Simple Forex strategy

MQL5 Experts

Job finished

Execution time 4 days
Feedback from employee
Thanks a lot

Specification

I need a simple EA created. 

 

It is based off of this website: http://strategy4forex.com/strategies-based-on-forex-indicators/simple-indicators-forex-strategy.html

 

 

The EA would use the following:

1) Indicator - Heikin ashi

2) Exponential Moving Average - EMA (5), close - the color blue

2) Exponential Moving Average - EMA (8), open - the color green

3) Indicator - Dinapoli stoch (8,3,3)

4) Indicator - MomentumVT (10)

5) Indicator - QQE Alert v3. 

 

 

The advisor would Entering the market for BUY -

if all the following conditions:

1) Exponential Moving Average EMA (5) and EMA (8) crossed up.

2) Indicator Dinapoli stochastic just crossed paths up (blue line crossed the red bottom-up)

3) Indicator MomentumVT (10) is above its zero level.

4) Indicator QQE arrow drawn up (possibly even a few bars earlier).

5) bar is painted in white.

 

Entering the market needs to produce the next candle after all conditions to the transaction. 

 

 

Closure of a trading position - as the only indicator QQE alert and moving averages EMA (5) and EMA (8) are fed back trading signals. But since they rarely ring the trading bell at the same time, then close the deal, only in cases where 2, these signals were received.

For SELL - opposite conditions. 

 

A safety stop-loss should be set by local minima (for sale) or maximum (for sale).

Should ignore signals before exiting the important news. 

 

 

 

 

 

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