I am looking for EA that bounce upon candle touched the EMA
The EA was only meant to assist me trading. It doesn't run on it's own without monitoring
I go through the forum and I found few, however, I am not sure whether it is what I am looking for.
1. Lot Size (Risk Management)
Lot Size = Capital / 10000
Assuming capital is USD1000, the lot size will be 0.1
User are allowed to modify
2. Entry by EMA bounce
User set EMA.
User set uptrend or downtrend.
Assume it's EMA30 in this case.
Assume user set uptrend.
Uptrend, candle touched ema30 from top (doesn't have to wait for candle to close), EA buy.
Uptrend, candle touched ema30 from bottom, EA does nothing.
Downtrend, candle touched ema30 from top, EA does nothing.
Downtrend, candle touched ema30 from bottom, EA sell.
3. SL and TP
SL will be set at 50 pips by default.
User can modify SL.
TP will be left empty.
I appreciate if anyone who have good understanding about EA to assist me.
I also attached a chart to explain further.
p/s : How to delete a thread? :/
The EA was only meant to assist me trading. It doesn't run on it's own without monitoring
I go through the forum and I found few, however, I am not sure whether it is what I am looking for.
1. Lot Size (Risk Management)
Lot Size = Capital / 10000
Assuming capital is USD1000, the lot size will be 0.1
User are allowed to modify
2. Entry by EMA bounce
User set EMA.
User set uptrend or downtrend.
Assume it's EMA30 in this case.
Assume user set uptrend.
Uptrend, candle touched ema30 from top (doesn't have to wait for candle to close), EA buy.
Uptrend, candle touched ema30 from bottom, EA does nothing.
Downtrend, candle touched ema30 from top, EA does nothing.
Downtrend, candle touched ema30 from bottom, EA sell.
3. SL and TP
SL will be set at 50 pips by default.
User can modify SL.
TP will be left empty.
I appreciate if anyone who have good understanding about EA to assist me.
I also attached a chart to explain further.
p/s : How to delete a thread? :/
Attached File(s)
Price_Bounce_Off_MA_v.2f.mq4
17 KB
|
411 downloads
MA Bouncing Candle.mq4
15 KB
|
383 downloads
MA Touch.mq4
12 KB
|
359 downloads