Basic EMA cross bot

MQL4 Experts

Job finished

Execution time 35 days

Specification

Hi All,


Basic EMA cross trading strategy based on 5 EMA and 25 EMA


Positions will be opened/closed upon the signals of formed bars


Long position to be taken when 25 EMA crosses under 5 EMA at closure of candle. Stop loss to be set at low of candle that triggered EMA cross.

50% of position closes when TP of 10 points is reached. The remaining 50% of the trade will be closed when which ever of the below are reached first:

- EMA cross occurs again but at the 5EMA and 10EMA 

- SL is reached 


Short position to be taken when 25 EMA crosses above 5 EMA at closure of candle. Stop loss to be set at high of candle that triggered EMA cross.

50% of position closes when TP of 10 points is reached. The remaining 50% of the trade will be closed when which ever of the below are reached first:

-  EMA cross occurs again but at the 5EMA and 10EMA 

- SL is reached 


Let me know if yo have any questions

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 3 day(s)