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Hello i need a trend following ea for mt 4 that can trade at all symbols i put in in one chart.
lets take a look at the rules
first we define serveral conditions. a possitive number is bullish and a negative is bearish
1 todays close minus the 10-day moving average (MA) of the close
2 Todays10 days MA minus the 10-days MA 10 days ago
3 Todays close minus the close 40 days ago
Go long if all three conditions are possitive
Go short if all three conditions are negative
it can only enter trade when it goes from not all three conditons to all 3 conditions ok
so we if we stop out it will not reenter befor we a new start on conditions
the SL is based on atr
and should be adjustabble multiplier so in this example the atr is 0,024 and the multiplier is 2 the stoploss would be 240 pips or 2400 points
when the market moves to another high it take the new atr but it can never move in a worse situation just move with the price like a trailing
every close it see if the sl is moving closer to the price with the atr
i hope everthing is ok here with entry and exit
also i should have autolot per 10000 because i do not have same currency
magic number
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