Create an EA from a custom MA indicator

Job finished

Execution time 8 days
Feedback from employee
Excellent customer. Thanks so much!!!!!
Feedback from customer
Shukurjon Beknazarov is one of the best developers I have worked with. I recommend him for any MT5 related job. 10+

Specification

Expert Advisor MT5 brief

Using a custom moving average already developed called CMA_0, create an EA with the following specificationsL


a. Entry and Exit Points:

- Long Entry: Open a long trade and close all short trades when the price closes one candle above the Custom Moving Average (CMA) indicator.
- Short Entry: Open a short trade and close all long trades when the price closes one candle below the CMA indicator.
- These conditions should be checked at the close of every candlestick.
b. Trades, Lots, Stop Loss, and Take Profit:

- The EA should allow up to 3 parallel trades with the ability of disabling trade #2 and / or trade #3. These trades should be executed in the order of priority: Trade 1 (highest), Trade 2 (second), Trade 3 (third).
- For each trade, users should be able to define specific LOTS.
- For each trade, users should be able to define specific stop-loss and take-profit points. If the take-profit is set to zero, no take-profit point will be set.
- Stop loss and take profit settings should be in dollar value, not percentage or pips. For example, if there is a long entry on US30 at 33,000 (including spread), the user should be able to define the stop-loss as 200 USD and take-profit at 300 USD. This translates into a stop-loss at 32,800 and a take-profit at 33,300.
- Users should be able to enable a trailing stop-loss on each trade individually, even after the trades are open. This should be activated either when the price moves above a certain dollar amount (e.g., 700 USD above the entry price) or manually, irrespective of whether the predetermined value was reached.

c. Trade Closure:

When a short condition is met, all open long positions should be closed immediately before opening short positions, irrespective of their profit or loss position. The same applies when a long condition is met, where all short trades are closed before opening long trades.

d. Control Measures:

The maximum number of trades that can be opened at any given time is three.
The EA should also have a user defined trading interval (i.e. ability to define the trading interval in such a way that the EA trades only Mon-Fri between 09:00 CET to 22:00 CET)

If I can help you with any further information please let me know.
I look forward to your proposals.

Have a nice day,

Files:

JPG
CMA-EA.jpg
202.7 Kb
JPG
CMA-EA-2.jpg
62.9 Kb

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Project information

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49 - 189 USD
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from 1 to 3 day(s)