Expert advisor

mehtaka

Active Member
#1
Hello frnds,
by now everyone must be using MT4 to track indian/internationla commodity mkts. And many must have made their systems too, called as Expert advisor.

I have too made a system on this, and while back testing it i am facing few problems, plz guide me how to re-solve it.
1) I tried to make a system, where it books the profit after generating the call, but what happens is, as soon as it books the profit it trades on the next bar. What i want is, once it gives a signal and the profit is booked, it should not trades until ders a fresh call. hope you got this query?

2) Can we make an EA with a mulitple time frame in it? like, if the 1Hr chrt is in buy, the lower time frame ( 5min, 15min, 30min) should only take the buy calls.

high hope from you guys to get an answer.
 
#2
Hello,

The solution to your first point is, you can use boolean variables to control it.

2) Yes you can do multi-timeframe analysis in expert advisor, like you can track trend from 1hour chart, and then take only certain signals from a 5min chart. All this is possible by coding.

Hope this helps



Hello frnds,
by now everyone must be using MT4 to track indian/internationla commodity mkts. And many must have made their systems too, called as Expert advisor.

I have too made a system on this, and while back testing it i am facing few problems, plz guide me how to re-solve it.
1) I tried to make a system, where it books the profit after generating the call, but what happens is, as soon as it books the profit it trades on the next bar. What i want is, once it gives a signal and the profit is booked, it should not trades until ders a fresh call. hope you got this query?

2) Can we make an EA with a mulitple time frame in it? like, if the 1Hr chrt is in buy, the lower time frame ( 5min, 15min, 30min) should only take the buy calls.

high hope from you guys to get an answer.
 

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