FreelanceSections

EA, based on Crossing of Averages

MQL5 Experts

Job finished

Execution time 16 hours
Feedback from customer
5th job, always the best service
Feedback from employee
Thank you so much !

Specification

General information: The EA is used on the current timeframe, indices and FOREX. It works on VPS solution from MQL5, too.

Demonstration of Signals for Entry and Exit see enclosed sheet




Entry - Long: 
Fast Average crosses Slow Average upward   

Exit – Long:
Fast Average crosses Slow Average downward   

Entry - Short: 
Fast Average crosses Slow Average downward   

Exit – Short:
Fast Average crosses Slow Average upward   

According this strategy, if a Long/Short-position will be closed  a new Short/Long-position will be opened at the same time. 
There can always be 1 open order, only! 


S/L and T/P:
They are calculated by ATR (Average True Range). e.g if the parameter is 3, this means ATR is multiplied by 3 based on the current timeframe. 


Trading-hours:
To avoid higher spreads at night, the VPS should sometimes work at typical trading hours, only.
I should have the possibility to choose, if all open orders should be closed at e.g. 22:00

Trailing:
Trailing should start, if the trade is in the profit zone with fixed pips. After reaching this point the drawdown can go to a maximum of fixed pips. 
For example: 
After x pips trailing starts: eg. 100
Accepted drawdown in pips: e.g 20

This would have the following consequences: 
- If the position is 100 pips in  the profit zone, the miminum profit would be 80 pips.
- If the profit goes to 99 pips, the trailing would not get activated. 
- If the profit goes to 178 pips, the position would be closed with a profit of 158 pips


Input-Parameters:
Lot size:                                                         starts at 0.01

Moving Average Fast
Period:
Shifting:
Method: Simple /Exponential / Smoothed / Linear Weighted
Use: Close can be fixed

Moving Average Slow
Period:
Shifting:
Method: Simple /Exponential / Smoothed / Linear Weighted
Use:      Close can be fixed

T/P – S/L
T/P – ATR multiplied by:   e.g. 3.2
S/L – ATR multiplied by:   e.g. 1.8.

Trading-hours:
Trading from:  e.g. 8:00
Trading to:      e.g. 22:00
Close all open trades: Yes / No

Trailing:
After x pips trailing starts: eg. 100
Accepted drawdown in pips: e.g 20

Please name the file „Averages_EA“

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Project information

Budget
70 - 100 USD
Deadline
from 1 to 2 day(s)