Originally posted by Zestfulmocha
That chart doesn't look too bad mate, ~100% in 3 years? Draw downs don't look too bad.
I'm not using EA labs FYI, but currently operating on MQ4 not MQ5 for the simple reason that I found way way more resources out there, but intend to learn to operate on both platforms in time as I do like MT5 far better and I think you can do more with it (particularly around time frames?).
What are you conditions for that EA? (If you don't mind me asking) - would be keen to see how others are structuring theirs clear.png
Hey Zest,
Yeah mql4 seems to have plenty more resources. Although I didnt find learning mql5 too difficult, even without any prior knowledge of mql4. I just read other peoples code, and studied this alot.
(MQL5 Reference)
https://www.mql5.com/en/docs
Basic conditions of that EA (Buy Example).
4 Hour:
- Price above 60SMA.
1 Hour:
- Price above 70SMA.
- 10SMMA crosses above 70SMA from below.
The other conditions are based around the previous candle properties, Other then that those are the fundamentals. Extremely simple. Im still not finished optimising that EA though, I believe I can get much better results after testing properly. Ill get around to doing thorough testing hopefully tomorrow. Can be very time consuming.
If you or others want the code, Or are interested in collaborating somehow. Send me an email.
[email protected]
