When the lightblue line cross the purple line downward, it then opens a sell trade on the next bar (at x amount of pips pass the purple line). When the lightblue line cross the purple line upward, it then opens a buy trade on the next bar (at x amount of pips pass the purple line).
True/False Option: when the lightblue line cross back over the purple then it closes.
Should have the option of doing this on the different timeframes (1M,5M,15M,1H,4H)
TradeMagic
BrokerMode
TakeProfit
StopLoss
TrailStop
TrailStep
StartHour = 0;
EndHour = 24;
UseFridayCloseTime=true
FridayCloseHour = 15;
FridayCloseMinute = 0;
MoneyManagement
MicroLots = True/False
Percent Risk
Lots
Slippage
I am looking for a very simple EA. I want the EA to send an alert based on a double EA crossover. The logic is:
Hi, I need ema crossover EA
The EMA Crossover EA trades long and short based upon 2 EMAs crossing over each other. When the fast EMA moves above the slow EMA the strategy buys. When the fast EMA moves below the slow EMA it sells. Existing position should be closed in case of reversal signal.
Exit logic :
1 Offload half position in ? amount off pips /depends how many pips is stop loss/ (close to 1:1 risk/reward)
2 Offload 1/25 position in ? amount off pips /depends how many pips is stop loss/(close to 2:1 risk/reward)
3 Left 1/25 of position is Trailing stop
It has to have an option to switch off the exit logic, so I can operate with stop loss and take profit manually.
I also need stop loss, brake even stop loss, trailing stop, available.
Thanks.
Anton
