Take Profit EA template (1 standard Indicator)
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Good evening to all experts here,
Actually i'm looking for a simple EA which is able to help me close the trade by only 1 standard indicator . I hope that i can do it by my own. That's why i'm looking for a template which is similar with it then i can edit it and learn some coding skill.
Anyone can provide me the template or help me to code it?
This is my design:
Entry: I will manually execute my trade
Stop loss: I will manually set it
Take profit: Follow EA setting
The take profit rules is depending on the stochastic indicator which was already in MT4.
Once stoch close below 20 : close the short trade at close price
Once stoch close above 80: close the long trade at close price
However, i also will set how much profit i wish to take , it is depend on which ever come first!
EA variable:
Stochastic :%K period, %D period, Slowing , MA method, price field