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Hello, I am looking for someone to create the following EA please:
Indicators:
Exponential Moving Average
Average True Range
Functions:
Open trade time (example 08:00:00)
Close trade time (example 20:00:00 if a trade is still open)
Buy:
At ‘open trade time’ if price is above the Moving Average.
Sell:
At ‘open trade time’ if price is below the Moving Average.
Risk & Money Management
Input for % for capital to risk or a fixed dollar amount.
Input for Stop Loss calculated from the ATR – I would like this to taken from the figure of the last closed candle. E.g. If ATR was 10 then I can enter “1.5” for a stop loss of 15 pips.
Input to choose the Take Profit level as a ratio of the Stop Loss. E.g. If the Stop Loss is 15 pips I can enter “3” for a Take Profit level of 45 pips.
Inputs to active a Trailing Stop and its position as a ratio of the Stop Loss. E.g. If the Stop Loss is 15 pips I can enter “2” for the Trailing Stop to be activated when 30 pips in profit along with at which ratio it would start at. E.g. “0” would start at the entry price or “1” would start 15 pips in profit.
Please see example screenshot were a trade was set to open at 15:00 using the ART from the previously closed candle and x1.5 for the Stop Loss. Based on the stop loss a Take Profit level was set at a R:R 3 and Trailing Stop triggered at R:R 2 to start at R:R 1.
Kind Regards
Shaun