Moving Average Crossover EA

Trabalho concluído

Tempo de execução 18 dias
Comentário do cliente
Yerim is one of the most amazing developers I have found here. Excellent communication skills, adds great value and goes for the extra mile. Besides, his code is really well structured and commented.
Comentário do desenvolvedor
One of the best client ever! Knows exactly what he want. He is able to communicate his need perfectly without ambiguity, really nice to talk to! The Dream of every developer!! Highly recommend!!

Termos de Referência

I need an EA that opens trades according to the crossover of Moving Averages. The EA is based on two Moving Averages MA1 and MA2: 
  • For every new candle the EA attempts to open a new position, according to the MA crossover direction:
    • If MA1>MA2, open a BUY position
    • If MA1<MA2, open a SELL position
  • There is a limit for current open trades which is also set in the settings. If the number of open trades reaches that limit, the EA can’t open any new positions until another open trade closes.
    • If the new position was not opened due to this limit, the EA simply moves on and attempts to open another new position on the next candle.
  • Each created position has a Take Profit and Stop Loss value. Both values are set in the EA settings.
  • The candle timeframe is set in the EA settings, NOT the current chart timeframe.
  • The trading instrument used (e.g. EURUUSD) is also set in the EA settings, NOT the current chart instrument.
  • Lot Size is specified in the EA settings.
So, the EA main settings are:
  • Instrument (free text)
  • Timeframe: M1, M5, M15, M30, 1H, H4, D1 (text options list)
  • Lot Size (float)
  • Stop Loss (points, as an integer)
  • Take Profit (points, as an integer)
  • Open Positions Limit (integer)

Also, Both Moving Averages are configured in the EA settings as follows:

  • MA1 Period (integer)
  • MA1 Method (text options list):
    • Simple
    • Exponential
    • Smoothed
    • Linear Weighted
  • MA2 Period (integer)
  • MA2 Method (text options list):
    • Simple
    • Exponential
    • Smoothed
    • Linear Weighted

For simplicity, both Moving Averages have the following fixed setups (no need to be as settings but considered for the code):
  • Apply to: Close Candle
  • Shift: Always 0 (zero). No shift.

Additional Requirements:

  • If “Open Position Limit (integer)” is set to 0 (zero), this setting will be disabled, which means there will be no limit for current open positions. SETTING;
    • Open Positions Limit (0=unlimited) (integer)
  • Add a feature that turns off EA Auto Trading function when Open Position Limit is full, and that enables this function back again when Open Position Limit is below the limit after the closing one or more positions in the account. SETTING:
    • Turn On/Off EA Auto Trading if Open Positions unavailable/available (Boolean)

While running, the Expert Tab should keep a registry of the following events:

  • Every Attempt to open a new position specifying position type (BUY, SELL)
  • If the position WAS NOT opened due to max limit of open positions reached, add a note in the Expert Tab with the current number of open positions
  • If the position WAS opened, add a note in the Expert Tab with the position type, id and the updated number of open positions after the opening
  • If a position was closed, add a note in the Expert Tab with the position type, id and the updated number of open positions after the closing
  • If there is an MA1/MA2 crossover, add note in the EA Tab specifying the crossover direction and the current value of each MA.
  • Any other relevant event or information the developer may consider.

Final Remarks:
  • The code must be clean, efficient, commented AND, most importantly, organized in several separate subroutines. I plan to reuse this code as a filter in another EA in the future.


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