FreelanceSections

An Expert Advisor in mql5 using two Simple Moving Averages

MQL5 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 3 days
Feedback from employee
I was impressed by the clear and comprehensive specification provided, great opportunity to work with him.

Specification

Build an expert advisor (EA) that automatically trades all major and minor currency pairs (28), incorporating a fast Simple Moving Average (SMA) and a slow SMA for Meta Trader 5.

Here's the basic outline of the expert advisor:

For each of the 28 pairs (major and minor) open:

LONG

  •        When the Fast SMA is above the Slow SMA, if the candle crosses and closes above the Fast SMA, open a BUY stop position.

  •         If the candle crosses both the Fast & Slow SMA and closes above both Fast & Slow, open a BUY stop position.

  •         DO NOT BUY IF THERE IS ALREADY A LONG POSITION FOR THE PAIR.

SHORT

  •          When the Fast SMA is below the Slow SMA, if the candle crosses and closes below the Fast SMA, open a SELL stop position.

  •        If the candle crosses both the Fast & Slow SMA and closes below both Fast & Slow, open a SELL stop position .

  •       DO NOT SELL IF THERE IS ALREADY A SHORT POSITION FOR THE PAIR.

PARAMETERS:

  •          Time-frame parameter {1min - 1 week}

  •          Trading Hours

Example: 

1.       00:00 am – 2:00 am GMT

2.       8:00 am – 12:00 pm GMT

3.       14:00 pm – 16:00 pm GMT

  •  Stop Loss parameter

  •  Take profit parameter

  •  Trailing Stop Loss parameter

  •  Risk allocation for each Trade (%equity or fixed amount($))

  •  Fast and Slow SMA
















































































Files:

ZIP
An_Expert_Advisor_in_mql5_using_two_Moving_Averages.zip
578.3 Kb

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