Specification
Part 1: Project setup
Input settings (risk, stop loss, take profit, EMA periods)
Indicator initialization
Trade management framework
Part 2: Trading logic
EMA crossover detection
Buy/Sell entry rules
One-trade-per-symbol check
Part 3: Risk management
Automatic lot size calculation
Stop-loss and take-profit placement
Trade execution and error handling
Part 4: Final touches
On-screen information
Optimization improvements
Full testing instructions
MT4 version
We'll also improve it beyond a basic EMA crossover by adding optional filters such as:
Trend filter
Spread filter (avoids trading when spreads are too high)
Trading hours filter
Break-even stop
Trailing stop
News filter (optional, if you later want to integrate one)
These features can make the EA more robust, though they still won't eliminate the risk of losses.
We'll begin with Part 1 in the next message.
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