EMA cross auto trader

MQL4 Experts

Job finished

Execution time 2 days
Feedback from customer
Prompt communicator and clever. Will use again
Feedback from employee
Great communication. Always good to see in a client.

Specification

Hi All,

Thanks for offering your help on my request.


I've just recently moved to MT4 from TradingView and find the platform quite challenging to use so apologies if I have missed any basics. 


Hopefully my request has already been done before so it wont take you too long!


Seeking auto trader that:

- Is to be used predominantly on 4h chart but can be amended if wanted

- Long positions will be opened at the point where the 5EMA crosses above the 8EMA 

-Positions will open upon cross of the EMAs and does not wait for formed bars

-Long position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, downward. The turn of the 8EMA also does not wait for formed bar.


- Short position will be opened per the above but obviously when the 8EMA crosses above the 5EMA. Again, this does not need to wait for bars to form.

- Short position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, upward. The turn of the 8EMA also does not wait for formed bar.

- Stop loss set at 2x value of trade value. Eg. If trade margon is $500, stop loss to be triggered once losses hit $1000. This can be amended by trader if wanted


- Position size is determined by an external variable


- Need the above to be able to back tested?

As I'm new, clear instruction will also need to be provided on how to load and use the EA.

Thanks!

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Project information

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40+ USD
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from 1 to 7 day(s)