Exp MA ea request - very simple

I would like an ea that would do the following

when ea is turned on if price is above user defined ema then go long
if price is below ema then go short

that is all.

I want it to open 1 trade at a time and the lot size will be calcuated by a risk percentage based on input of sl

so the inputs would be:

magic number (So ea could be placed on several pairs)
ema
tp
sl
use trail stop set true/false
trail stop
risk %

as soon as either tp or sl is reached another market order is immediately opened based on above criteria.

example: price above ema when ea is turned on. market order buy is opened, tp is hit and price still above ema. market order buy is opened, sl is hit but price still above ema so market or buy is opened, sl is hit but price is now below ema so market order sell is opened and so on and so forth

so the ea would be in a trade at all times but only 1 trade at a time per pair

should be pretty easy for you programmers huh???

thanks a ton guys

great for trending market..soon as it ranges, ur toast.

check out the universal-ma-cross-ea, just google it

will probably do what you want

Yea I know. Will have to b good at turning on and off. Not really wanting ma cross but will take a look at it. Thanks for the suggestion

a moving average of period 1 is basically the same a price, since it isn't a scalping method anyways

Yea I thought about that. Just haven't been home to try itoutyet. Thanks

universal ea not taking trades as i described.

can someone code this up for me as described in post 1??

Thats interesting, in a more recent post Pharoh wanted the same thing. I allready coded the basic EA but it does not have MM or TS yet. Projects for another day I suppose.

see http://www.forexfactory.com/showthread.php?t=201082

I have altered one of Nanninbob' EA (martingale type) for EMA crossover. See if it suits your purpose.
Keep MaxTrades at 1 to avoid multiple entries.
EMA period and TF can be set externally. I have also provided a buffer setting for so that trade takes place only when moves beyond MA by certain pips.
However, MM aspect of this EA is not yet tested. It should work anyway..

Thanks a ton. I'm a follower of bobs. Mainly the 4 hr manuall system but am familiar with his eas. Can't even look at it now as I am away from computer. But looking forward to seeing your mods. Thanks a lot for taking the time to do this. Will let everyone know If I find anything of value

again I really appreciate it. Now I can test a little theroy I have. Been doing good in forward test. Want to know how it will backtest and almost impossible to do manually on several pairs

yea I saw the other thread. Was waiting for more response from it since I wasn't getting anything from mine until now.

Thanks

Hi,

I am also trying out various MA crosses with this type of EA.
MY suggestion is that you better try 5EMA (crossing say 21SMA on H1 or H4) instead of price crossing Ma as trigger to avoid false entries.
Please keep me informed of your findings.