An Expert Advisor Based on EMA Crossover Needed

1. Entry Rules

• Buy Entry:
• ADX(14) > 25
• +DI > -DI
• EMA 21 crosses above EMA 50
• Validated on the close of the H1 candle.
• Sell Entry:
• ADX(14) > 25
• -DI > +DI
• EMA 21 crosses below EMA 50
• Validated on the close of the H1 candle.

2. Exit Rules

• Take Profit (TP):
• ATR-based TP = Current ATR(14) × 3.0
• Stop Loss (SL):
• ATR-based SL = Current ATR(14) × 1.5
• Trailing Stop:
• Activated when profit ≥ ATR(14) × 1.0.
• Trailing distance = ATR(14) × 1.5.

3. Indicators & Parameters

• EMA (Exponential Moving Average):
• Fast EMA: 21 Periods
• Slow EMA: 50 Periods
• Applied to: Close Price
• Purpose: Trend crossover detection.
• ADX (Average Directional Index):
• Period: 14
• Components: ADX line, +DI, -DI
• Purpose: Confirm trend strength (>25) and direction.
• ATR (Average True Range):
• Period: 14
• Purpose: Dynamic SL, TP, and trailing stop calculations.

4. Risk Management

• Risk Per Trade: 1% of account balance.
• Daily Drawdown Limit: 3%.
• Maximum Drawdown: 8%.
• Lot Size Formula: Lot Size = (Account Balance x Risk %) / (Stop_Loss_Pips x Pip Value)
• Pip Value:
• EURUSD & GBPUSD: $10 per pip (standard lot).

5. Timeframe

• Timeframe: H1 only.

6. Broker Requirements

• Platform: MT5
• Order Type: Market Execution
• Maximum Open Trades: 2 trades at a time.

7. Session & Timing Rules

• Session-Based Exit:
• Close all trades automatically at the end of the London session (if open).
• News Filter:
• Pause trading 30 minutes before and after high-impact news events (e.g., NFP, Interest Rate Decisions).

8. Exception Handling

• Slippage:
• Max allowed slippage = 3 pips.
• Cancel trade if exceeded.
• Spread Filter:
• Max allowed spread = 4 pips.
• Skip trade if spread exceeds limit.
• Requotes:
• Retry order once after 2-second delay.
• If failed again, skip trade and log.
• Network Errors:
• Retry up to 3 times (2-second delay between attempts).
• If all retries fail, skip trade and log.