Applying Expert Advisors in automatic trading

 

Hello all,

I have been trying to apply expert advisors to execute automatic trading, but for some reason it seems to be very complicated. Does it really need a separate script?

Here is what I aim at:

I would need your help in setting up expert advisors for auto trading in Meta Trader, for several currency pairs.

Settings for my advisors should be:
MACD 13, 26, 9

EMA1 10

EMA2 50

Trading on min. 2 lots

Strategia

1. When EMA1 crosses EMA2 and MACD crosses zero line trade should be opened either long or short, depending on signal direction
2. settings for closing:
i., take profit, for example, 60 pips
ii., stop loss, for example, 30 pips

3. if position reaches +30 pips stop loss settings to be changed to break even for half of the traded lots and .take profit for the other half.

Is it possible to manually exit trades at any point? Is it possible to apply these settings to any currency pair?

I appreciate any help! Thank you, Andras

 

> Does it really need a separate script?

No an EA can do everything

> Is it possible to manually exit trades at any point?

Yes

> Is it possible to apply these settings to any currency pair?

Yes

> appreciate any help

Look in the MT Navigator window, expand the Expert Advisers list and you will find some Sample EA's that will do almost exactly this

Right click an EA and select Modify to see the code

Good Luck

-BB-