EA for MACD with intial stop loss, TakeProfit 1, Take Profit 2 and Trailing Stop

Hello Trader, I need an EA in MT5 for MACD with this parameter as variable:

• Initial stop loss 30 pips
• Take profit 1 with 30 pips
• Take profit 2 with 74 pips
• Trailing stop with 30 pips when trade start in 2pip steps

Order rules:

LONG: When the MACD(8,9,8) cross over value 0 open trade at open next bar with 30 pips stop loss, take profit level 1 with 30 pips and take profit level 2 with 74 pips and start trailing stop with 30 pips when the trade is 2 pips in profit every 2 steps. 

SHORT: When the MACD(8,9,8) cross below value 0 open trade at open next bar with 30 pips stop loss, take profit level 1 with 30 pips and take profit level 2 with 74 pips and start trailing stop with 30 pips when the trade is 2 pips in profit every 2 steps.

The Stop los level, TakeProfit1 and TakeProfit2 shall be shown in chart.

Rule: Open one order, with 30 pips stop loss and 74 Pips target. If the order reached 30 pips profit close 50% of the order quantity, move the stop loss to break even (+5 pips over or below from entry price)

Risk management: every trade open max. quantity 0.5% (half percent) from actual trading balance for 30 Pips.

IMPORTANT: The coding must be program modular which means it must be possible to add addional trading strategies as own function for the the order rules like in the next example:

void macd()

{ signal rules..... }

void dss()

{ signal rules ....}

....

void update bar()

{

     if  (macd (true) || dss[true) ..........)

     {  Order_entry()

        Order_management()

        Order_traling()

        ....

     }

}

Additial information: variable for stop loss, take profit 1, take profit 2, trailing stop, risk in % for calculation quantity.

Time frame: 1h, 3h, 4h, daily

Currency pairs; 16 currency pairs trade able. Open trades max at the same time 8 which means max. risk open trades 4%.

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the specifications are attached as zip file.

Happy trading

Christian Schranz

You can send me also a PM at office@schranztrading.at