FreelanceSections

EA: EMA with Traditional MACD

MQL4 Experts

Job finished

Execution time 20 hours
Feedback from customer
Great Job! Cooperation was extremely quick and accurate! Highly recommend
Feedback from employee
Nice work with customer provides a clear specification. The customer is always in touch, quickly checked and accepted the work. I will be glad to further cooperation!

Specification

Hi developers,

I would like to ask you for develop EA which will be fully automatic and will use EMA and traditional MACD (not that basic in Metatrader).

LONG condition: Candle (close price) has to be above EMA and MACD has to cross below 0  (Open condition.png)

SHORT condition: Candle (close price) has to be below EMA and MACD has to cross above 0


SL Setting: Count X candles back read lowest price from that candles and set it like Stop Loss. (SL and TP.png)

TP Setting: X times SL distance, classic Risk reward ratio.  (SL and TP.png)


Lot Size: Based on risk X% of equity when hit SL. Ex.: Equity: 1000USD, SL: 30pips, Risk: 1% (EURUSD: USD account currency) => Risk 10USD when hit SL (30pips) => Lot size: 0,03333Lot (0,03 rounded). (Lot size calculation.png)


Inputs: All inputs for EMA and MACD is for closed price. I found for example Traditional MACD indicator in:  https://www.mql5.com/en/market/product/4720?source=Site+Market+MT4+Indicator+Search%3atraditional+macd

It will be great to adjust EA for all symbols... if it's possible to implement in exchange rate with account currency.

I hope that it is at least bit clear :) Thank you

Files:

PNG
Open_Condition.png
241.0 Kb
PNG
SL_and_TP.png
293.5 Kb
PNG
Lot_size_calculation.png
266.0 Kb
PNG
Inputs.png
19.1 Kb

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Project information

Budget
50+ USD
VAT (21%): 10.5 USD
Total: 60.5 USD
For the developer
45 USD