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Hello,
I need to automate a strategy:
His strategy is very simple, basically the EA must make the entries at the crossing of moving averages.
>Exponential Moving Average:
EMA 8 and EMA 34
> Entry strategy:
In graph H4 the EA should analyze the formation of the first candle above the two moving averages, it is not necessary to wait for the crossing of the moving averages in the chart of 4 hours (H4).
In the 30-minute chart (M30) the average of 8 periods should be above the average of 34 periods to buy, or the opposite to sell.
Example to buy:
In chart H4, as soon as the first candle starts to form above the two moving averages (8, 34) and if in the chart of M30 the average of 8 periods is above the average of 34 periods, the EA must go immediately to buy . See picture below:
The EA will close the order through the stop loss at the crossing of the averages in the opposite direction to the entry, in the graph M30.
Basic Settings:
- Take profit
- Trailing Stop
- Fixed Lot
- Dynamic Lot
- Magic number
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