MQL4: Exponential Moving Average Crossover EA

MQL4 Experts Forex

Job finished

Execution time 2 days
Feedback from customer
Developer went above and beyond, great communication. Clearly has a great knowledge of MT4 language. Would highly recommend
Feedback from employee
It was nice working with him.

Specification

Idea of Trading System

Trend following EA. Market entries are performed using three EMA's. 7, 24, 28 (subject to change to find optimal configuration, go with these for code)


Trade Signals

Buy: 7 EMA > 28 EMA trade must only be placed once on the candle of the cross using Ask price.

Position is closed once the 7 EMA < 24 EMA.

Stop loss will be fixed amount external input 


Sell: 7 EMA < 28 EMA trade is placed on the Bid price of the candle of the cross.

Position is closed once 7 EMA > 24 EMA.

Stop loss is fixed amount external input 


Additional check trade will not be placed if Spread is > x amount 


Must be eligible to work on multiple currency pairs/ time frames simultaneously i.e 15m, 45m, 60m. Magic numbers included on orders e.g 10015, 10045, 10060


Order Lot Calculation

Each trade must be placed with an optimal lot size calculation & volume depending on the size of the current balance and free margin. This % needs to be changeable depending on the time fame the EA is being executed on and currency pair. Best to have it as an external input? 


A Max Loss feature that stops code if x% of Account Balance is lost e.g 10%


Any queries or additional info needed please let me know




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Project information

Budget
60 - 80 USD
Deadline
to 12 day(s)