I WANT AN EA BASED ON MA CROSSING

MEGASOFT SURE WIN EA (MT5)

DASHBOARD.  To show the following,

1.      Currency Type

2.      Spread.

3.      Time Frame

4.      Current Lot Size.

5.      Show number of Open trades

6.      Show number of trades per entry.

7.      Remaining time for the current Candle to close.

Indicators

1.      Lucky Reversal (MT5.)

2.      2 Moving Averages.

Module 1. (Singular Entries.)

For a BUY Position

The following conditions must be met.

A.     On a chosen Time frame eg M15, the Fast MA cross the Slow MA UP, ( I choose the MA parameters.)

B.     The EA open a BUY order only if the crossing takes place above the last formed Lucky reversal indicator Support line facing up, that means the EA will ignore all the crossing that is opposite the Lucky Reversal Indicator Line, which means the EA opens a trade when the crossing is in the same direction with the Lucky Reversal Indicator Arrow direction.

When this 2 conditions are met the EA will open a BUY ORDER.

The ENTRY POINT shall be the Opening of the candle NEXT (Immediately after) the crossing candle.

STOP LOSS

Stop loss shall be determined by Measuring the distance from the ENTRY Point to the lowest price when x-numbers of pips have been added to the y - numbers of previous formed candles, counted backward from the exact candle that crosses the MA, this distance is the RISK.

Where x can be, 0, 1, 2…..7… Points.

And y can be 0, 1, 2…5… Numbers of candle sticks counted backward from the exact crossing candle.

Please note if x number = 0 (This means no Pips will be added to the lowest point of the number of backward counted candles added.)

If y number = 0 (This means no previous candle shall be counted backward, that means the cross over candle only shall be used to calculate the Risk (R).

TAKE PROFIT

Take Profit shall be determined by multiplying the Risk (R) by Z-numbers where Z= to be any number, eg Z can be 0.5, 1, 2, 3….etc. (This is Risk to Reward Factor.)

If I choose Z to be 0.5 that means my TP will be half the size of my Stop loss.

If I choose Z=1 that means Risk to reward is equal.

If Z=2 means two time risk to reward, and so on.

Please note I choose the Risk to reward factor from the EA Parameter table.

For Sell Position

Revers of all the condition mentioned above should be applied.

MODULE 2. (Multiple Candle entries)

On module 2, two time frame shall be chosen.

1.      Higher Time frame

2.      Lower Time frame.

For a BUY Order

All the condition mentioned above in module 1 shall be met at a Higher Time frame, which I will choose, then the EA will then go to the Lower Time frame, I choose and be opening a buy trade at the close of every bullish candle, if a bearish candle closes the EA do nothing, this continues until the Individual TP or SL or the Trailing stop or Break even of the Lower time frame trade  is hit, however the EA EXIT all trades when the calculated TP or SL at the Higher Time frame have been hit, then the EA wait for another entry again from the higher Time Frame.

 I will send the Parameter later