FreelanceSections

Create Stop Loss - Exit trade based on Moving Average Crossover

MQL5 Experts Scripts Strategy modules Stocks

Job finished

Execution time 3 days
Feedback from customer
The developer was very responsive, answering all questions quickly. Project finished within 1 day. I tested and it worked without needing any changes. Very happy and recomend this developer.
Feedback from employee
Excellent Customer

Specification

HI all.


I want a trade assistant script /  robot to assist in trade exits. I will manually open a trade, and I want the robot to exit the trade based off when the 3 EMA average crossses back over the 8 Period EMA. So essentialy its a trailing stop based of the moving average, thus keeping the trade on in the trend untill the trend reverses. As of now It wouldnt be a full robot, therefore no need for position management etc, its a trade assistant helping to EXIT positions. 

Desired customizations: Length of slow + fast moving average.

Option to set if EMA is based off candle open, or close.




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