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Specifiche
MT4 Expert Advisor: MA Timed Cross
Symbol: BCT/USD
Timeframe: User setting
Candlesticks
Indicators:
User settings for Shift
User settings for Apply to
User settings for Color
Moving Average 2: MEDIUM
User settings for Shift
User settings for Apply to
User settings for Color
Moving Average 3: FAST
User settings for Period
User settings for Shift
User settings for MA Method
User settings for Apply to
User settings for Color
Trade Signals:
Buy Signal:
MA3 crosses above MA1
Timeclock begins
MA2 crossed above MA1
Timeclock ends
User setting defines time-period between Timeclock begins and Timeclock ends.
IF MA2 crosses MA1 within the user set time-period (POSITIVE), THEN open (1) market BUY order.
IF MA2 crosses MA1 after the time-period expires (NEGATIVE), THEN wait for next positive BUY/SELL signal.
Sell Signal:
MA3 crosses below MA1
Timeclock begins
MA2 crosses below MA1
Timeclock ends
User setting defines time-period between Timeclock begins and Timeclock ends.
IF MA2 crosses MA1 within the user set time-period (POSITIVE), THEN open (1) market Sell order.
IF MA2 crosses MA1 after the time-period expires (NEGATIVE), THEN wait for next positive SELL/BUY signal.
Open/Close Order Conditions:
· When EA starts, first positive Buy or Sell signal triggers first open order direction.
Close current open order when positive signal for opposite order direction is triggered.
Close and Open market orders in opposite BUY/SELL sequence when positive BUY/SELL signals are triggered.
Once each new BUY/SELL order is opened, ignore all same direction positive order signals until next opposite direction positive order signal is received.
Each new open order must be opposite direction of last open order.
Example: BUY/SELL/BUY/SELL….; OR SELL/BUY/SELL/BUY….
MA Time Cross EA will have continuous open orders in the market until EA is closed automatically or manually based on user settings.
Upon EA closing signal, close open orders.
Stop Loss Conditions:
Users settings for Stop Loss value
IF active Stop Loss is triggered, close open order and place new opposite direction market order.
Continue close/open order sequence depending on future Stop loss or Positive order signals.
Money Management:
Common money management user settings.
Fixed lot/point size or scaling lot/point size based on user defined risk percentages of trade account present value.