EMA Cross with several Take profits and breakEven

Created at 29 Apr 2024
BE

bestsol2283

Joined 06.04.2024

Status

Closed


Budget

50.00 EUR


Payment Method

Direct Payment

Job Description

Hello,

I'm currently a beginner trader and learning to code. However, I find it challenging to develop trading strategies on my own. i've never request to make a Script, so i can't guess how much I should pay for this service. If my strategy is completed after reading this post, please let me know. but i can't pay so much money for this Test cBot as student. but if your Suggest is not that different with my willing, then the price can be flexible. Lastly, I would like to make payments through PayPal

Entry Conditions:

Entry occurs when there is a Golden Cross or a Dead Cross between EMA(1) and EMA(2).

Number of Entries and Maximum Positions to Hold:

Four positions are entered each time. The total number of positions that can be held is four. The entry lots are all the same. (Exception #1: If there is only one buy position remaining, and a sell entry is made, only three positions are entered.)

Profit Taking and Stop Loss:

Each of the four positions has different profit-taking values (e.g., 0 pips, 20 pips, 40 pips, 60 pips). However, the stop loss is the same.

(In case of sudden slippage resulting in different entry prices, the stop loss remains the same as the initial entry. For example, if the entry price is 1000 and the stop loss is 100 pips, and the profit-taking is 400 pips, but other positions entered simultaneously are at 1005 due to slippage, then the stop loss becomes 105 pips, and the profit-taking becomes 395 pips.)

Exception #1:

The last remaining position is not subject to switching. It is only liquidated at the entry price and remains unaffected by sell signals. *(If there are 2 or 3 positions remaining, they are subject to switching.)

Switching:

All positions are liquidated when the opposite signal occurs, and positions are entered according to the signal.

in this case, it should be entered. like sell entery → sell closed and buy entry

Liquidation at Entry Price:

When the first position takes profit, the stop loss for the remaining 2nd, 3rd, and 4th positions is changed to the entry price. (BreakEven)

 

Comments
herculesone88's avatar
herculesone88 · 6 months ago
I will be happy to help with this, and also help you with understanding the coding part to be able to to code yourself later. If you are interested, reach out on Telegram here: @HerculesOne88 Or email: herculesone88@gmail.com
JosephTradingbot's avatar
JosephTradingbot · 6 months ago
Hi, I can help you to develop your test trading bot, please contact me to proceed. Email: joseph.tradingbot@gmail.com Telegram: @iamjosepe