AN EA BASED ON TREND

TREND SCALPER EA

Indicators:

1. Exponential moving average (PERIOD: 200, shift:0, MA method: Exponential, Apply to: close)

2. Exponential moving average (PERIOD: 3, shift:0, MA method: Exponential, Apply to: close)

3. T-Filter (Smoothe Period: 5 , Smoothe Phase: 0)

4.T-Filter (Smoothe Period: 30 , Smoothe Phase: 0)

S TRATEGY

Trade entry conditions:

1. Buy Order

Execute buy order:

(a) If the first T-Filter colour is green (Smoothe Period: 5 , Smoothe Phase: 0)

(b) If the second T-Filter colour is green (Smoothe Period: 30 , Smoothe Phase: 0)

( c ) If the lower moving average (PERIOD: 3 , shift:0, MA method: Exponential, Apply to: close) from below crosses above the higher moving average (PERIOD: 200, shift:0, MA method: Exponential, Apply to: close). The buy order must be executed when the crossove r occurs only .

( d ) Exit buy order if the lower moving average from above pulls back to touch the higher moving average (True/False) option should be provided .

2. Sell Order

Execute sell order:

(a) If the first T-Filter colour is red (Smoothe Period: 5 , Smoothe Phase: 0)

(b) If the second T-Filter colour is red (Smoothe Period: 30 , Smoothe Phase: 0)

( c)If the lower moving average (PERIOD: 3 , shift:0, MA method: Exponential, Apply to: close) from above crosses below the higher moving average (PERIOD: 200, shift:0, MA method: Exponential, Apply to: close). The sell order must be executed when the crossove r occurs only.

(d) Exit sell order if the lower moving average from below pulls back to touch the higher moving average (True/False) option should be provided .

TRADE MANAGEMENT CONDITIONS:

a. PROVIDE OPTION FOR INPUT FIXED LOT.

b. THE EA SHOULD USE SPECIFIED PERCENT OF ACCOUNT SIZE TO EXECUTE ANY TRADE (IT MUST BE INPUT BY THE USER).

c. ADD NORMAL TRAILING STOPLOSS ORDER (VALUE MUST BE INPUT BY USER).

d. It must contain break even (Value input by user).

e. IT MUST CONTAIN TAKE PROFIT AND STOPLOSS FUNCTIONS

f. IT MUST TRADE ALL TIME FRAMES AND ALL INSTRUMENTS.

g. THE EA MUST EXECUTE ONE TRADE AT  A TIME.

h. It must contain time filter (UK time)

i. Exit all positions by 6pm on every Friday (True/False), UK time.

Note:

1. The customer indicator, T-Filter indicator will be provided by me.

2. All indicator parameters should be adjustable.