MA trending

 Please, read everything first and pay attention in every detail before agree.

The purpose of this EA is to work with various time frames with several Moving Average.

The following is the parameters that the EA will set:

-- General Settings -- 

1) Lot (Number greater than 0 with 2 digits, ex: 25.50)

2) Take Profit (Number greater than 0 with 2 digits, ex: 25.50)

3) Stop Loss (Number greater than 0 with 2 digits, ex: 25.50)

-- Break Even settings --

4) Break Even Enable (True or False)

5) Break Even Level (Number greater than 0 with 2 digits, ex: 25.50)

6) Break Even Profit (Number greater than 0 with 2 digits, ex: 25.50)

-- Time allow to trade -- 

7) Start Time (00:00 to 23:59)

8) End Time (00:00 to 23:59)

9) Close Positions (True or False) ** Do not trade with a different time and If there is a trading going, close the position. So if the time is different that was set, independently if the trade is positive or negative profit (gain zone or loss zone), close it.

-- Sending Orders Type and settings -- 

10) Market Price (True or False) ** Send order as market price

11) Pending Order (true or false)

12) Pending order points (Any number with 2 digits, including negative numbers) **This is a number to sum or subtract of the last close price.

      Ex 1: BUY case. If the close price was 103.50 and the number that set was 2.5, so the EA will send a pending order with the price equal to 105.00 (Stop order)

      Ex 2:  BUY case. If the close price was 105.00 and the number that set was -5.00, so the EA will send a pending order with a price equal to 100.00 (Limit order)

13) Reversal Order (True or false) ** Send oposite order 

-- Time Frame 01 -- 

14) Time frame (All Time frame allowed in MT5 like, 1m, 5m, 30m, 1H, etc..)

15) MA 01 Period (Integer number greater than 0)

16) MA 01 Type (Simple, exponential, etc..)

17) MA 02 Period (Integer number greater than 0)

18) MA 02 Type (Simple, exponential, etc..)

19) MA 03 Period (Integer number greater than 0)

20) MA 03 Type (Simple, exponential, etc..)

21) Candle Trend (True or false) ** Will be explained later

-- Time Frame 02 -- 

22) Time frame (All Time frame allowed in MT5 like, 1m, 5m, 30m, 1H, etc..)

22) MA 01 Period (Integer number greater than 0)

24) MA 01 Type (Simple, exponential, etc..)

25) MA 02 Period (Integer number greater than 0)

26) MA 02 Type (Simple, exponential, etc..)

27) MA 03 Period (Integer number greater than 0)

28) MA 03 Type (Simple, exponential, etc..)

29) Candle Trend (True or false) ** Will be explained later

-- Time Frame 03 -- 

30) Enable (True or false)

31) Time frame (All Time frame allowed in MT5 like, 1m, 5m, 30m, 1H, etc..)

32) MA 01 Period (Integer number greater than 0)

33) MA 01 Type (Simple, exponential, etc..)

34) MA 02 Period (Integer number greater than 0)

35) MA 02 Type (Simple, exponential, etc..)

36) MA 03 Period (Integer number greater than 0)

37) MA 03 Type (Simple, exponential, etc..)

38) Candle Trend (True or false) ** Will be explained later

-- Condition to trade -- 

39) BUY Power Trend (Integer number, greater than 0, positive)

40) SELL Power Trend (Integer number, less than 0, negative)

HOW IT WORKS:

The EA will analyse the power of the market trend, basing on several Moving Averages and candle trend at different time frames. Each MA and candle trend of each time frame will generate a number like:

Bear trend = -1

Neutral = 0

Bull Trend = +1

The EA will sum all this number and decide to BUY or SELL.

For example, If the sum of the conditions is greater than 12, EA will Buy. And if the sum of the condition is less than -10, EA will sell.

EA will work only with "Close prices" to decide if send and order or not.

*** Conditions to find the trend number:

  *Candle Trend

    If close price = open price, number is 0

    If the Close price > open price, number is +1

    If the close price < open price, number is -1

  *Crossing and trend MA rules (Only for MA 01 and MA 02)

    If MA 01 > MA 02 -> +1

    If MA 01 < MA 02 -> -1

    If MA 01 = MA 02 -> 0

    MA 01 last price [Bar (0)] is greater than MA 01 previous last price [Bar (-1)], AND MA 02 last price [Bar (0)] is greater than MA 02 previous last price [Bar (-1)], AND close price (market price) is greater than MA 01 and MA 02, the number is +1, ELSE, number is 0 

    MA 01 last price [Bar (0)] is less than MA 01 previous last price [Bar (-1)], AND MA 02 last price [Bar (0)] is less than ma 02 previous last price [Bar (-1)], AND close price (market price) is less than MA 01 and MA 02, the number is -1, ELSE, number is 0 

   P.S.: So to confirm the bull trend, MA 01 must crossing up MA 02 and the direction of the both moving averange (MA 01 and MA 02) must be higher (up).To confirm bear trend, the conditions will be the oposite.

  *MA 03 rules

    IF the last price (market price) is greater than MA 03 AND MA 03 last price [Bar (0)] is greater than previous last price [Bar (-1)], number is +1, ELSE, numer is 0. 

    IF the last price (market price) is less than MA 03 AND MA 03 last price [Bar (0)] is less than previous last price [Bar (-1)], number is -1, ELSE, numer is 0. 

If every conditions are bull trend, the maximum number will be 15. If every conditions are bear trend, the minimum number will be -15.

EXAMPLE:

 Time Frame 01 = 2 minutes

  MA 01 and MA 02 crossing = +1

  MA 01 Trend = +1

  MA 02 Trend = 0

  MA 03 Trend = +1

  Candle Trend = -1

 Time Frame 02 = 5 minutes

  MA 01 and MA 02 crossing = +1

  MA 01 Trend = +1

  MA 02 Trend = +1

  MA 03 Trend = 0

  Candle Trend = +1

 Time Frame 03 = 20 minutes 

  Enable = True

  MA 01 and MA 02 crossing = 0

  MA 01 Trend = +1

  MA 02 Trend = +1

  MA 03 Trend = 0

  Candle Trend = +1

         *** SUM = 9.

 Suppose that I set -> BUY Power Trend = 8 -> It means that if the sum of the conditions is greater than 8, EA will send a Buy order

 Suppose that I set -> SELL Power Trend = -6 -> It means that if the sum of the conditions is less than -6, EA will send a Sell order

 Neutral will be a value less than 8 and greater than -6. (EA will do nothing)

SO in that example case, EA must to send a buy order, if the other conditions like, time set, are ok.

To help to understand the idea of the EA, I include an indicator that works very similar of what I want, but the indicator just change the colors. 

Red tons means bear. Green and Blue means bull. Yellow means neutral.