FreelanceSections

EA based on 10 and 20 EMA pull back

MQL4 Experts

Job finished

Execution time 1 day
Feedback from employee
Good employer! Thank you :)

Specification

Inputs:

- EMA 1

- EMA 2

- EMA 3

- Take profit amount 

- Stop loss: 2 options

a. open of bull candle trigger bar (for long positions) or open of bear candle trigger bar (for short positions)

b. Stop loss triggered by $ amount. Eg stop loss triggered at $500 loss


Long positions:

- 10 EMA must be above 20 EMA and 200 EMA

- 10 EMA and 20 EMA MUST be trending upward

- When a bearish candle close below the 10 EMA and then a future bullish candle closes above the 10EMA, the bullish candle close is the trigger candle.

It is important that the 10 and 20 EMAs are trending upward. If they are not trending upward at the trigger bar, the position will not open. 


Short positions:

- 10 EMA must be below 20 EMA and 200 EMA

- 10 EMA and 20 EMA MUST be trending downward

- When a bullish candle close above the 10 EMA and then a future bearish candle closes below the 10EMA, the bearish candle close is the trigger candle.

It is important that the 10 and 20 EMAs are trending downward. If they are not trending downward at the trigger bar, the position will not open. 

Thank you.

Files:

JPG
long_position1.jpg
71.8 Kb
JPG
short_position2.jpg
58.4 Kb
JPG
short_position1.jpg
86.0 Kb

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Project information

Budget
100+ USD
For the developer
90 USD
Deadline
from 1 to 2 day(s)