Expert Advisoe based on EMA, SMA and ADX

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
He is very proficient in coding, professional in his approach and patient. His delivery is also fast and without error. I will work with him again whenever there is an opportunity.
Feedback from employee
Friendly customer, Im glad to work with him

Specification

I need an MQL4 Expert Advisor for strategy below

This strategy follows the trend and closes when the trend tries to reverse.

It will take profit at the close of trade. No need for stop loss.

External Inputs

1. EMA value (default 14 EMA)

2. SMA value (default 50 EMA)

3. ADX_level (default 25).

 4. Lot Size 5. Stoploss = EMA below current candle

 

Buy Logic

Use current time frame.

If there is no buy order and

If (14 EMA is above 50 SMA and price is above 14 EMA and ADX +DI and ADX line is above ADX_level and ADX -DI line is below ADX level)

open Buy order at current price.

If ADX -DI line crosses above ADX +DI, close trade.

 

Sell Logic

Use current time frame.

If there is no sell order and

If (14 EMA is below 50 SMA and price is below 14 EMA and both ADX -DI and ADX line is above ADX_level and ADX +DI level is below ADX_level)

open Sell order at current  price.

If ADX +DI line crosses above ADX -DI, close trade.


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Project information

Budget
40+ USD
For the developer
36 USD