Hi, I need ema crossover EA
The EMA Crossover EA trades long and short based upon 2 EMAs crossing over each other. When the fast EMA moves above the slow EMA the strategy buys. When the fast EMA moves below the slow EMA it sells. Existing position should be closed in case of reversal signal.
Exit logic :
1 Offload half position in ? amount off pips /depends how many pips is stop loss/ (close to 1:1 risk/reward)
2 Offload 1/25 position in ? amount off pips /depends how many pips is stop loss/(close to 2:1 risk/reward)
3 Left 1/25 of position is Trailing stop
It has to have an option to switch off the exit logic, so I can operate with stop loss and take profit manually.
I also need stop loss, brake even stop loss, trailing stop, available.