An Expect Advisor based on two moving averages, grid and stochastic indicators.

MQL4 Experts

Job finished

Execution time 4 minutes
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Specification

Greetings 

The expect advisor will have 13 ema and 50 ema, grid master indicator ( for martingale strategy/ lot multiplier) and stochastic. 


The strategy

For sell signals

When the 13EMA crossover above 50EMA, the will only allow sell signals.

The main signal will be opened when the stochastic crossover above level 80, the EA will open only one sell MAIN POSITION with stochastic, then the other positions (top-up of the main position) will be opened whenever the market IS STILL BULLISH and the EA will take a new top-up position whenever it reaches the 400 gridspace (adjustable) by grid master indicator based on martingale / lot multiplier.

The EA will close positions (the main position and top-up positions) when the opposite signal is filled. but the EA must ignore opposite signal if the overall current profit/loss is still on negative.  

 

For buy signals

When the 13EMA crossover below 50EMA, the will only allow buy signals.

The main signal will be opened when the stochastic crossover below level 20, the EA will open only one buy MAIN POSITION with stochastic, then the other positions (top-up of the main position) will be opened whenever the market IS STILL BEARISH and the EA will take a new top-up position on every 400 gridspace (adjustable) by grid master indicator based on martingale / lot multiplier.


The EA will close positions (the main position and top-up positions) when the opposite signal is filled. but the EA must ignore opposite signal if the overall current profit/loss is still on negative.  

Maximum spread 5 (adjustable)

add Trailing stop 

 

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Project information

Budget
30 - 40 USD
Deadline
from 1 to 3 day(s)