MA Distance X

This is a simple EA works with the MA indicator. Every time a new candle is created on the chart, the EA will check the distance from the current price against the MA values then it will open a position.

BUY Conditions:

When Bid price - Distance >= MA value at the #1 candle (previous candle).

In Reverse mode, a Sell order will be executed instead of a Buy order.

SELL Conditions:

When Ask price + Distance <= MA value at the #1 candle (previous candle).

In Reverse mode, a Buy order will be executed instead of the Sell order.

Features included:

• Automatically perform trailing stop
• Choose to manage capital by risk percentage or trading volume
• Manage the number of trading positions
• Flexible slippage configuration
• Range of trading time configuration

Parameters:

• Timestart: Start trading on time
• Timestop: Stop trading on time
• Money management: LOT or RISK:
• In case you choose LOT: The value for money management: is volume (Example: 0.01)
• In case you choose RISK:The value for money management: is percent (Example: 1)
• For example: If your account is currently 1000 USD, and leverage you're using the is 1:100 on EURUSD pair. At the moment, 1% is equivalent to a trade of 0.01 standard lot.
• Stop Loss, in pips: Stop loss
• Take Profit, in pips: Take profit
• Auto trailing stop: true = on, false = off
• Trailing Stop: Trailing stop, in pips. 
• Trailing Step: Trailing step, in pips
• Price distance to MA: Input distance in points
• MA timeframe: Time frame
• MA averaging period: MA period
• MA horizontal shift: MA Shift
• MA smoothing type: MA type
• MA type of price: MA type of price
• Only one position: If you select false, an order will be opened each time you switch to a new candle.
• Reverse: Reverse trade mode. Along with a condition C, but will choose to open BUY orders instead of SELL orders or vice versa.
• Close composite: Close all orders in the opposite direction with the next new one, effective when Only one position = false mode.
• Print log: Print logs during back-test
• Slippage, in points: Slippage
• Magic number: The ID of the EA, choose any number from 8-10 digits.

Good luck and Happy trading.