Moving Averages

MQL4 Experten

Spezifikation

The title of this EA could be Another Dummy about to lose money using Moving Average crosses. Fair enough, but it's only money.

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Settings that I will NEVER change and SHOULD NOT be customizable

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Fast Moving Average:    
Price:             (H+L+C)/3               
Displacement:        0
Average Type        Weighted

Slow Moving Average    
Price:            (H+L+C)/3
Displacement         0               
Average Type        Weighted

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Settings that must be input by user       
Fast Length:        5     (Preset but changeable)       
Slow Length         35   (Preset but changeable)
Currency Pair       
Time Frame       
Time of Day       24hrs being an option other wise use a "start and end field"?
Position Size (Not based on Balance)
Stop and Limit in Pips
Rule Number 3 (See Below) Time Frame Qualifier ON/OFF and Time Frame
Rule Number 4 (See Below) Open position on current Candle or next Candle. —————————————————————————————————————

Rules - Rules - Rules - Rules

1) When fast moving average crosses below slow moving average sell.

2) When fast moving average crosses above slow moving average buy.

3) ON/OFF qualifier.       

If OFF    Rule one or two opens trade. (move to 5)   
If ON     User specified time frame “qualifier”

EXAMPLE (ON):

If rule 1 ONLY sell if CURRENT 4 hr time frame (user input) Fast IS BELOW Slow.       
If rule 2 ONLY buy if CURRENT 4 hr time frame (user input) Fast IS ABOVE Slow.

4) Open new position on tick or close of candle.
5) An open position generated by the EA can ONLY be closed when           

A) Stop is hit   
B) Limit is hit
C) User manually closes.
D) Stops and Limits CAN be manually adjusted on an OPEN posistion.
NOTE: Once a position is opened the EA is no longer looking for “crosses”in that currency pair. It will not close a position or enter a position in the opposite direction.

6) Notifications enabled.

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Can this be coded? Respond with enthuasim - Thank you in advance .

TrainDoodle
Dave Z

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