MA TIMED CROSS - MT4 Expert Advisor

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MT4 Expert Advisor: MA Timed Cross

Symbol: BCT/USD

         Timeframe: User setting

         Candlesticks

         Indicators:

  Moving Average 1: SLOW

User settings for Period

User settings for Shift

User settings for Apply to

User settings for Color

Moving Average 2: MEDIUM

User settings for Period

User settings for Shift

User settings for Apply to

User settings for Color

Moving Average 3: FAST

User settings for Period

User settings for Shift

User settings for MA Method

User settings for Apply to

User settings for Color

Trade Signals:

      Buy Signal:

   MA3 crosses above MA1

Timeclock begins

  MA2 crossed above MA1

Timeclock ends

 User setting defines time-period between Timeclock begins and Timeclock ends.

 IF MA2 crosses MA1 within the user set time-period (POSITIVE), THEN open (1) market BUY order.

 IF MA2 crosses MA1 after the time-period expires (NEGATIVE), THEN wait for next positive BUY/SELL signal.

     Sell Signal:

MA3 crosses below MA1

Timeclock begins

MA2 crosses below MA1

Timeclock ends

User setting defines time-period between Timeclock begins and Timeclock ends.

IF MA2 crosses MA1 within the user set time-period (POSITIVE), THEN open (1) market Sell order.

IF MA2 crosses MA1 after the time-period expires (NEGATIVE), THEN wait for next positive SELL/BUY signal.

Open/Close Order Conditions:

·        When EA starts, first positive Buy or Sell signal triggers first open order direction.

         Close current open order when positive signal for opposite order direction is triggered.

         Close and Open market orders in opposite BUY/SELL sequence when positive BUY/SELL signals are triggered.

         Once each new BUY/SELL order is opened, ignore all same direction positive order signals until next opposite direction positive order signal is received.

         Each new open order must be opposite direction of last open order.

Example: BUY/SELL/BUY/SELL….; OR SELL/BUY/SELL/BUY….

MA Time Cross EA will have continuous open orders in the market until EA is closed automatically or manually based on user settings.

        Upon EA closing signal, close open orders.

Stop Loss Conditions:

         Users settings for Stop Loss value

         IF active Stop Loss is triggered, close open order and place new opposite direction market order.

         Continue close/open order sequence depending on future Stop loss or Positive order signals.

Money Management:

        Common money management user settings.

        Fixed lot/point size or scaling lot/point size based on user defined risk percentages of trade account present value.



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