Hello! I
need 2 expert advisors coded for the mt4 platform.
The
specifications of the 2 EAs are as follows
Entry
strategies:
§ EA 1: Same as the MACD Sample which is included in
the standard pack of the MetaTrader 4 terminal.
§ Long
(BUY) entry – MACD indicator is below zero, goes upwards
and is crossed by the Signal Line going downwards.
§ Short
(SELL) entry – MACD indicator is above zero, goes downwards
and is crossed by the Signal Line going upwards.
User will be
able to set the lots, MACDOpenLevel, MACDCloseLevel, MATrendPeriod.
For
specifications, see https://www.mql5.com/en/articles/1510
EA2: Based
on the MACD histogram. Enter after the histogram crosses the zero line. Buy
when the histogram crosses from below the zero line to above the zero line (negative
bar followed by a positive bar); sell when the histogram crosses from above the
zero line to below the zero line (positive bar followed by a negative bar).
In both EAs,
the user will be able to set the following:
In the “common”
area, user can decide whether to enter long and/or short positions.
User will be
able to determine the lot size and maximum slippage of a trade.
User can set
the value of fast, slow, signal period of MACD and whether to use simple or
exponential moving average for each of the three moving averages.
User will be
able to set the time of day during which the EAs open trades. The time can be
intraday (e.g. 06:25 to 18:45) or overnight (e.g.17:36 to 06:37).
The user can
determine whether to open more trades by the EAs when the previous trade is
still open.
Exit strategy:
Both EAs use
the same exit strategy.
There will
be three take-profit levels and a stop loss which is movable. User can set the
percentage of the trade closed on each take-profit level (0 to 100). Upon the
first partial take-profit the stop loss could be moved(optional) to a fixed
number set by the user and at the second partial take-profit the stop loss
could be moved(optional) again to a fixed number set by the user. The numbers
set by the user can be both negative and positive.
The exit
strategy of the original “MACD Sample” included in the standard pack of mt4
terminal will be deactivated.
I need mq4 and
ex4 files for both EAs. The EAs will be able to work in the market as well as in
the strategy tester. They will be able to work in any time frame.
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