Hey Guys! I just want a Simple MA crossover EA.
Two
moving averages (should be able to select normal, exponential, etc).
When faster MA crosses slower MA then open order according to
parameters.
It
could be the moment the MA crosses, after the close of the first bar
(depending how far away from the fast MA it closes, if bar too big
after a certain retracement of that bar) ,when the price comes back
to the fast MA and touches it or closes at a certain distance (pips
or %) from that fast MA.
Position
sizing
Could
be fixed or relative to the SL and risk per trade
SL:
Could
be fixed or relative to the Average true range (Ex: 1Atr, etc)
Should
be dinamic. Meaning being able to use one or the other ( use the
smallest/biggest of the two)
Trailling
stop:
X
pips below the closing of the previous bar.
Clasic
trailing stop (pip distance)
At
a certain distances above of below the fast MA
TP:
Should
be able to set two TP. The idea is that if Target 1 is reached, The
EA would close x amount of the position a try to reach target two.
Also SL would be moved to Break even (If it hasnt reached that level
yet) and start trailing from there.
Similar orders
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