MA200 LiTiRe

Specification

1.: I will have the need to get the sourcecode for the EA. No sourcecode = No deal.

Specifications:

2.: Specification LONGtrade:

2.1. The EA shall work on all timeframes from M1 to 1M based on the timeframe in the selected chart.

2.2. The EA has to recognize when a candle crosses above the MA200 and  closes above the MA200.

2.3. If condition 2.2. is met the EA has to check wether 60candles-back-MA200 is lower than actual MA200 AND  wether 120candles-back-MA200 is lower than actual MA200.

2.4. If conditions in 2.2. and 2.3. are met the EA shall open such a buy order that the volume of the trade risks maximum 0.5% of EQUITY and additionally places a Stoploss that guarantees this.

2.4.1. The Stoploss shall trail with a value of MA200(instrument) - 20%ATR(instrument)

2.5. Every trade shall exit if:

2.5.1. the Stoploss in 2.4. or 2.4.1 is hit

or

2.5.2. the actual candle crosses the MA200 downwards and closes under the MA200


3.: Specification SHORTtrade:

3.1. The EA shall work on all timeframes from M1 to 1M based on the timeframe in the selected chart.

3.2. The EA has to recognize when a candle crosses under the MA200 and  closes under the MA200.

3.3. If condition 3.2. is met the EA has to check wether 60candles-back-MA200 is higher than actual MA200 AND  wether 120candles-back-MA200 is higher than actual MA200.

3.4. If conditions in 3.2. and 3.3. are met the EA shall open such a sell order that the volume of the trade risks maximum 0.5% of EQUITY and additionally places a Stoploss that guarantees this.

3.4.1. The Stoploss shall trail with a value of MA200(instrument) + 20%ATR(instrument)

3.5. Every trade shall exit if:

3.5.1. the Stoploss in 3.4. or 3.4.1 is hit

or

3.5.2. the actual candle crosses the MA200 upwards and closes above the MA200

4. Every open trade on FRIDAYS at 21.30h (GermanTimeZone) has to have a new trailingstoploss=instrument minus 30pips (for longtrades) and plus 30pips (for short trades).

5. All above mentioned parameters have to be configurable via a set-file.

6. A magic number has to be configurable via a set-file.

7. A trade comment has to be configurable via a set-file.


:end of specifications

Addendum: NOT NOW but for further activities I might be interested in a module that scans  the FOREX-Majors, Indexes and commodities for situations as specified under 2.2. and 2.3. and 3.2. and 3.3. and makes corresponding recommendations; your ideas regarding this are welcome.

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