Simple EA for MT4 -- based on SMA

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Şartname

Hi programmers,

I'm new here, hope we can benefit from each other.

Here is the plan: (image just added to clarify)

EA - Based on SMA slope ==> BUY/SELL/CLOSE criteria

1) Active on all 35 majors Forex pairs

or

Selected pairs


2) Criteria to Buy/Close a Buy

- SMA5 on M5 got a slope over "X" value

- Spread must be bellow "Y" value

- Lot size at "Z"% of the balance

- SL at -10 pips from EP

- Set TP to "V" pips over EP

- If no open trade on this pair


3) - Set trailme SL to "W" pips


4) - Close when SMA5 goes flat on M15 timeframe


Criteria to Sell/Close a Sell (exact same opposite as Buy)

- SMA5 on M5 got a slope under X value

- Spread must be bellow Y value

- Lot size at Z% of the balance

- SL at +10 pips from EP

- If no open trade on this pair

- Set TP to V pips under EP


- Set trailme SL to W pips

- Close when SMA5 goes flat on M15 timeframe


---------------- Don't know what else to say ----------------

I need the source code for this EA with comments in order to understand.

Let say I would like to change M5 to M30  and M15 to H1, I should be able to do it myself.


Next steps (version 1.2) will be about fine tuning:

- lot size

- initial SL

- Trailme SL

For each and every pair individually.


Best regards,


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