Expert advisor needed using macd, ema and money management.

MQL5 Experts

Job finished

Execution time 20 days

Specification

Looking for a bot that uses MACD indicator (12,26,9), 200 EMA and ATR for stop loss. 


Trading signals:

Buy signal:

1. The main MACD line crosses the signal line upwards and

2. The lines cross below the 0 line on the histogram and

3. The price is above the 200 EMA 

 

Stop loss: The lowest value of last 10 candles + the current value of ATR (lenght 14)

 

Sell signal:

1. The main MACD line crosses the signal line downwards and

2. The lines cross above the 0 line on the histogram

3. The price is below 200 EMA

 

Stop loss: The highest value of the last 10 candles + the current value of ATR (14)

 

Profit target: 1,5 times the risk taken

 

It should be able to set which currencies or stocks to trade, what time frames and the time of the day to trade e.g. 2-5 pm.

It should be able to set a maximum number trades per day, a maximum number of trades being executed at the same time.

It should be able to set the amount per trade as a percentage of the balance on the account.

 

 

 

 


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Project information

Budget
30 - 50 USD
Deadline
to 10 day(s)