FreelanceSections

An EA based on simple MA cross over using a bar chart

MQL4 Experts Text writing

Job finished

Execution time 6 days
Feedback from employee
Great customer! Thanks a lot. If you will have any new idea - i am always open for you!
Feedback from customer
Very helpful and was quick to resolve problems. Would use again.

Specification

No over night positions.

EA should start at 7am (adjustable)

If bar closes above MA then look to buy on next bar 1.1 pip above previous bar high. (opposite for sell)

Stop loss 20 pips.

If 20 pips in profit move S/L to B/E.

Close and reverse on next signal.

To prevent whipsaw, if 3 signals in a row, let last one run until stopped out then start again.

ie: Trade 1: Buy, Trade 2: Reverse/Sell, Trade 3: Reverse/Buy...ignore sell signal until position stopped out for 20 points.

No new trades after 2pm.

Hold open positions until bar close above/below M/A. 

All trades closed at 20:30pm.


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