Expert in Moving Average Crossover Bots

MQL5 Experts

Termos de Referência

Basic Policies of the Strategy:

Best performance time: Between 04:00 and 13:00 in New York. with the option to be able to choose the period of time to operate
Better market conditions: No high-impact news.

Definition of the Trend:

Technical Analysis on 1H Charts (With EMAS of 8 and 34 periods)
Uptrend: If the price is above both averages and the 8 average is above the 34 average.
Downtrend: If the price is below both averages and the 8 average is below the 34 average.


Define Entry Points

EMA (5,8,13) on 5 minute charts.
Buy: If the trend is bullish and the price is above the 3 averages. In turn, the 3 stockings must be crossed upwards, with the 5 over the 8 and it is in turn over the 13.
Sell: If the trend is down and the price is below the 3 averages. In turn, the 3 stockings must be crossed downwards, with the 5 under the 8 and it is in turn below the 13.


Definition of Exit Points

Stop: 5 points behind the last swing
Limit: 2 to 1 with the Stop.




Volume

By choice, in my personal case, 1% risk and 2% reward is what I'm looking for. with the possibility of adjusting it

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