Need a review

[Tunde]

Hi everyone!

I'm a newbie here who wants to learn.

I came up with an EA which I haven't tested yet but want reviews on...the no & order of blocks and their inputs. The EA is meant to only buy (no sells cos I'm limited by no of blocks) when:

Closed price is above EMA200 on 15min TF,
Closed price is above EMA200 on current TF,
EMA20 is above SMMA20 on current TF,
Stochastic Osci. 100,1,1 is above 60.00 on current TF, &
Stochastic Osci. 5,3,3 crosses below 10.00 on current TF
OR when:
Closed price is above EMA200 on 15min TF,
Closed price is above EMA200 on current TF,
EMA20 is above SMMA20 on current TF, &
Stochastic Osci. 100,1,1 crosses above 60.00 on current TF.

The EA should close all positions when Stochastic Osci. 100,1,1 crosses below 70.00 on current TF.

https://fxdreema.com/shared/2J0csHA3e

Thanks for your reviews and inputs.

[jstap]

By having close under your buy like that means if a trade is opened it will immediately close. The problem is you have a vast amount to go through, so (probably) no one can say what would happen if ran, but logically all seems good. (this is from MT4 but) on backtest, if you have MA 200 on 15m chart, then to test the tester needs to rum for the time of 200 15 minute candles. So you can test this, but you will have to wait for long enough.

[Tunde]

@jstap many thanks for the reply.

So:
close better be under last set of conditions?
projects can be better tested if all blocks are in the same TF?

[jstap]

If close is under an if trade it can't work if there is a trade, if under buy/sell of the same type it will close what has just been placed. So in summary under conditions that won't interfere with what has been placed, until it should.

[Tunde]

@jstap Thank you very much. I'll implement that.

[jstap]

Close can and most likely should be in a separate tree from the buy/sell tree