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Dear Sir or Madam,
I would like to create an EA that would be attached to a 2-SMA (simple moving average 2; HL/2: median) and a 3-SMA (simple moving average 3;HL/2: median)
1. The idea of the trading system is as follows:
- To open a buy when When 2-SMA crossover 3-SMA by 10 pips
- To open a sell when When 2-SMA cross down 3-SMA by 10 pips
- Only one trade should be opened at a time and be closed by the opposing signal
3. Trading Signals:
- Buy signal: the SMA2 crosses the SMA3 upwards by 10 pips (SM2>SMA3)
- Sell signal: the SMA2 crosses the SMA3 downwards by 10 pips (SM2<SMA3)
4. Positions are closed: at opposite signals: Buy positions is closed at Sell signal, and Sell positions is closed at Buy signal. Only one trade opened at a time.
5. Positions are opened at the market price at signal
6. Lot size: should be variable as an input-value
7. Generalities:
- should be working for any time frame but not for scalping ( I would say from M30 to D1)
- Any currency pair
- Signals should be visible on the charts and maybe pips made
- Any suggestion to improve is welcome
Thanks in advance!
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