FreelanceSections

A Breakout Expert Advisor using a Simple Moving Average for Meta trader 5

MQL5 Experts Forex Trading robot/indicator debugging

Job finished

Execution time 3 days

Specification

BUILD A BREAKOUT EXPERT ADVISOR USING A SIMPLE MOVING AVERAGE(SMA) FOR META TRADER 5
Here's the basic outline of the expert advisor:
BUY
1.    If the PRICE (candle) crosses and closes above the SMA, open a BUY Market position.
2.    DO NOT BUY IF THERE IS ALREADY A BUY POSITION.
SELL
1.    If the PRICE (candle) crosses and closes below the SMA, open a SELL Market position.
2.    DO NOT SELL IF THERE IS ALREADY A SELL POSITION.

PARAMETERS:
1.    TIMEFRAME: MUST WORK ON ALL TIMEFRAMES AVAILABLE ON MT5 [1min – Monthly]

2.    ADJUSTABLE SIMPLE MOVING AVERAGE


3.    TRADING HOURS: 3 ADJUSTABLE START & STOP TIMES
DEFAULT
•    03:00 – 5:00 AM
•    8:00 – 11:59 AM
•    17:00 – 19:00 PM

DO NOT CLOSE POSITIONS AFTER TRADING HOURS, LET THE TRADE RUN UNTIL SL OR TP IS HIT.

4.    STOP LOSS AND TAKE PROFIT (IN PIPS)

5.    TRAILING STOP LOSS (IN PIPS)

6.    RISK ALLOCATION FOR EACH TRADE

•    FIXED AMOUNT($)
•    % OF BALANCE

Files:

PNG
LONG_POSITION.png
31.0 Kb
PNG
SHORT_POSITION.png
35.6 Kb

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Project information

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Deadline
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