Question EA - Any coders to help?

Hello guys.

I've been watching for many times so many EAs with absolutely no idea in itselfs.

There ae so many EAs using indicators with absolutely nosense and in wrong way.

So, i just decided to ask if anyone can develop an EA with my idea.

There are many coders here which can help for developing.

Here is the idea.

1. Fiji indicator - it will be the fitler. The EA should contains all the parrameters which can be adjust in the indicator. Especially the time frame. We will use bigger timeframe FIJI - for example 15 mins FIJI to trade on m1 with the second indicator.

2. RSI indicator - this is the trigger indicator. So, it should contains everything as the indicator by itselfs - Period and levels of OB and OS.

That's all about the indicators.

Here is the strategy. Simple trend following pullback strategy. Currently FIJI is set at 15 mins as filter and RSI 4 - 15/85 as trigger.



We are going forward because i decided to analize a whole 24 Day. This is the continue scenario. 1st red line is loss because the FIJI indicator is set to 15 mins TF. So it lags 15 minutes before switching the trend. I repeat - it doesn't repaints, it lags.



We continue and here is the same scenario. All winners expect the time before trend switching. Two red lines are losses because of the trend switching and then we got some proper uptrend for only one trade. Then the day ends with low market movements which causes losses. Time filter and news filter will do a nice job.



So, this strategie can be developed with simple TP and SL. But my idea is the EA to have a martingale option which will multiply the next trade (multiplier should be adjustable as 1.5 or 2 or whatever the user choose). We multiply the next trade not the current trade. So, let the loss be a loss. It will have a TP and SL. If the SL is reached (RED vertical line) then the next trade will be the next separete signal (GREEN vertical line). The EA should not multiply the same trade as it is shown on the next following picture:



So, this is what the most EAs are doing... We need simply to multiply the next proper signal. As the next following picture.



So, we have TP and SL. We loss first and second red lines. So, we are doing martingale after the first loss, losing the second trade and win at the third trade. That's it. It will be something like martingale scalper but could be using in many ways if we add TP & SL. Martingale ON & OFF and etc. It will be trend following strategie.

This is the main idea. I was searching a lot for this kind of EA but i did not find anything similar until now. If somebody has a similiar trend following EA, please share it. If not then we can do it and let's see how it will perform. I do not say it it is a holy. This is an idea which everyone of us already knows. It is nothing new udner the sun.

If someone is thinking to tell me that this EA will not work in ranging markets, please give a solution instead throw a negatives. We can discuss about the idea and set trailing options and etc. So, nothing is clear now. I just give the idea and if there are coders which are interested we can specify the rules for the ea more cleaner.

 

Fiji indicator

 

I never tried Fiji trend Indi, I will try it first... thanks for sharing your strategy.

 

Glad to help. You are welcome. There are many other indicators which can do almost the same job but Fiji is good.

Anyway as it seems nobody is interested and it is pretty much hard to build that EA by my own or at least i should spend a lot of time.

Please, someone who can build the EA contact me and we will discuss it.

Thanks,

 

Fiji indicator included new indi on my view, never hear before
I think this is created from third party and not available on default indi at mt4

 

It is not offered at MT4 store.

It is a free indicator released from a very good coder.