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How to Create EA which opens trade when Moving average is flat for specific period

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DM00

Subscriber, bbp_participant, community, 11 replies.

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7 years ago #115446

Hi,

 

I’m new to SQ EA Wizard. I am trying to develop an EA which opens trades after EMA has low or zero angle for a certain number of consecutive bars. 

 

Can Anyone help please?

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tomas262

Administrator, sq-ultimate, 2 replies.

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7 years ago #138837

Hello,

measuring the indicator angle is always questionable because the angle also depends on how much you stretch or squeeze your chart.
I recommend to rather evaluate percent change or a moving average value after x bars. I will make an example for you and attach

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DM00

Subscriber, bbp_participant, community, 11 replies.

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7 years ago #138839

Thank you very much. I look forward to seeing your example

 

Dean

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