An Expert advisor based on moving average needed

MQL5 Experts

Job finished

Execution time 1 day
Feedback from customer
Great Work. Better than I expected!
Feedback from employee
All is perfect and with pleasure! You are welcome!

Specification

Expert Advisor needed on this simple trading system:

- Candle closes below a simple moving average of 5 (value/type of the moving average to be adjustable)

- If in next candle the price hits the lowest of this candle that closed below the moving average, then open buy position. If not, then no position is opened.

- If price doesnt hit the lowest, EA will not open positions in the following candles closing below the moving average. Must wait at least one candle to close above and then one closing under to open new positions. This robot is just for buy position. Just open one position at time.  

- Positon to be closed in one of the scenarios: 

1) If prices reaches 50% of size of the candle that closed below the moving arverage; or

2) right after a candle closes above the moving average. 

Position to be closed when one of the scenarios happens first. 

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Project information

Budget
30+ USD
VAT (19%): 5.7 USD
Total: 35.7 USD
For the developer
27 USD