EA Request

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Hamletfx
11
Hamletfx  

Hi..

Can any body help me with the following idea as an EA? I guess it is basic and it is based on moving average crosses with some money management tricks. The specification are:

Open a trade with a cross and exit it with cross in the opposite direction.

1. If your first trade is in profit, then, open only 1 lot (or mini) in your new trade.

2. If your 1st trade is in loss, then, open 2 lots (or mini) in your new trade.

3. Continue doubling the lot size until you end up with a profitable trade.

This EA should:

1. Let the user to customize the inputs of MA such as period, type, shifting...etc.

2. Let the user to decide his/her preferred initial lot size. Mini lots should be allowed.

3. Let the user to decide the maximum number of lots to be opened.

I hope to hear from you guys soon

Regards,

Hamletfx
11
Hamletfx  

And of course it should work on all TFs

typhoon_gr9
58
typhoon_gr9  

very nice ,and i think adding a trailing stop will be useful here to lock on ur profit,or u will lose what u got when the ma crosses back.

regards

Hamletfx
11
Hamletfx  

Agree. Too many enhancement could be done. Still waiting for someone to create the EA

luxinterior
401
luxinterior  

Do a search for 'Martingale' and you'll see 'your' idea is as old as the hills and is an account blower.

Good luck!

Lux

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