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So many EA's have massive drawdowns, I call those "eventúal traders". The price will get there eventually, even if it takes years.
My idea is to follow the market (not a new idea, ha ha).
Using a 6sma (sma made variable for testing in inputs), when the sma is pointed up (positive), at the beginning of every new candle, buy 1 (lots variable in inputs). Same holds true when sma is pointing down (negative). When sma goes from positive to negative or negative to positive, close all open trades.
Follows the market, no major drawdowns.
I like the idea, can you help me?
I'm a poor trader and account can't risk any large drawdowns, wiped out accounts prove it.
Thank you, hope to hear from you.
Hello, I'm coder!
Just wanna help someone in this forum to make EA
1. Give proof profit
2. Be patient
That’s great you wanna make Ea for free and I’m learning the mql4 language here is my sample idea
Void OnTick ()
If (iMA(100)>iMA(1) && rsi (14base is above signal)
If (iMA(1)> iMA(100 && rsi (8 signal is above base)
If (tick > BuyOrder was || tick < SellOrder && tick+spread >0)
What do you make of it?
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