Job finished
Specification
This is my strategy:
EMA 5
EMA 60
Time Flame: Current.
- The idea of the trading system is as follows: market entries are performed when Exponential Moving Averages lines intersect in the current trend direction
2. Trend is determined based on the Exponential Moving Average with the specified period (EMA 60). If the current EMA value is greater than the previous one, the trend is seen as growing (EMA 5 > EMA 60). Alternatively, if current EMA is below the previous one, the trend is considered to be falling (EMA 60< EMA 5).
3. Trading Signals:
Buy signal: the EMA 5 crosses above EMA 60 buy at the intersection
Sell signal: the EMA 5 Crosses below EMA sell at the intersection
The below figure shows Buy and Sell cases.
EMA 5 crosses above EMA 60 buy at the intersection.
EMA 5 Crosses below EMA sell at the intersection
4. Positions are closed at opposite signals: Buy positions are closed at Sell signals, and Sell positions are closed at Buy signals.
If in a buy trade and EMA 5 Crosses below EMA 60 Close all buy positions and place sell positions.
I want to be able to Choose the number Of Trade positions. So it should be editable.
If in a sell trade and EMA 5 Crosses above EMA 60 Close all sell positions and place buy positions.
NOTE: This condition only applies only in a trade with that same currency pair.
Scenario: EA will be placed on multiple chart on different currency pairs. Eg. let say am trading both volatility 100 and Volatility 75 at the same time.
The cross over that will close and open new Positions on Volatility 100 should not affect Volatility 75 open Trades.
Stop Loss: Try to use very tight stop loss as possible. Stop loss value 20 pips for Currency and 2000 points for derivatives indices. Stop Must be editable
Trailling Stops: I have a attached an EA I built I want same trailing stop idea. Please refer to the “MA Trail.ex5 EA”.
Take profit: My strategy is set to loss less an win more: TP must be 100pips for currencies and 10000 points for indices: NB TP must be editable.
Note Trade entries should be only on the cross over. In cases that trade hit stop loss or TP. Do not open any position until there another crossover.
Attached are screenshot and video recording for more explanation