EA with 2 Indicators

Job finished

Execution time 5 days
Feedback from customer
Sergey is an excellent developer who did a great job, very good communication, stays alwayes tuned. I will work with him again and would highly recommend him for your next project.
Feedback from employee
Mat is a very good and responsive customer. Thank you for the order. We will cooperate further.

Specification


Use of 2 Indicators MA and Envelopes with 4 settings:
1x MA 200 SMA; close price
1x MA 20 SMA; close price
1x Envelopes 20 simple; close price; 0,2 derivation
1x Envelopes 20 simple; close price; 0,4 derivation

Entry rules
1: Price must below 200 SMA (for a sell order)
2: Wait that the retracement touches the upper Envelope 0,20 derivation line (for sell order)
     The candle must close above the Envelope 20; simple; close; 0,20 derivation line (for sell order)

Risk settings
1: Enter 3 Positions - all with the same Stop Loss (SL) but different Take Profit (TP)

·         Position 1 TP:    Is set at the MA 20 SMA; close price line (for sell order)

·         Position 2 TP:    Is set on the lower Envelope 20; simple; close; 0,20 derivation line (for sell order)

·         Position 3 TP:    Is set on the lower Envelope 20; simple; close; 0,40 derivation line (for sell order)

Risk setting for position 1 is 4/7
Risk setting for position 2 is 2/7
Risk setting for position 3 is 1/7
of total risk.

2: Stop loss is for all positions the upper Envelope 20; simple; close; 0,40 derivation line (for sell Order)

If TP and SL is set - it is set. The TP and SL are not dynamic.

The EA should trade also the same position as described above vice versa for buy.

It should be possible to add in future (for a better performance) some more indicators easily


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Project information

Budget
50+ USD