EA using EMA strategy with trailling stoploss etc...

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İş Gereklilikleri

I want to create a EA with the requirement show on the attach file.


Long entry: Price close above EMA

Close long when price close below EMA, this also count as Stoploss for long


Short entry: Price close below EMA

Close long when price close above EMA, this also count as stoploss for short



EMA long short strategy with setting

- STOPLOSS: 

   + 1st option close at specific setting price 

   + 2nd option stoploss at highest price of signal candle for  SHORT and stoploss at lowest price for LONG

- TAKE PROFIT at specific setting price


- BREAKEVEN: when price close at a  certain price then the breakeven is active, the SL will move to offsetting price.


- TRAILING TRIGGER: when price close at a certain price, trailing stoploss will active


- TRAILING DISTANCE: Distance of the trailing stop-loss from current price.SL will be opened at trail distance after trailing trigger is met.


- TRAILING STEP : Moves trailing stop-loss once price close at favourable by a specified number of pips.


examble for trailing step: trailtrig=12,traildist=8,trailstep=3


Interpretation

With trailtrig=12, the first instance of trailing SL will be when price moves favourably for 12 pips (entry+12). 

The SL will be placed 8 pips lower at (entry+12-8).


With trailstep=3, the second instance of trailing SL is when price moves favourably for another 3 pips (entry+12+3).

The SL will be placed at 8 pips lower at (entry+12+3-8).

The third instance will be when price moves another 3 favourable pips (entry+12+3+3)

The SL will be placed 8 pips lower at (entry+12+3+3-8), and so on.


- TRADING TIME : buy or sell only active during active hours are setting.

- Daily profit and daily loss setting

- Close on reverse : this funtion is like hedging mode. I can turn this on off if i want to. For example when a Long trade open, it will be close when short open, and short will close when long open.




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