Crossover 9 EMA and 20 EMA ( exponential moving average ) ea for mt4
BUY ENTRY : precious 9 ema < previous 20 ema and current 9 ema > current 20 ema and Last close above 9 ema and ask above last high price then open BUY position.
BUY EXIT : Hit target or current 9 ema < current 20 ema
SELL ENTRY : precious 9 ema > previous 20 ema and current 9 ema < current 20 ema and Last close below 9 ema and bid below last low price then open SELL position.
SELL EXIT : Hit target or current 9 ema > current 20 ema
Default Setting:
MagicNumber=10001
Lots = 0.1
StopLoss=50
TakeProfit=50
TrailingStop=50
You can change setting as per your need.
Code start here :
//+------------------------------------------------------------------+
// USE THIS EA AT YOUR OWN RISK.
//
// Before adding this expert advisor to a chart, make sure there are NO
// open positions.
//+------------------------------------------------------------------+
extern int MagicNumber=10001;
extern double Lots =0.1;
extern double StopLoss=50;
extern double TakeProfit=50;
extern int TrailingStop=50;
extern int Slippage=3;
//+------------------------------------------------------------------+
// expert start function
//+------------------------------------------------------------------+
int start()
{
double MyPoint=Point;
if(Digits==3 || Digits==5) MyPoint=Point*10;
double TheStopLoss=0;
double TheTakeProfit=0;
if( TotalOrdersCount()==0 )
{
int result=0;
if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)>iMA(NULL,0,20,0,MODE_EMA,PRICE_CLOSE,0))&&(iMA(NULL,0,9,1,MODE_EMA,PRICE_CLOSE,0)<iMA(NULL,0,20,1,MODE_EMA,PRICE_CLOSE,0))&&(Close[1]>iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0))&&(High[1]<Ask)) // Here is your open buy rule
{
result=OrderSend(Symbol(),OP_BUY,Lots,Ask,Slippage,0,0,"EA Generator www.ForexEAdvisor.com",MagicNumber,0,Blue);
if(result>0)
{
TheStopLoss=0;
TheTakeProfit=0;
if(TakeProfit>0) TheTakeProfit=Ask+TakeProfit*MyPoint;
if(StopLoss>0) TheStopLoss=Ask-StopLoss*MyPoint;
OrderSelect(result,SELECT_BY_TICKET);
OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green);
}
return(0);
}
if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)<iMA(NULL,0,20,0,MODE_EMA,PRICE_CLOSE,0))&&(iMA(NULL,0,9,1,MODE_EMA,PRICE_CLOSE,1)>iMA(NULL,0,20,1,MODE_EMA,PRICE_CLOSE,0))&&(Close[1]<iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0))&&(Low[1]>Bid)) // Here is your open Sell rule
{
result=OrderSend(Symbol(),OP_SELL,Lots,Bid,Slippage,0,0,"EA Generator www.ForexEAdvisor.com",MagicNumber,0,Red);
if(result>0)
{
TheStopLoss=0;
TheTakeProfit=0;
if(TakeProfit>0) TheTakeProfit=Bid-TakeProfit*MyPoint;
if(StopLoss>0) TheStopLoss=Bid+StopLoss*MyPoint;
OrderSelect(result,SELECT_BY_TICKET);
OrderModify(OrderTicket(),OrderOpenPrice(),NormalizeDouble(TheStopLoss,Digits),NormalizeDouble(TheTakeProfit,Digits),0,Green);
}
return(0);
}
}
for(int cnt=0;cnt<OrdersTotal();cnt++)
{
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if(OrderType()<=OP_SELL &&
OrderSymbol()==Symbol() &&
OrderMagicNumber()==MagicNumber
)
{
if(OrderType()==OP_BUY)
{
if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)<iMA(NULL,0,20,0,MODE_EMA,PRICE_CLOSE,0))) //here is your close buy rule
{
OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Slippage,Red);
}
if(TrailingStop>0)
{
if(Bid-OrderOpenPrice()>MyPoint*TrailingStop)
{
if(OrderStopLoss()<Bid-MyPoint*TrailingStop)
{
OrderModify(OrderTicket(),OrderOpenPrice(),Bid-TrailingStop*MyPoint,OrderTakeProfit(),0,Green);
return(0);
}
}
}
}
else
{
if((iMA(NULL,0,9,0,MODE_EMA,PRICE_CLOSE,0)>iMA(NULL,0,20,0,MODE_EMA,PRICE_CLOSE,0))) // here is your close sell rule
{
OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Slippage,Red);
}
if(TrailingStop>0)
{
if((OrderOpenPrice()-Ask)>(MyPoint*TrailingStop))
{
if((OrderStopLoss()>(Ask+MyPoint*TrailingStop)) || (OrderStopLoss()==0))
{
OrderModify(OrderTicket(),OrderOpenPrice(),Ask+MyPoint*TrailingStop,OrderTakeProfit(),0,Red);
return(0);
}
}
}
}
}
}
return(0);
}
int TotalOrdersCount()
{
int result=0;
for(int i=0;i<OrdersTotal();i++)
{
OrderSelect(i,SELECT_BY_POS ,MODE_TRADES);
if (OrderMagicNumber()==MagicNumber) result++;
}
return (result);
}
