Simple Moving Average EA Scalper

MQL5 Experts

Job finished

Execution time 6 minutes

Specification

I would like to have a Expert Advisor create that is based on a simple moving average with a few entry conditions. EA will be used on 5 minute chart for EURUSD.

  1. Simple Moving Average: Period of "50", Method: Simple, Apply to close. 
  2. Schedule time to allow trades to be opened: this should be configurable in the EA settings. Default times will be in EST. Should have an option allow/disable during London, New York and Asian sessions. Please make times configurable for each session. 
  3. No New Trades allowed during this time: New York session 3 hours prior to session end, 5:00pm EST. Please make this configurable in the settings.
  4. Conditions to allow BUY Trades: Price must be above the 50 SMA, 5 minute candles. Current candle price must close bullish/higher than its open price. Difference in candle's high and low can not be greater than 10 pips. Prior 5 minute candle must be a bearish candle: (its close price must be lower than it's open price). Trade will execute at close of current candle.
  5. Conditions to allow Sell Trades: Price must be below the 50 SMA, 5 minute candles. Current candle price must close bearish/lower than its open price. Difference in candle's high and low can not be greater than 10 pips . Prior 5 minute candle must be a bullish candle: (its close price must be higher than it's open price).  Trade will execute at close of current candle.
  6. Conditions to allow Trades BUY/Sell: If current open trades equal 2 or less: Allow new trade. Max open trades at one time is 3. Please make this configurable in the settings. The time between each trade being open should be at least 15 minutes. please make this configurable as well in the settings. 
  7. Stop loss conditions: For BUY trades - 3 pips lower than the current candle's lowest price (candle close that executed the trade), For Sell trades - 3 pips higher than the current candle's highest price (candle close that executed the trade). The minimum Stop Loss should be 4 pips for all trades. Please make this value configurable in the settings.
  8. Take Profit Conditions: Default take profit should be 15 pips, please make this configurable in the settings. 
  9. Close all trades Conditions: If there are trades open in the current session (London, New York or Asian sessions) all trades to close 10 minutes prior to current sessions end time. Please make this configurable in the settings. 
  10. I would like the ability to manually enter a Support and Resistance price in the settings. If price is within 20 pips of a Resistance price, do not allow new BUY trades. If price is within 20 pips of a Support price, do not allow Sell trades. This 20 pip value should be configurable in the settings.
  11. Comment for each trade: simple comment for each trade executed is : SyllaFX
  12. On Chart displays: I would like the EA to display the current number of trades open, the current unrealized profit/loss for each trade 1-3. (while the trade(s) are open). Also display the realized profit/loss for the current day, this should reset on the next day. New day is after New York session close (5:00pm EST).

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