EA_For_Stochastice_And_MA

MQL5 Experts

Job finished

Execution time 17 days
Feedback from customer
Very calm and patient A top drawer developer!

Specification

EMA and Stochastic EA

I have an EA running which can be used as a resource for this job 


VARIABLES

Slow Moving Average X

Fast Moving Average X

Stochastic upper limit X

Stochastic lower limit X

High TF X

Low TF X

The VMC_B and the MACD should be removed from the provided EA source code


ALL THESE ARE IN THE SOURCE FILE PROVIDED WITH THE JOB.


CONDITION 1 FOR A TREND

First the price must be in a trend.

Price value must be higher than fast EMA.

Fast EMA must be higher than slow EMA.

There must be at least two candles close prior to the pullback. 

There must be two consecutive candle low and close prices must be greater than the value of the Fast EMA which MUST be greater than the Slow EMA.
 

CONDITION 2 FOR A BUY TRADE

Then EA looks for a pullback

Price must close or open below the fast AND above the slow EMA.

OR

Price must close or open below the fast AND below the slow EMA.

AND

The value of the fast EMA must remain greater than the value of the slow EMA.

If the value of the fast EMA is greater than the slow EMA is false, EA stops looking for buy trades.

 
CONDITION 3 FOR A BUY TRADE

If pullback condition is True

If the fast EMA is above the slow EMA.

There must be an OVERSOLD on the stochastic at the same time of the pullback. (Within X candles) 

The Oversold Stochastic must coincide within a range of X candles that must have at least one close beneath the fast EMAs.

The fast line (on the Stochastic) must touch the lower limit value.


ALL THESE ARE IN THE SOURCE FILE PROVIDED WITH THE JOB.


There will be two TF working concurrently 

And only the stochastic and Moving Average is used for this job

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Project information

Budget
50+ USD
For the developer
45 USD
Deadline
from 2 to 7 day(s)