Regards everyone
I have a simple strategy but do not know MQL and unable to make an EA. It is requaested that anyone who knows may help in preparing the same EA.
The strategy is very simple and parameters are as
MACD 18,39,14 (signal line have no role to play in strategy)
When MACD crosses zero line upward buy and and when downward sell on open of new daily candle, however following money management rules may please be intergrated in the EA
For daily charts
SL=250 and on every signal buy or sell 6 lots with following ratio
3 lots SL=250 and TP=280
1 Lot SL=250 and TP=500
1 Lot SL=250 and TP=750
1 Lot SL=250 and TP=1000
at any time if reverse cross occures all open positions of that particular pair must be closed whereever they are before opening new ones. So it should be a SAR system in practice
The ratio of SL and TP can be adjusted for lower TFs with same ration but with same money management rules.
EA should help in live trading on Daily charts without any intervention on any currency pair.
Thanks in anticipation and sorry for troubling as i need it and all others can also benefit.
I have a simple strategy but do not know MQL and unable to make an EA. It is requaested that anyone who knows may help in preparing the same EA.
The strategy is very simple and parameters are as
MACD 18,39,14 (signal line have no role to play in strategy)
When MACD crosses zero line upward buy and and when downward sell on open of new daily candle, however following money management rules may please be intergrated in the EA
For daily charts
SL=250 and on every signal buy or sell 6 lots with following ratio
3 lots SL=250 and TP=280
1 Lot SL=250 and TP=500
1 Lot SL=250 and TP=750
1 Lot SL=250 and TP=1000
at any time if reverse cross occures all open positions of that particular pair must be closed whereever they are before opening new ones. So it should be a SAR system in practice
The ratio of SL and TP can be adjusted for lower TFs with same ration but with same money management rules.
EA should help in live trading on Daily charts without any intervention on any currency pair.
Thanks in anticipation and sorry for troubling as i need it and all others can also benefit.