I posted this in the "I will code your EA for free" thread.
Please consider coding the following EA.
Timeframe: Hourly; Pair: Any
Indicators used: 100 EMA, 400 EMA, MACD(100,400, signal line not used)
Code should have an external variable that the end user can use to modify lot size (from 0.1 standard lot to 5 standard lots).
IMPORTANT NOTE:
In all trades, the position size shall be reduced to half if 100 pips of profit is reached. For example, if I am LONG with a position size of 1 standard lot, after 100 pips of profit the EA should initiate a SHORT position of 0.5 standard lot, making my net position LONG 0.5 standard lot.
RULES:
To initiate a LONG position:
Price must close above both the 100 EMA and 400 EMA AND slope of MACD must be positive.
To exit a LONG position:
MACD slope must turn negative OR price must close below both the 100 EMA and 400 EMA.
To initiate a SHORT position:
Price must close below the 100 EMA and 400 EMA AND slope of MACD must be negative.
To exit a SHORT position:
MACD slope must turn positive OR price must close above both the 100 EMA and 400 EMA.
Thank you for your consideration.
Please consider coding the following EA.
Timeframe: Hourly; Pair: Any
Indicators used: 100 EMA, 400 EMA, MACD(100,400, signal line not used)
Code should have an external variable that the end user can use to modify lot size (from 0.1 standard lot to 5 standard lots).
IMPORTANT NOTE:
In all trades, the position size shall be reduced to half if 100 pips of profit is reached. For example, if I am LONG with a position size of 1 standard lot, after 100 pips of profit the EA should initiate a SHORT position of 0.5 standard lot, making my net position LONG 0.5 standard lot.
RULES:
To initiate a LONG position:
Price must close above both the 100 EMA and 400 EMA AND slope of MACD must be positive.
To exit a LONG position:
MACD slope must turn negative OR price must close below both the 100 EMA and 400 EMA.
To initiate a SHORT position:
Price must close below the 100 EMA and 400 EMA AND slope of MACD must be negative.
To exit a SHORT position:
MACD slope must turn positive OR price must close above both the 100 EMA and 400 EMA.
Thank you for your consideration.