Freelance service at MQL5.com: EA based on MA

Job finished

Execution time 21 hours

Feedback from customer

Nicole is a great developer. He goes above and beyond to make sure the job is done to the extent of satisfaction. Did I say he is pretty fast as well !?! I totally recommend him.

Feedback from employee

Thank you very much

Description

Specification

It is a simple scalping EA based on Moving Averages on M1 timeframe only, please see the definition:

1. When MA (moving average of M1) for the last 5* periods is increasing every period (closing price) then place a Buy order. And vice versa for Sell order.

2. After placing the order check every minute. If it is still in the same trend at the end of every minute then keep the order open. Else Close on first change of direction w.r.t last price. There are no other SL or TP limits

3. No new orders on high impact news*, close existing orders* as well. Start again after 2* hrs.

4. No new order on high volatility* (using Bollinger Bands), keep existing orders open*.

5. No new orders in Support*/Resistance* zones

6. Close all trades on end of day*

7. Use 2% of the balance* on any trade or 0.01* lot whichever is higher*

8. Work on M1* only, all symbols.

9. Ability to switch between Simple MA vs Exponential MA*

10. All parameters marked with * should be configurable in the EA

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