also look in the programming discussion area for assistance
In trading, there is no bullshit. You either make money or you don't.
Quoting Forexell
This is a sample of a pdf I found on another post here at FF:

For example, when USDCHF moves 15 pips up or down on the day interval, the probability that it will continue to +40 (+25 net) is 89.9%.

Could an EA that monitors one pair only, be programmed to look for a move of 15 pips up or down on the 1D TF and then place an order going in the same direction with a TP of 20 (leave 5 for spread + slippage)?

[i]Could you make it so that the pair can be changed and the TP can be altered to test its effect on other...
sorry, i'm not really answering your question - but since you posted that you are a "noob", i was wondering if you were just using an example, or do you really plan to design an EA based of the above statement...i.e. 15tick move has a 89.9% chance to continue for an additional 25ticks?
  • Post #5
  • Quote
  • Last Post: Dec 11, 2009 1:11am Dec 11, 2009 1:11am
Obviously, I will be using a demo account for testing.

If successful for a few months of forward testing,then yes, I would go live.

I will check out the tutorials, thanks mrgreen.

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