All orders
Rules
Specification
I need mql5 programmer for mt5 to code for me a simple moving average EA, based on three moving averages, and applies simple money management rules like break even, early exits and also has a slight aspect of martingale. The faster you are the better. I have a very good programmer for mql4 language. Now I want one for mt5, who is very fast, creative, and willing to go extra mile to do research on his own and help me identify mistakes where necessary. This is a test order for mt5, but it's a real job and needs to be taken seriously.
I did the same with mt4 until I got a reliable programmer. If I like your work we will do more, if I don't I will give the next order to a different person.
I have described below in a nutshell. I will give further clarification once I assign you the order.
Buy
Three MAs(Fast MA, Medium MA and Slow MA) cross upwards. Eg. EMA 7, 14, 33 crosses going up. Buy as soon as the last EMA crosses. Have a SL and TP. It’s a must that all the 3MAs cross before we can have a condition to take a trade.
Sell
Three MAs cross downwards. Eg. EMA 7, 14, 33 crosses going down. Sell as soon as the last EMA crosses. Have a SL and TP.
Trade Management
1. Martingale:
If SL is hit, apply martingale on the next order. With a multiplier X
2. Lock Pips
Lock pips after price has moved 30% of tp size, in profit. E.g. If tp is 100 pips, and Lock-pips is set at 30%, it will be applied when price moves 30% of 100 pips, which in this case is 30 pips. You can either use % or number of pips, e.g. lockpips even after price has moved by 30 pips. Whichever you decide to use make sure we discuss. In the input section, explained below, one will decide by how many pips he wants to lock. If it’s zero pips, it means EA will set break even, if it’s 5pips it means EA will lock 5 pips in profit when the required conditions are met.
Note-If trade exits on lock-pips, do not multiply the lot size for the next order, but instead, repeat the previous lot size, until tp is hit.
3. Additional Trades
The condition for taking a trade is the 3 MAs crossing (Fast MA, Medium MA and Slow MA). However, the first trade can hit tp, e.g on a buy trend, and the market continues to go up for a long time, or we can get another signal tp before tp is hit, on the same direction as the tp. In such a case, we can keep buying along the same trend. We add a second set of trade
Additional trade Entry.
Buy every time the two first MAs cross (Fast MA and Medium MA), if on an up-trend, or sell every time they cross going down, if on a downtrend.
Input Section
Fast MA Type------------------------ Exponential/Smoothened/Simple/Weighted
Medium MA Type------------------------- Exponential/Smoothened/Simple/Weighted
Slow MA Type-------------------------- Exponential/Smoothened/Simple/Weighted
Fast MA Value----------------------------- 7
Medium MA Value-----------------------14
Slow MA Value---------------------------33
Multiplier------------------------------------1.3
Lock pips---------------------------------- True/False
Lock pips%/ No of pips-------------------------------- 30%/ 30 pips (You will advise me here)
Additional Trades--------------------------True/False
Add Trade Distance------------------------30%/ 30 pips (You will advise me here)
Opposite Signal------------------------------True/False
Common tp--------------------------------- True/False
Opposite Signal Exit------------------------ True/False
Normal TP ----------------------------------------------- True/False
Take Profit---------------------------------- 150 pips
Stop Loss--------------------------------------70 pips
Early Exit on MA------------------------------------ 14
Early Exit MA Type------------------------------------ Exponential/Smoothened/Simple/Weighted
Early Exit after %--------------------------------- 80%/ 80 pips, you will advise