EA, based on Crossing of Averages

MQL5 전문가

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General information: The EA is used on the current timeframe, indices and FOREX. It works on VPS solution from MQL5, too.

Demonstration of Signals for Entry and Exit see enclosed sheet




Entry - Long: 
Fast Average crosses Slow Average upward   

Exit – Long:
Fast Average crosses Slow Average downward   

Entry - Short: 
Fast Average crosses Slow Average downward   

Exit – Short:
Fast Average crosses Slow Average upward   

According this strategy, if a Long/Short-position will be closed  a new Short/Long-position will be opened at the same time. 
There can always be 1 open order, only! 


S/L and T/P:
They are calculated by ATR (Average True Range). e.g if the parameter is 3, this means ATR is multiplied by 3 based on the current timeframe. 


Trading-hours:
To avoid higher spreads at night, the VPS should sometimes work at typical trading hours, only.
I should have the possibility to choose, if all open orders should be closed at e.g. 22:00

Trailing:
Trailing should start, if the trade is in the profit zone with fixed pips. After reaching this point the drawdown can go to a maximum of fixed pips. 
For example: 
After x pips trailing starts: eg. 100
Accepted drawdown in pips: e.g 20

This would have the following consequences: 
- If the position is 100 pips in  the profit zone, the miminum profit would be 80 pips.
- If the profit goes to 99 pips, the trailing would not get activated. 
- If the profit goes to 178 pips, the position would be closed with a profit of 158 pips


Input-Parameters:
Lot size:                                                         starts at 0.01

Moving Average Fast
Period:
Shifting:
Method: Simple /Exponential / Smoothed / Linear Weighted
Use: Close can be fixed

Moving Average Slow
Period:
Shifting:
Method: Simple /Exponential / Smoothed / Linear Weighted
Use:      Close can be fixed

T/P – S/L
T/P – ATR multiplied by:   e.g. 3.2
S/L – ATR multiplied by:   e.g. 1.8.

Trading-hours:
Trading from:  e.g. 8:00
Trading to:      e.g. 22:00
Close all open trades: Yes / No

Trailing:
After x pips trailing starts: eg. 100
Accepted drawdown in pips: e.g 20

Please name the file „Averages_EA“

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