Failing to Identify the best way to set a Moving Average Threshold to use in my MQL5 EA
Failing to Identify the best way to set a Moving Average Threshold to use in my MQL5 EA
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ken · External communityPost link
External question — Stack Overflow Stack Exchange
Author: ken
Original post: https://stackoverflow.com/questions/78535178
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
Iam writing code in MQl5 for an EA that uses Moving Average. I have a part where I get the Moving Average value at that point and compare it with a value which is the moving average threshold after which I base on that to proceed with other logic. My problem is I need a standard way to determine this moving average threshold. I have read but most just say pick a value near the current price but that hasn't yielded much because how near is not defined. Please help me on this.
Below is the code I use to compare Moving Average with Threshold
{
Print("MA is below the threshold. Waiting...");
return; // Exit if MA is below threshold
}```
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Sadegh Molaei · External communityPost link
External answer — Stack Overflow Stack Exchange
Author: Sadegh Molaei
Original post: https://stackoverflow.com/a/78702345
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
I have two ways :
Using the "strategy tester" and updating your "Expert Advisor" parameters with each test at different time intervals (for example daily, weekly, ...)
If you have a suitable server for this purpose, you can write a piece of code for this purpose and put it in the "timer" event so that the parameters are automatically updated. (update parameters in shorter time)
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Quoted from Forex.com.bd-Editorial External question — Stack Overflow Stack Exchange Author: ken Source score (net votes, not local likes): 0 Original post: https://stackoverflow.com/questions/78535178 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Iam writing code in MQl5 for an EA that uses Moving Average. I have a part where I get the Moving Average value at that point and compare it with a value which is the moving average threshold after which I base on that to proceed with other logic. My problem is I need a standard way to determine this moving average threshold. I have read but most just say pick a value near the current price but that hasn't yielded much because how near is not defined. Please help me on this. Below is the code I use to compare Moving Average with Threshold { Print("MA is below the threshold. Waiting..."); return; // Exit if MA is below threshold }```
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