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A simple EA shall be developed to help add positions.
Parameters: T1, T2, P1, P2 all integer. T1<T2. L, double.
Candidate time frame: 3m, 5m, 10m, 15m, 30m, 1h, 4h, 1d.
1. Assume T1=5, T2=12, P1=40, P2=15. If the price is going up, EMA5 (T1) up across EMA12 (T2), do nothing at this moment. When the price rises another 40 (P1) points, add 0.01 (L) lot Buy. When the price rise another 15 points, add another 0.01 (L) lot Buy. When the price rise another 15 points, add another 0.01 (L) lot Buy and so on until no higher price to touch the next adding points.
2. The the price may begin to drop. EMA5 (T1) down across EMA12 (T2), do nothing at this moment. When the price drops another 40 (P1) points, add 0.01 (L) lot Sell. When the price drops another 15 points, add another 0.01 (L) lot Sell. When the price drops another 15 points, add another 0.01 (L) lot Sell and so on until no lower price to touch the next adding points.
3. The price will rise and drop again. Do the same thing as described above. That is, when EMA5 (T1) >EMA12 (T1), only add Buy position. when EMA5 (T1) <EMA12 (T1), only add Sell positron. That is all for the project.
4. Source code (MT5 version) should be provided.
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