Abhijeet

MQL4 Indicators Experts

Job finished

Execution time 20 days

Specification

3EMA 1:2
Authoer: Abhijeet Bhosale. 

? INTRODUCTION
This EA  is based on the principal of crossover of 3 exponential moving averages along with confirmation from macd to avoid the false alarms. The ema’s are 8, 21, & 50. This cross over happens and usually creates up or down trend in the direction of the crossover. Remember trend is your friend, also this has a high percentage of success. So with the 1:2 ratio even with 50% accuracy you make money. 
? Condition
The trade condition for the EA is to trigger the trade when the smallest ema of 8 crosses the highest ema of 50 the trade should be triggered with the stop loss and the take profit set on the ratio of 1:2 from the opening price. No Trades should be opened in any currency pair between 20:00hrs to 23:59hrs. 
Even if one trade is triggered and it goes in the opposite direction and the cross over condition for the trigger is met should open a opposite trade with the same ratio of 1:2. The EA should not trigger more than 10 active trades at a time. 
The ea should only run on the currency pair it has been activated on, the testing duration for this EA will be 2 weeks after which if there are any amendments to be done will be shared. 
? Customization
The ea should be customizable so could be run on different time frames. We should be able to change the lot size to adapt to the account size, also need to be able to change the pips on the sl and tp conditions. Even if we change the pips the ratio on the trade remains the same 1:2 
We should get a email alert every time a trade is triggered and closed. 
 

Files:

TXT
EA.txt
1.6 Kb

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Project information

Budget
10 - 150 USD
Deadline
from 1 to 15 day(s)