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Hello!
I want to use an HMA indicator that would be coded into an EA so it trades automatically based on the indicator settings. The EA should trade based on the "hull moving average indicator.
Settings I want to be able to choose from the EA indicator.
Alerts
Trades; Entry/Exit (Alert when EA open a new order)
Email: ON/OFF or an on screen alert
Errors (Alert when EA get error, possible?)
Email: ON/OFF or an on screen alert
EA window
- Online / Offline (status)
Inputs: (For the HMA indicator)
Fast HMA: (Period adjustable 1 – 100)
Slow HMA: (Period adjustable 1 – 50)
Driver speed: (Adjustable 1 – 3)
Uptrend color: Custom
Downtrend color: Custom
Line width: 1-5
Trade position Inputs/settings; (in each case a drop down menu of option)
Take profit: (in pips or change in color of the fast HMA to the slow HMA)
Stop loss: (in pips or change in color of the fast HMA to the slow HMA)
Time frame: (All, daily, 4 hours. 2 hours and 1 hour)
Trade option: (both, or buy, or sell)
Position sizing
Lot size: (Adjustable 0.01 – 0.1)
Account protection
Drawdown limit: ON/OFF (EA will turn off if active market order draw down more than x %)
Value: 1-100: %
Spread limit: ON/OFF (EA will not place any new orders if the spread exceed this value even if a new trend started) (But the EA It will enter the trend and the market as fast as possible when the spread is under the desired spread value)
Value: 0 – 5 in pips
The idea of the EA trading system;
Entry rule: Initiate a trade, buy or sell every time the fast HMA turn same color as the slow HMA
Exit rule: Exit trade when the fast HMA change color different to the slow HMA, or stop loss is reached or take profit hit.
The EA is to be running in at least four (4) different pairs at the same time.
Only maximum of four (4) trades to be opened at a time on different currency pairs. No one pair should have two open positions.
I don’t know if I was able to capture most of the details that need to be in the project. I am open to discussions that will improve the functionality of the EA, since I don’t have very much experience in coding. It will also be difficult for me to state a fair price for this project. I will be gladdened if any interested person will kindly tell me what is fair and reasonable considering the value of my budget may be lower. Thank you for your understanding. I hope to get a favorable reply soonest.