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I need a simple EA based on 2 sets moving average crossover strategy, it should able to work on different timeframes, time sessions, currency pairs and Moving average indicators (exponential, simple)
ENTRY STRATEGY
The EA execute trades using 2 sets of moving average crossovers for example (20,200) crossover & (50,200) crossover.
Buy when both crossovers have switched to buy signal.
Ie;
· Crossover between (20,200)-should be on a buy
· Crossover between (50,200)-should be on a buy
Execute a trade after the second signal has confirmed a buy.
Sell when both crossovers have switched to sell signal.
· Crossover between (20,200)-should be on a sell
· Crossover between (50,200)-should be on a sell
Execute a trade after the second signal has confirmed a sell
CONTRASTING SIGNALS
Contrasting signal refers to when crossovers are not in unison,one signals a sell the other a buy.
For example
· When crossover between (20,200) is on a buy while Crossover between (50,200) has crossed over to suggest a sell.
· When crossover between (20,200) is on a sell while Crossover between (50,200) has crossed over to suggest a buy.
ON CONTRASTING SIGNAL
Close profits –TRUE /FALSE
Close losses- TRUE /FALSE
The EA should be able to select which open trades to be closed when contrasting signal has been generated .i.e. whether to close profitable trades or close losing trades.
Parameters
Trading behavior-long & short (buy on buy signal and sell on sell signal)
-long (buy on buy signal)
-short (sell on sell signal)
-inverse (buy on sell signal, sell on buy signal)
Fast MA( 1)-20 (editable)
Fast MA( 1)-method –exponential
-simple
-linear weighted
-smoothed
Fast MA( 1) applied price-close price
-open price
- High price,
-low price,
-median price,
-typical price
-weighted price
Fast MA( 1)-shift-0 editable
Slow MA(1)-200 (editable)
Slow MA(1)method –exponential
-simple
-linear weighted
-smoothed
Slow MA(1)applied price-close price
-open price
- High price,
-low price,
-median price,
-typical price
-weighted price
Slow MA(1) shift-0
Fast MA( 2)-50 (editable)
Fast MA( 2)method –exponential
-simple
-linear weighted
-smoothed
Fast MA( 2) applied price-close price
-open price
- High price,
-low price,
-median price,
-typical price
-weighted price
Fast MA( 2)shift-0 editable
Slow MA( 2)-200 (editable)
Slow MA( 2))method –exponential
-simple
-linear weighted
-smoothed
Slow MA( 2)applied price-close price
-open price
- High price,
-low price,
-median price,
-typical price
-weighted price
Slow MA( 2)shift-0
TAKE PROFIT
Take profit in pips =200(editable)
Stop loss in pips=200(editable)