Hi guys
I searched the forum for a very specific stop loss EA but can't seem to find anything. What I need is the following...
Exit trade if:
Price (or sma period 1, shift 0, close) moves above EMA (period 5, shift 3, close) when going short, and the reverse when going long.
The EA should apply this exit condition to all open trades and the moving averages should be based on the 1hr charts.
Most EAs I found include a mandatory entry condition...or simply don't include the "shift" element.
If anyone knows of an EA like this...pleeeeeease let me know
Thanks a TON for any help in advance...
I searched the forum for a very specific stop loss EA but can't seem to find anything. What I need is the following...
Exit trade if:
Price (or sma period 1, shift 0, close) moves above EMA (period 5, shift 3, close) when going short, and the reverse when going long.
The EA should apply this exit condition to all open trades and the moving averages should be based on the 1hr charts.
Most EAs I found include a mandatory entry condition...or simply don't include the "shift" element.
If anyone knows of an EA like this...pleeeeeease let me know
Thanks a TON for any help in advance...