Specification
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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