Correction to EA (see EA description below)

MQL4 Indicators Experts

Job finished

Execution time 5 hours
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Specification

I have this EA but during backtesting it fails to close the position and leaves it open forever, resulting in huge losses.

I need you to go through it and make sure it respects the following requirements (if it really did, this failure to close position should not happen!):

 EA based on 5 moving averages (60-120-180-240-300 candles). Only values at close of minutes (and NOT during the minute) are considered! As soon as ALL the 5 MAs are higher (not at any instant, but only at the close of the minute) than the previous minute, a sell limit order is immediately placed at current price (close minute)+ X pips. If sell limit order has been placed, the order is closed when the opposite happens: that is, as soon as all of the 5 MAs are lower than the previous minute, and a new buy limit order is placed at current price - X pips. Since sometimes the limit order is not placed because the required price is not closed, in these instances obviously it is not necessary to close an order, but it's necessary to place a new order according to the new MAs. This is a no-stop cycle.

Works on M1 and M5 charts!!

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Project information

Budget
30+ USD