james@infosec.co.im

I've been trading this manually for a while, on a couple of major pairs, and
it has been working out OK, making a few moves in the right direction. However
I can't sit there watching for crosses all the time, so I am looking for
some help, writing a very simple EA, or perhaps those of you that now EAs
inside out, can tell me if this already exists.



Logic:

Simply, take 3 indicators. 2 Moving Averages set to Periods of 3 and 5 ,
and an Oscillating Moving Average.



Entry:

Within 5 pips of the two moving averages crossing each other, and the OMA
crossing the 0 line enter trade. Enter Long on OMA crossing 0 upwards,
enter Short on OMA moving downwards. Or vice versa, if the OMA crosses the
0 Line, and within 5 pips the MAs cross, enter in the relevant direction.



Exit:

Stop Loss of 200, Take Profit of 100, Trailing SL of 15, although these
should be amendable depending on risk appetite.



MM:

Whatever you fancy, but keep the lot sizes consistent on each timeframe and
exit strategy to enable determination of consistency, and validate strategy.



Of course, demo the heck out of it before chancing it with real money.



I believe it should work on any timeframe, and any currency pairs, and could
be tweaked to look for more pips over a longer period of time, or shorter
time frame would mean holding out for less pips.



Any volunteers, or can anyone recommend an existing EA that uses these
principles, or something like it? That I could canabalise to achieve what I
am trying to?


Thanks in advance



JM