New EA and signal pop up system Instruction

New EA and signal pop up system Instruction

The EA will work based on the daily pivot indicator

Order Rule

When the market open for the new day the EA should place buy and sell limit orders at both current resistance and support levels. With the user selected lot size.

But if the buy limit is triggered and the price move against the buy position, the EA should place 2^nd buy limit order at the daily R2 with increased lot size.

Increase lot size calculation

To increase the lot size the EA should calculate lot size as follows

The losing position amount divide by 10. E:g if the current losing amount is $30 then EA should divide $30/10 = 3 so the new order will open with 3 lot size.

Note pls that the division number is optional

Options

Tp

Adjustable tp: the TP can be adjustable or fixed (True or False).

Drawdown limit

Starting  lot size

Signal Based on Moving Average

The indicator should always pop up signal when price closed below or above moving average.

Sell Signal pop up

When Price closed below MA the signal will pop like this.

Date/time Alert: GBPUSD, M30: SELL @ 1.2703, TP 1.2673, SL 1.2718

Buy Signal pop up

When Price closed above MA the signal will pop like this.

Date/time Alert: GBPUSD, M30: Buy @ 1.2703, TP 1.2730, SL 1.2688

When the previous buy signal hit SL and but the candle still close above the MA the system should pop up a new buy signal at the close of the candle

When the previous sell signal hit SL and but the candle still close below the MA the system should pop up a new sell signal at the close of the candle

User Options

Set MA parameter optional

Tp and SL level optional

Signal starting and closing Time optional