Specification

boom and crashing EA using MAs. As equity grows EA should adjust lot size. EA should use 2 EMAs, 10 and 20 cross to scalp for one minute only(only buy crash and sell boom). EA should also indicate possible spikes but not trade them, just indicate a possible spike. it should be able to trade accounts as low as 10$ using 0.20 lot size, when account reaches 50$, the EA should increase lot size to 0.30, at 100$, lot size should be 0.50.

Also the bot must only risk 70 percent of the balance once the balance is more than 300 dollars.

 

Sell condition:

If 10-EMA crossed down through the 20-EMA :

1.       Checks if the current candlestick is red

2.       After the specified number of (xxx) seconds, send a sell order request.

3.       Set take profit (TP): After the desired time (xxx) seconds has passed since the sell order execution

4.       Placing multiple orders when a certain condition is activated.

5.       Stop loss: This section checks if there is an open sell order and if the current price has moved a certain distance

6.       Risk management:(  specified by the MaxLossPerDay variable) (specified by the MaxProfitPerDay variable DailyTrades …..)

 

 

Buy condition:

if 10-EMA crossed above the 20-EMA

1.       checks if the current candlestick is green

2.       After the specified number of (xxx) seconds, send a buy order request.

3.       Set take profit (TP): After the desired time (xxx) seconds has passed since the buy order execution

4.       Placing multiple orders when a certain condition is activated.

5.       Stop loss: This section checks if there is an open buy order and if the current price has moved a certain distance

6.       Risk Management : (specified by the MaxLossPerDay variable) (specified by the MaxProfitPerDay variable DailyTrades …..)



Custom Order Comment  

Emybot Ea

Magic Number

20220512

Trading Direction

Sell only or Buy only

candlestick

Red or green

=======================================

 

Fast MA Period

10

Fast Ma Methode

Exponential

Fast Ma Applied Price

Close price

Fast Ma shift

0

Slow MA Period

20

Slow Ma Methode

Exponential

Slow Ma Applied Price

Close price

Slow Ma shift

0

=======================================

 

buy order After (seconds ) (0=Disbale )

 

Sell order After (seconds ) (0=Disbale )

 

Number of multiple sell (0=Disbale )

 

Number of multiple buy  (0=Disbale )

 

=======================================

 

Max loss, $ (0=Disbale )

 

Max Profit, $ (0=Disbale )

 

=======================================

 

Lot Size

Lot 0.01 to 50

Stop loss, (0=Disbale )

 

Take Profit, After (seconds )

 

=======================================

 

Trade all sessions

TRUE, EA must run 24/7 / If  is False, EA must only run

Specific time #1

01:00 – 05:00

Specific time #2

08:00 – 14:00

Specific time #3

18:00 – 22:00

Specific time #4

18:00 – 22:00

!!!! No trades during the periods not specified

=======================================

Trading Days

Monday

true

Tuesday

true

Wednesday

true

Thursday

true

Friday

true

Saturday

true

Sunday

true

=======================================

 

Money Management

 

TRUE / FALSE (default TRUE; FALSE means fixed lots)

=======================================

Risk Management

DailyTrades

2 or Auto

DailyProfit

2 or Auto

DailyLoss

1 or Auto

 

 

Deliverables

 

Conclusion of the project will be measured according to the following:

  1. Functioning EA in MT5 (will test on demo and live account)
  2. Must be backtest-able in MT5 without error.
  3. Uncompiled code (must compile without errors or warnings).
  4. Compiled EA must successfully upload to the MQL5 marketplace – an indication of robust and clean coding.
  5. Source code must be delivered as well as lifetime license























































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