An Expert Advisor base on Exponential moving average 8(fast moving average), Simple moving average 20(slow moving average), Volume indicator, and relative strength index (period 11).

Spécifications

List of indicators to use:

Exponential moving average 8(fast moving average), Simple moving average 20(slow moving average), Volume indicator, and relative strength index (period 11).

The EA is expected to trade in the direction of the trend using the parameter below.

A buy trade is to be executed if all the following criteria are fulfilled

 The fast moving average is above the slow moving average on H4.

 The fast moving average is above the slow moving average on M30.

 The relative strength index is above 55 on M30

 The most recent histogram of the volume is higher than the previous histogram on M30.

The price action shows bullish dominance (i.e.  Bullish engulfing, hammer, piercing pattern, morning star, three white soldiers, bullish harami, bullish marubozu) on M30.

The price is trading above the support level on M30.

A sell trade is to be executed if all the following criteria are fulfilled

The fast moving average is below the slow moving average H4.

The relative strength index is below 45 M30.

The most recent histogram of the volume is higher than the previous histogram M30.

The price action shows bearish dominance (i.e. Bearish engulfing, dark cloud cover, shooting star, evening star, three black crows, bearish harami, bearish marubozu) M30.

The price is trading below the resistance level M30.

Risk management

Risk allocation should be in percentage. The trader should be able to define his risk before running the EA. The maximum risk allowed is 5% and the overall allowed draw down should be 15%.

The risk to reward should be 1:3

Stop loss show be set 7 pips away from support or resistance level

There should be 2 take profits to achieve 1:3 risk to reward

News trading should be allowed

EA should be able to trade all the financial asset on the MT4


Répondu

1
Développeur 1
Évaluation
(22)
Projets
21
10%
Arbitrage
4
25% / 75%
En retard
0
Gratuit
2
Développeur 2
Évaluation
(14)
Projets
18
17%
Arbitrage
5
40% / 40%
En retard
0
Gratuit
3
Développeur 3
Évaluation
(93)
Projets
114
24%
Arbitrage
21
29% / 52%
En retard
8
7%
Gratuit
4
Développeur 4
Évaluation
(3)
Projets
3
0%
Arbitrage
1
0% / 100%
En retard
0
Gratuit
5
Développeur 5
Évaluation
(452)
Projets
788
48%
Arbitrage
70
17% / 53%
En retard
139
18%
Travail
6
Développeur 6
Évaluation
(436)
Projets
688
34%
Arbitrage
33
70% / 9%
En retard
22
3%
Travail
7
Développeur 7
Évaluation
(151)
Projets
188
57%
Arbitrage
10
80% / 0%
En retard
0
Travail
Publié : 1 code
8
Développeur 8
Évaluation
(72)
Projets
80
10%
Arbitrage
38
8% / 58%
En retard
6
8%
Gratuit
9
Développeur 9
Évaluation
(428)
Projets
622
54%
Arbitrage
29
55% / 24%
En retard
6
1%
Chargé
10
Développeur 10
Évaluation
(20)
Projets
28
29%
Arbitrage
2
0% / 50%
En retard
1
4%
Gratuit
11
Développeur 11
Évaluation
(102)
Projets
158
21%
Arbitrage
23
9% / 78%
En retard
16
10%
Travail
12
Développeur 12
Évaluation
(373)
Projets
479
23%
Arbitrage
57
56% / 25%
En retard
55
11%
Chargé
13
Développeur 13
Évaluation
(77)
Projets
241
73%
Arbitrage
7
100% / 0%
En retard
1
0%
Gratuit
14
Développeur 14
Évaluation
(14)
Projets
18
67%
Arbitrage
2
50% / 50%
En retard
3
17%
Gratuit
15
Développeur 15
Évaluation
(43)
Projets
66
12%
Arbitrage
12
58% / 42%
En retard
1
2%
Gratuit
16
Développeur 16
Évaluation
(143)
Projets
185
42%
Arbitrage
24
58% / 21%
En retard
13
7%
Travail
17
Développeur 17
Évaluation
(69)
Projets
146
34%
Arbitrage
13
8% / 62%
En retard
26
18%
Gratuit
Publié : 6 codes
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Informations sur le projet

Budget
30+ USD