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An Expert Advisor based on Moving Averages

MQL4 Experten

Auftrag beendet

Ausführungszeit 5 Tage
Bewertung des Entwicklers
Great employer! +++++
Bewertung des Kunden
Fast working, proactive solutions, easy communication - I was fully satisfied

Spezifikation

I need an Expert for MT4 based on three moving averages. Here are the requirements:

Trade settings

  • Lots- This is the lot size for opening trades. If this value is greater than zero, then fixed lots will be used.
  • RiskPercentage- The percentage of free margin to risk in a trade. The Lots setting must be left as 0 to use this setting instead.
  • TakeProfit- The fixed take profit value in points. If 0 then no take profit will be set.
  • StopLoss- The fixed stop loss value in points. If 0 then no stop loss will be set.

Settings for trailing stop;

  • AllowTrailingStop- This setting must be set to true if trailing stop is to activate.
  • TrailDistance- The trailing stop will be this distance in points away from the price.
  • TrailTrigger- The trailing stop will only start when the trade is at least this number of points in profit.

First MA settings (same for the second and the third MA as well as Trend MA):
  • Ma1period- Period value for first MA.
  • Ma1shift- Shift value for first MA.
  • Ma1method- Moving average method. Set 0 for simple, 1 for exponential, 2 for smoothed and 3 for linear weighted.
  • Ma1appliedPrice- Moving average applied price. Set 0 for close price, 1 for open price, 2 for maximum price, 3 for minimum price, 4 for median price, 5 for typical price and 6 for weighted close price.

MAs as trend indicators:

Trend MA is used to determine the trend: it takes CurrentValue and CurrentValue - 1 (previous bar) on D1 frame; if CurrentValue - (CurrentValue - 1) > 0 then the trend is assumed to be bullish, if CurrentValue - (CurrentValue - 1) < 0 then the trend is assumed to be bearish. The same logic is applied to each MA to determine if they are lowering (showing bearish trend) or rising (showing bullish trend).

Trading triggers:
  • Buy order is set if any two of three MAs become rising (CurrentValue - (CurrentValue - 1) > 0) and Trend MA shows bullish trend. Order is closed when any two of three MAs become lowering (CurrentValue - (CurrentValue - 1) < 0) or stop loss/take profit is triggered.
  • Sell order is set if any two of three MAs become lowering (CurrentValue - (CurrentValue - 1) < 0) and Trend MA shows bearish trend. Order is closed when any two of three MAs become rising (CurrentValue - (CurrentValue - 1) > 0) or stop loss/take profit is triggered.

The indicator should work on any timeframe and any currency pair.

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Projektdetails

Budget
30+ USD
Ausführungsfristen
bis 10 Tag(e)