I am starting to make a bot for forex, using moving averages. The strategy that I am applying right now is simple but practical.

The bot will be tested with currencies. And they will be:

• EURAUD
• EURUSD
• EURCAD
• EURGBP
• AUDUSD
• AUDNZD
• AUDJPY
• AUDCAD
• NZDUSD
• GBPJPY
• GPBUSD
• USDCHF
• USDJPY

MQL4 language for MT4.

Technique:

• Determine trend (up or down) in time of 4H
• If the price is close to 20 points of the Exponential Moving Average of 100 in timeframe of 1H
• If the trend is bullish, open a long position
• If the trend is bearish, open a short position

Entry

• Limit entry order at 45 points of the current price.

Exit

• Take Profit: calculated proportionally to the lot of the operation: LoteOrden * 30 / 0.05;
• Trailing Stop: Yes. It activates at 25% of the set TP. Distance: 5 points away from the last candle closed in Temporality of 5M.
• SL: No, not for now. I want to see the development of the bot to evaluate it with open orders.

Code to determine if an entry is made long or short

_{Functin EMA100_Cercano}

_{This is how I left the bot operating on its first night}

Tomorrow I will leave in the comments how the result of the bot is going.

I await your comments.

📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈📈

Resultado del bot en las últimas 24 horas
Martes 3/11/2020

It went down to - $ 46, because I didn't deactivate the SL, I thought I did but no I left it active.

In the afternoon I deactivated it and the bot recovered its balance and it goes for $ 56.

Orders open at - $ 21.

Martes 3/11/2020

I adjusted for the entry to be when the price is 20 points instead of 30 from the 100 SMA.

Tomorrow I will report again the next 24 hours.

I await your comments....