FreelanceSections

An Expert Advisor based on three moving average crossover is needed

MQL4 Experts Trading robot/indicator debugging Forex

Job finished

Execution time 2 days

Specification

Money management: fixed 0.01 lot (with option auto increase lot size when capital increases)

Indicators: 12 exponential moving average, 26 exponential moving average, 55 simple moving average

Forex pair: major pairs (5 decimals except 3 decimals for USD/JPY)

Time frame: 1 min chart (or can be executed on any time frame)

Comment: please put comment at each command.


Trading Rules

Long Entries:

  • 12 EMA crosses up the 26 EMA and 55 EMA from below
  • Open buy position
  • Place protective stop-loss below the most recent swing low
  • Exit the trade for 9 to 15 pips profit.

Short Entries:

  • 12 EMA crosses down the 26 EMA and 55 EMA from above
  • Open sell position
  • Place protective stop-loss above the most recent swing high
  • Exit the trade for 9 to 15 pips profit

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