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Execution time 1 day
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Specification
Need a trend following EA based on signal generated by 2 Exponential Moving Averages and ADX requirements.
EA Name : MA ADX EA
INDICATORS :
ADX
RSI
EMA 20
EMA 50
===================
STRATEGY :
LONG ENTRY Market Order is triggered when;
20EMA above 50EMA
Price closed above 20EMA and 50EMA
Bullish candle
Price not more than 20pips from 20EMA
ADX is sloping up
ADX Period 48 is above level 13
ADX Period 48 is above level 13
ADX D+ is above D-
RSI period 21 above level 50 and pointing up
SHORT ENTRY Market Order is triggered when;
20EMA below 50EMA
Price closed below 20EMA and 50EMA
Bearish candle
Price not more than 20pips from 20EMA
ADX is sloping up
ADX Period 48 is above level 13
ADX Period 48 is above level 13
ADX D- is above D+
RSI period 21 below level 50 and pointing down
==================
POSITION / LOT SIZING :
Fix lot, Equity percentage
Able to choose single trade or multiple entries as long trade criterias above are met.
===================
EXIT Strategy Option to choose ;
Fix TakingProfit and Fix StopLoss
Trailing Stop Loss
D+/D- crossover / Price cross below 20Ema or 50EMA
=====================
OTHER FILTERS;
News Filter with auto GMT ( Stop/Start trading before nhours the high impact news )
Time Filters with auto GMT
Spread Filters
Friday Exit with option to close all trades.
Attached screen shot as illustration for Long Entry.
Attached screen shot as illustration for Long Entry.
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Project information
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Deadline
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