An Expert Advisor in mql5 using two Simple Moving Averages

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I was impressed by the clear and comprehensive specification provided, great opportunity to work with him.

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Build an expert advisor (EA) that automatically trades all major and minor currency pairs (28), incorporating a fast Simple Moving Average (SMA) and a slow SMA for Meta Trader 5.

Here's the basic outline of the expert advisor:

For each of the 28 pairs (major and minor) open:

LONG

  •        When the Fast SMA is above the Slow SMA, if the candle crosses and closes above the Fast SMA, open a BUY stop position.

  •         If the candle crosses both the Fast & Slow SMA and closes above both Fast & Slow, open a BUY stop position.

  •         DO NOT BUY IF THERE IS ALREADY A LONG POSITION FOR THE PAIR.

SHORT

  •          When the Fast SMA is below the Slow SMA, if the candle crosses and closes below the Fast SMA, open a SELL stop position.

  •        If the candle crosses both the Fast & Slow SMA and closes below both Fast & Slow, open a SELL stop position .

  •       DO NOT SELL IF THERE IS ALREADY A SHORT POSITION FOR THE PAIR.

PARAMETERS:

  •          Time-frame parameter {1min - 1 week}

  •          Trading Hours

Example: 

1.       00:00 am – 2:00 am GMT

2.       8:00 am – 12:00 pm GMT

3.       14:00 pm – 16:00 pm GMT

  •  Stop Loss parameter

  •  Take profit parameter

  •  Trailing Stop Loss parameter

  •  Risk allocation for each Trade (%equity or fixed amount($))

  •  Fast and Slow SMA
















































































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