Ma cross EA

Ma cross EA

Using smooth MA

200 - 50 - 21

- Using 1 min time frame or 5 min governed by extern settings

- Option to turn on long or shorts only


CONDITION LOGIC


CONDITION 1

To go SHORT we need price to close below the 200 MA - We then need to 50 and the 21 to cross over below -


To go LONG we need price to close above the 200 MA - We then need to 50 and the 21 above the 200.


CONDITION 2

SHORT We then want to see 2 x fractals form (higher highs) without crossing the 200 MA.

LONG We want 2 x fractal highs, one (lower lows) without crossing the 200 MA.


SL to be set X pips (defined in the extern settings) Below the low of the first fractal if going LONG or if going SHORT above the fractal high.
- Option in settings to Alert only - ie take no trades.

- Option to monitor 3 different pairs
- max trade per pair in 30 mins setting - default 1



ALERTS


- Sound /push setting when close over 200 MA (only alert once per pair per 15 mins)

- Signal alert Price signal is confirmed on , Pair name and SL location as a push alert


RISK MANAGEMENT


- extern setting to define risk parameters ie % of capital
- 2 orders to be sent on signal given with different risk settings.

 1 Trade SL set to fractal + pips as per settings
 1 Trade SL can remain at 50 MA cross.

- break even + pips setting



MAX risk needs to be worked out to manager risk.

- we need to split the risk on 2 orders - 1 order will use trail of the 50 MA if touched it should close the trade, the other will trail the fractals. with option to turn off/on in settings.

TP settings

Trail 50 MA
Trail fractal low if long, trail fractal high if short.

-Close all trades at x time


Positions should track trade history

Win or Loss % gained or lost and pair plus output the performance.


Code will remain our IP - rights are handed over on payments.

Code must be clearly marked up for future changes.