EA - Moving Average

Project Requirements:

1. Trading Strategy:

• Entry: Open a position when a candle crosses the moving average (MA) and closes above or below it.

• Moving Average: The period of the moving average should be adjustable (e.g., 20, 50 periods).

2. Stop-Loss and Take-Profit:

• Stop-Loss: Adjustable, for example, 30 points.

• Take-Profit: Adjustable based on a configurable risk-reward ratio (RRR). Example: With an RRR of 3 and a stop-loss of 30 points, the take-profit would be 90 points. • Alternatively, take profit when the price has a closing price above or below a selected moving average e.g. The period of the moving average should be adjustable.

3. Trading Times:

• Position Opening: Only within a specified time window (e.g., between 09:00 and 14:00).

• Position Closing: Automatically at a configurable time (e.g., 22:00). This time should be flexible to set, such as 21:00 if preferred.

4. Position Management:

• Already opened positions should not be closed if the trading system is outside the specified trading times. New positions can only be opened within the defined time window.

• Position Size: Fixed and adjustable, for example, 0.2 lots.

5. Break-Even Rule:

• Options: The EA should include a break-even rule with the following options:

• No break-even.

• Break-even after reaching an RRR of 1.

• Break-even after reaching an RRR of 2.

6. Partial Sales:

• Options: The EA should include an option for partial sales with the following settings:

• No partial sale.

• Partial sale after reaching a specified RRR (e.g., 0.5 RRR, 1 RRR, 1.5 RRR).

• Partial Sale Amount: Adjustable in percentage, for example, 50% of the position.

Summary:

The EA should be capable of trading based on the above rules and settings. The programmer should ensure all parameters are flexible and user-friendly, adjustable through the MetaTrader 5 input.