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abu dhabi
Posts: 1 since Nov 2019
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Thanks Received: 0
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Hi,
Any one can crate EA for MT4 and MT5 as below parameters
Logic
Opening (Entry Signal)
Open a new long position or add to an existing position or reduce a short position at Lower Band of Keltner Channel* (Exponential, Close, 74, 37, 3) when all the following logic conditions are satisfied:
Moving Average* (Exponential, Weighted, 186, 1) falls; and
the bar opens below the Moving Average (Smoothed, Open, 19, 194) after opening above it; and
the bar opens below the Moving Average (Simple, Open, 23, 2).
Open a new short position or add to an existing position or reduce a long position at Upper Band of Keltner Channel* (Exponential, Close, 74, 37, 3) when all the following logic conditions are satisfied:
Moving Average* (Exponential, Weighted, 186, 1) rises; and
the bar opens above the Moving Average (Smoothed, Open, 19, 194) after opening below it; and
the bar opens above the Moving Average (Simple, Open, 23, 2).
Closing (Exit Signal)
Close an existing long position at Upper Band of Keltner Channel* (Weighted, Close, 68, 49, 9).
Close an existing short position at Lower Band of Keltner Channel* (Weighted, Close, 68, 49, 9).
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:
Add to the position no matter if it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:
Reduce the present position. If its amount is lower than or equal to the specified reducing lots, close it.
Thanks
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