Moving Average EA Simple

MQL4 Experts

Job finished

Execution time 1 day
Feedback from customer
Great guy! Super patient, really quick, knows exactly what he's doing.
Feedback from employee
Thanks for job!

Specification

Hi i am after a robot that uses ideas from grid based strategies but using MA's to determine exit and entry.


Setup:

Moving Average1(300,smoothed,close)(variable1)

Moving Average2(100,smoothed,close)(variable2)


Entry:

Prices crosses and closes past MA1(300,smoothed,close)(variable1)

Trade opens with take profit of (variable3) pips.

And stop loss of (variable4) pips.


Mid Trade:

1. If 'Entry' trade closes at take profit, immediately open a second trade in the same direction with take profit of (variable5) pips and no stop loss, only exiting on 'Exit' requirements.

2. If trade from 'Mid Trade' step 1. closes as take profit, immediately open a third trade in the same direction with take profit of (variable5) pips and no stop loss, only exiting on 'Exit' requirements.

3. Repeat 'Mid Trade' step 2. until the last trade turns back and meets 'Exit' requirements.


Exit:

Price touches either MA1(300,smoothed,close)(variable1) or MA2(100,smoothed,close)(variable2); whichever comes first.

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Project information

Budget
30 - 75 USD
For the developer
27 - 67.5 USD
Deadline
to 14 day(s)