• Registered: 2023-08-10
  • Posts: 34

Topic: Strategy as Indicator

I use 3 trade entry and management routines (trailing entry, cascade entry, and hedging breakeven) in all my personal EA's. I would like to include these routines in the EA's created by Express Generator. I see two potential methods. (1) convert the Express Generator EA to a Custom Indicator that generates a Buy/Sell signal for my EA with the trade management routines or (2) Append my trade management routines into the Express Generator EA.

Given your deep knowledge of MT4, which method would you pursue? Or is there another method that would be superior in your view?

Daniel

  • Popov
  • Popov
  • Lead Developer
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  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 8,117

Re: Strategy as Indicator

Hello Dlouisbriggs,

> (1) convert the Express Generator EA to a Custom Indicator that generates a Buy/Sell signal

This is easier for your case. You can modify the ManageOrderSend function to set the signal in a global variable in the terminal with GlobalVariableSet instead of opening a new position.
Then, you can use this global signal in any other Expert in the same Terminal.

Popov's Website

  • Registered: 2023-08-10
  • Posts: 34

Re: Strategy as Indicator

Thank you Popov for you quick reply.
Theoretically one could turn the top 5 Express Generator performing EA's into indicators and use a combination of trading signals for a single EA.