Yas: Dear appreciated coders out there :), would love your help in creating an EA from this strategy: ... Hope it's understandable, thanks SO much for all you helpfull souls :))
That is not a request for help. That is a request for free coding. So, I suggest you place a job request at the Freelance section and consider your budget for the job.
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Dear appreciated coders out there :),
would love your help in creating an EA from this strategy:
Buy orders:
On the 1H and 30Min and 15Min and 5Min and 1Min Timeframes, these conditions should be met:
The 35 Weighted Moving Average is above the 35 Exponential Moving Average and
price is above the 35 Weighted Moving Average and
price is above VWAP
Then - on the 1Min timeframe look for:
The 1st or 2nd positive MACD Histogram Bar (that went from negative to positive) and
it is the 2nd or more consecutive green candlestick (so close>open)
Then - place a buy order 1 tick above the high of that candle + place a stop loss: 1 tick below signal candle
Take Profit 1: 100% of the signal candle (1:1)
Take Profit 2: 200% of the signal candle (1:2)
Take Profit 3: 300% of the signal candle - optional, mainly if leaving a runner (1:3)
* Other possible take profit levels and stoploss - fib levels from signal candle
Cancel pending orders:
If MACD histogram became negative before triggering buy order
or
Price went below the signal candle's low (without triggering the buy order that was above that candle..) - maybe an input that sets how many candle's after no trigger, pending orders should be cancelled.
Additional inputs:
Time filter (start + stop time of the EA)
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Sell orders (opposite..):
On the 1H and 30Min and 15Min and 5Min and 1Min Timeframes these conditions should be met:
The 35 Weighted Moving Average is below the 35 Exponential Moving Average and
price is below the 35 Weighted Moving Average
and price is below VWAP
Then - on the 1Min timeframe look for:
The 1st negative MACD Histogram Bar (that went from positive to negative) and
it is the 2nd or more consecutive red candlestick (so close<open)
Then - place a sell order 1 tick below the low of that candle + place a stop loss: 1 tick above signal candle
Take Profit 1: 100% of the signal candle (1:1)
Take Profit 2: 200% of the signal candle (1:2)
Take Profit 3: 300% of the signal candle - optional, mainly if leaving a runner (1:3)
Take Profit 2: 200% of the signal candle
* Other possible take profit levels and stoploss - fib levels
Cancel pending orders:
If MACD histogram became positive before triggering sell order
or
Price went above the signal candle's high (without triggering the sell order that was below that candle..) - maybe an input that sets how many candles after no trigger, pending orders should be cancelled.
+++ attached screenshot
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Hope it's understandable, thanks SO much for all you helpfull souls :))