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EA based on MACD LWMA

MQL4 Indicators Experts Statistics and mathematics Trading robot/indicator debugging Strategy optimization Forex

Job finished

Execution time 17 days
Feedback from customer
Simply the best! Added new, unexpected features, several re-modifications, followed up on Zoom, we backtested EA, the list is endless... Long story short; this developer is worth more than the bucks.

Specification

MACD LWMA – BUY CRITERIA
1. Level SHOULD be set to 0.001001
2. Only BUYS at the level 0.001001 and below
3. The fast MACD line crosses above the slow MACD line
4. BUY buffer must be created after the cross over and calculate at the point of cross over for:
a. BUY 1: Calculate points distance btw previous lowest low price and current price of candle’s close/open at crossover. If its greater than 250points and above, set a BUY STOP ORDER, 155 points away from the previous lowest low.
b. BUY 2: If its less than 250points and below, open a MARKET ORDER TO BUY
 

MACD LWMA – SELL CRITERIA
1. Level SHOULD be set to -0.001001
2. Only SELLS at the level -0.001001 and above
3. The fast MACD (yellow line) crosses below the slow MACD (red line)
4. SELL buffer must be created after the cross over and calculate at the point of cross over for:
a. SELL STOP POINT1: Calculate points distance btw previous highest high price and current price of candle’s close/open at crossover (let’s call it X). If its greater than 250points and above remember it’s called X), set a SELL STOP ORDER, 155 points away from the previous HIGHEST HIGH.
b. SELL 2: If its less than 250points and below, open a MARKET ORDER TO SELL
MONEY MANAGEMENT
1. Every trade risk MUST BE 0.5% of EQUITY BALANCE and must be changeable in percentage via INPUTS TAB
2. Lot size must be AUTO-CALCULATED as: Distance btw STOP ORDER/MARKET ORDER and LOW/HIGH + 70POINTS
3. ONLY ONE TRADE PER TIME
4. NEW TRADE OPPURTUINITIES MUST SEND PUSH NOTIFICATION
5. If a trade is running, upon a new signal send notification and WAIT FOR MANUAL ACTION
6. 4-STAGE TRAIL STEP AND STOP
INPUTS TAB
1. Lot size in percentage (0.5%)
2. Stoploss and Take profit
3. BUY AREA (MACD LWMA OVERSOLD LEVEL): 0.001001 and below
4. SELL AREA (MACD LWMA OVERSOLD LEVEL): -0.001001 and above
5. SELL/BUY STOP ORDER AWAY FROM X
6. SELL STOP POINT TO SUBTRACT (WHEN GREATER THAN 250POINTS)
7. BUY STOP POINT TO SUBTRACT (WHEN GREATER THAN 250POINTS)
REMEMBER, X is always auto-calculated by the EA

Files:

EX4
MACD_LWMA_v1.01.ex4
10.8 Kb
TPL
TEMPLATE_-_MACD_LWMA_SIMPLE.tpl
1.3 Kb
JPG
MACD_LWMA_00001.jpg
0.8 Mb

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Project information

Budget
30+ USD
For the developer
27 USD
Deadline
from 1 to 2 day(s)