"MULCHER" EA

MQL5 Esperti

Specifiche

Strategy Logic

  • If a candle closes above the EMA → open a BUY
  • If a candle closes below the EMA → open a SELL

Inputs

  1. Session Filter (New York Time)
    • Start time and end time
    • Must handle DST automatically
    • Only open trades within this session

  2. EMA Period
    • User-defined (e.g. 20, 50, 100, 200)

  3. Stop Loss Distance
    • User-defined
    • Must work correctly for:
      • Forex (pips)
      • Indices (points)

  4. Risk-Reward (RR)
    • User-defined multiple (e.g. 1.0, 1.5, 2.0, etc.)
    • Take profit = SL distance × RR

  5. Risk % Per Trade
    • User-defined (e.g. 1%)
    • Lot size calculated so SL hit = chosen % loss

Trade Execution Rules

  • Entry is based on candle close
  • Only 1 open trade at a time
  • SL and TP set immediately on entry
  • EA can open a new trade after the previous one closes

Additional Options

  • Close trade on opposite signal (on/off)
  • Close all trades at session end (on/off)
  • Magic number

Key Notes

  • Session filter controls entries only (unless “close at session end” is enabled)
  • EA must work consistently across FX and indices
  • No other indicators or filters required


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