Crash EA
I require EA that does automate sell orders based on the below. It should trade on Crash500 and Crash1000 Index on MT5.
Input variables:
1. LS - Lot size
2. RSI Period (i.e. 15), Apply to: Close
3. Trade Enter on RSI (i.e. 90, 92)
4. TS1 (Trailing Stop) If more than 1 trade open and combined trades in profit - SL after amount of candles upwards (i.e. 0, 1, 2.... on 1M)
5. TS2 (Trailing Stop 2) for 1 highest open trade after initial TP activated if combined trades were in profit - SL after amount of candles upwards (i.e. 0, 1, 2.... on 1M)
Method:
1. When Trade Enter RSI reached, open 1 trade with LS
2. When Trade Enter RSI increase with 3% (i.e. if 90, next 93 etc.), open 2 additional trades with LS each.
3. When previous trade entry RSI increase with another 3% (i.e. if 93, next 96 etc.), open 4 additional trades with LS each.
4. When previous trade entry RSI increase with another 3% (i.e. if 96, next 99 etc.), open 8 additional trades with LS each.
Activate TP:
1. On first change in price downwards
Conditions:
1. If TP activated on 1 open trade (refer Method Nr. 1):
- If in profit, then close trade immediately
- If in loss, then close trade immediately
2. If TP activated on 3 open trades (refer Method Nr. 2):
- If combined trades in profit, then TS1, TS1 to follow on every drop onwards.
- If combined trades in loss, then close all trades immediately.
3. If TP activated on 7 open trades (refer Method Nr. 3):
- If combined trades in profit, then TS1, TS1 to follow on every drop onwards.
- If combined trades in loss, then close all trades immediately.
4. If TP activated on 15 open trades (refer Method Nr. 4):
- If combined trades in profit, then close all trades with TS1, except 1x highest entry trade to remain open to activate TS2, TS2 to follow on every drop onwards.
- If combined trades in loss, then close all trades immediately, except 1x highest entry trade to remain open to activate TS2, TS2 to follow on every drop onwards.
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