1. The idea of the trading system is as follows: market entries are performed when MACD's main and signal lines intersect in the current trend direction.
2. Trend is determined based on the Exponential Moving Average with the specified period (InpMATrendPeriod). If the current EMA value is greater than the previous one, the trend is seen as growing (ema_current > ema_previous). Alternatively, if current EMA is below the previous one, the trend is considered to be falling (ema_current< ema_previous).
3. Trading Signals:
- Buy signal: the main MACD line crosses the signal line upwards (macd_current>signal_current && macd_previous<signal_previous).
- Sell signal: the main MACD line crosses the signal line downwards (macd_current<signal_current && macd_previous>signal_previous). The below figure shows Buy and Sell cases.
Positions are closed at opposite signals: Buy positions are closed at Sell signals, and Sell positions are closed at Buy signals.
5. Positions are opened at the market price, when a new bar emerges. The Expert Advisor is to be tested using Open prices, so there is no need to add functions for disabling operations inside the bar.
6. Additional filters for opening a position:
The absolute value of MACD's main line will be used to filter out weak signals: the signal is only confirmed if this value is greater than open_level (in points). Signal confirmation conditions are as follows:
- Confirmation of a buy signal: Abs(macd_current)>open_level
- Confirmation of a sell signal: macd_current>open_level
7. Additional filters for closing a position:
The absolute value of MACD's main line will also be used to confirm position closure: the signal is confirmed if this value is greater than close_level (in points). Close signal confirmation conditions are as follows:
- Confirmation to close Buy positions — macd_current>close_level
- Confirmation to close Sell positions — Abs(macd_current)>close_level
8. Close by Take Profit — during position opening, a Take Profit level is set at a fixed distance from the open price, specified in points. The value is set in the InpTakeProfit input parameter.
9. Position management
TrailngStop is used to protect profit. Stop Loss is set if profit in points exceeds the value specified in the InpTrailingStop parameter. If the price continues to move in the profit direction, Stop Loss should be trailed at the given distance. Stop Loss cannot be moved towards the loss direction, i.e. the Stop Loss value cannot be increased. If none of protective orders (Take Profit or Stop Loss) triggers, the position should be closed by an opposite signal.
Ordini simili
SCALP MARTINCALE SPY TIMEFRAME 1MIN CANDLE - SHORT SIDE ONLY 1-SET RISK : A IS A VARIABLE (HOW MUCH $) 2-SET ATR(3) : SET THE TIME AT WHICH THE ATR SHOULD BE TAKEN, IF SET 933AM THEN THE ATR OF THE 1MIN CANDLE AT 933AM CANDLE WILL BE USED (ROUND AT 0.25 UP OR DOWN) *USE NEW YORK TIME 3-SET MAX NUMBER OF ENTRY : B IS A VARIABLE 4-SET RSI(14) / C IS A VARIABLE, IF RSI(14) > C = ORDERS OPEN 5-IF RSI(14) > C IS TRIGGERED
I WRITE a code i want to conect this for automatic trading through vps .and als advanced features for this code .i attached afile please watch .and give me perfect ea
Hello, I need a martingale and grid bot. The programmer must provide a test of about 5 minutes for the EA to see how it works and if everything is fine, it will be selected to make some modifications for personal use to that EA that you provide. If it has a lot of graphics or buttons. better It doesn't matter if the robot is bad, I'm more interested in its functionalities to use with my strategy
Hi Developer, I would like to create the Scalping EA based for Mt4 on the investing.com data https://www.investing.com/currencies/eur-usd-technical EA have timing to adjust time to trade. follow the broker time. From starting time to end time EA have a adjustable Lot size (0.01 incremental to 0.01) EA have a adjustable TP (1pip to 100pip incremental 1pip) EA have a adjustable SL (1pip to 100pip incremental 1pip) EA
Here is the Idea: I want a Semi Auto Trade Panel Manager EA that only activates when I press the BUY or SELL or BUY LIMIT or SELL LIMIT then the EA will do the rest : that includes the BUY STOP 0r SELL STOP and the hedging calculations according to below diagram. So overall , my only intervention is entering the lot size , hedge zone distance and TP ratio or entering the price for buy limit/sell limit then pressing
Hi, I'm looking for a martingale MT4 EA that performs a lot of trading volume per day. If you have the robot, you'll need to send me the demo so I can backtest it. Thank you very much
Hello potential Freelancers I’m very new to trading so please bear with me as I try to explain what ‘m looking for. I'm currently getting signals ( XAUUSD )sent to me and I’m looking to find a person who can look at the data either watch account live, or I send the trade history. The bot my provider is using makes 100’s of trades a day and does very well on average. I’m also looking to have the following features
we want to build a dashboard ea that would display on another chart key metrics : i will foward screeshot of what i want to dashboard to look like : the function i would need to get display are the following: 1. classified past performance ea by magic number ( with classic : total trade , total profit , return/dd , max dd (base on history) , ) 2. equity chart of performance if we click on a magic number we should
the task will be actually quiet simple , i need an active develloper to devellope out of 3 updates an ea STEP 1 (this job): make a classical pair trading ea , that can calculate correlation between assets and trade when the correlation diverge above a specified % the develloper that will postulate for the job will need : 1- to be ok to do the full project this job and the update following 2- very low arbitration , i
Hello, I want to create an EA that can be able to take and optimise trade bids using the trend tracker concept I have developed. The tracker will monitor the 2 lines in the below pictures and then start to activate bids once they cross each other and then be able to manage all bids afterwards towards the direction of the market by opening and closing them intermittently and profitably until the position at the other