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    Can someone help turn the EIEO method into an EA?

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    • G
      ggtrader last edited by

      Hi everyone,

      There's a channel on youtube that shows how to trade reversals, sometimes very accurately.
      https://www.youtube.com/channel/UCQHOPQErFtfpOkoBm7jleXQ
      It's called the Easy In Easy Out method, it's a variation of the Head and Shoulders pattern.

      Can someone on here please help me turn this into an alert EA?

      Condition for long entry:

      • Scan for the lowest closing price with a lookback period of 50
      • Let's say there's a low with candle ID 15, we need to find the last bullish candle prior to this low. It'll probably be between ID 16 - ID 20.
      • A line drawn on top of the high of the bullish candle
      • If price closes above this line, alert is activated.

      Thanks guys

      1 Reply Last reply Reply Quote 0
      • l'andorrà
        l'andorrà last edited by

        Are you sure you want to trade reversals? It's risky and tough!

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

        1 Reply Last reply Reply Quote 0
        • G
          ggtrader last edited by

          @l-andorrà
          Yeah I'm aware of the dangers. I thought about putting this on a lower time frame and using it as an exit signal.
          Could work 😄

          roar 1 Reply Last reply Reply Quote 0
          • roar
            roar @ggtrader last edited by roar

            @ggtrader Hi!
            https://fxdreema.com/shared/FE3VNtfH
            ^This animal uses two loops, first finds the low and second finds the prior high.
            Download the .mq4 and then import it to your builder to get the constants and variables set up.

            0_1573507911448_ab1b1f6e-d363-48dc-97b6-54936bc73ed5-image.png

            Need small help? Tag me in your post
            Need big help? https://www.fiverr.com/big_algo/automate-your-winning-strategy-in-mql4-or-mql5

            1 Reply Last reply Reply Quote 1
            • G
              ggtrader last edited by

              Thanks Roar couldn't have done it without your help!

              1 Reply Last reply Reply Quote 0
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