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Money Management System

MQL5 Indicators Experts Forex Trading robot/indicator debugging Strategy optimization Strategy modules Stocks

Specification

// Define the properties
input int ShortPeriod = 12;
input int LongPeriod = 26;
input double LotSize = 0.1;

// OnTick function is called every time there is a price update
void OnTick()
{
    double shortMA = iMA(NULL, 0, ShortPeriod, 0, MODE_SMA, PRICE_CLOSE, 0);
    double longMA = iMA(NULL, 0, LongPeriod, 0, MODE_SMA, PRICE_CLOSE, 0);

    double prevShortMA = iMA(NULL, 0, ShortPeriod, 0, MODE_SMA, PRICE_CLOSE, 1);
    double prevLongMA = iMA(NULL, 0, LongPeriod, 0, MODE_SMA, PRICE_CLOSE, 1);

    if (prevShortMA < prevLongMA && shortMA > longMA)
    {
        // Buy signal
        OrderSend(Symbol(), OP_BUY, LotSize, Ask, 3, 0, 0, "Buy Order", 0, 0, clrGreen);
    }
    else if (prevShortMA > prevLongMA && shortMA < longMA)
    {
        // Sell signal
        OrderSend(Symbol(), OP_SELL, LotSize, Bid, 3, 0, 0, "Sell Order", 0, 0, clrRed);
    }
}

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Project information

Budget
30 - 250 USD
Deadline
from 1 to 7 day(s)