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Prompt communicator and clever. Will use again
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Great communication. Always good to see in a client.
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Hi All,
Thanks for offering your help on my request.
I've just recently moved to MT4 from TradingView and find the platform quite challenging to use so apologies if I have missed any basics.
Hopefully my request has already been done before so it wont take you too long!
Seeking auto trader that:
- Is to be used predominantly on 4h chart but can be amended if wanted
- Long positions will be opened at the point where the 5EMA crosses above the 8EMA
-Positions will open upon cross of the EMAs and does not wait for formed bars
-Long position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, downward. The turn of the 8EMA also does not wait for formed bar.
- Short position will be opened per the above but obviously when the 8EMA crosses above the 5EMA. Again, this does not need to wait for bars to form.
- Short position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, upward. The turn of the 8EMA also does not wait for formed bar.
- Stop loss set at 2x value of trade value. Eg. If trade margon is $500, stop loss to be triggered once losses hit $1000. This can be amended by trader if wanted
- Position size is determined by an external variable
- Need the above to be able to back tested?
As I'm new, clear instruction will also need to be provided on how to load and use the EA.
Thanks!
Thanks for offering your help on my request.
I've just recently moved to MT4 from TradingView and find the platform quite challenging to use so apologies if I have missed any basics.
Hopefully my request has already been done before so it wont take you too long!
Seeking auto trader that:
- Is to be used predominantly on 4h chart but can be amended if wanted
- Long positions will be opened at the point where the 5EMA crosses above the 8EMA
-Positions will open upon cross of the EMAs and does not wait for formed bars
-Long position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, downward. The turn of the 8EMA also does not wait for formed bar.
- Short position will be opened per the above but obviously when the 8EMA crosses above the 5EMA. Again, this does not need to wait for bars to form.
- Short position to close when the first of either the stop loss is hit (explained later) or the slower 8EMA turns in the non-favouring direction, upward. The turn of the 8EMA also does not wait for formed bar.
- Stop loss set at 2x value of trade value. Eg. If trade margon is $500, stop loss to be triggered once losses hit $1000. This can be amended by trader if wanted
- Position size is determined by an external variable
- Need the above to be able to back tested?
As I'm new, clear instruction will also need to be provided on how to load and use the EA.
Thanks!
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