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Rules
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Specification
Strategy for my EA Robot: In this strategy we use only two indicators
1: Super Trend indicator
We use super trend indicator for trading directions, signal buy or sell, to set Stop Loss and close the current position when signal changed.
When the super trend signal buy: EA open a buy position
When the super trend signal sell: EA open a sell position
When the super trend signal changed EA must close the current position and open new position if the ADX indicator confirm it
When the current position closed by touching TP the EA open new position if ADX confirm it.
The super trend indicator line is used as trailing stop loss too
In This strategy there must be some points distance between the super trend indicator line and stop loss……...
The EA must have an option to set the custom distance points from super trend stop loss and calculate automatically the stop loss and set for all selected symbols the same, EA must calculate the stop loss like this:
Super trend Stop loss + customizable distance points = Trailing Stop loss of the position
2: ADX (Average Directional Movement index)
Only ADX line is used for confirmation of the positions the (Di+ and Di-) of ADX have no roll in this strategy
The ADX level in EA setting must be customizable
When the ADX line is above the custom level of a selected symbol EA have the permission to open position
When the ADX line is lower than custom ADX level the EA has no permission to open position on that selected symbol
Symbol: Current symbol
Time frame: customizable / there must be an option to select the time frame and use for all trades on all symbols
Take Profit: customizable points
Stop Loss: Must be Trailing stop and The stop loss must be set automatically by EA (The super trend line SL + customizable point distance SL = Trailing stop of the position) same for all symbols.
Risk Managements: Custom lot size
ROLL OF Open Buy Position:
Super trend signal: Buy
ADX line above level 25 or custom level number
TP: custom TP points in EA setting
SL: Trailing stop loss based (super trend line stop loss + custom point distance from super trend stop loss = stop loss of the position
Exit buy position: When super trend signal changed to sell or stop loss touches
Roll of Open Sell Position:
When super trend signal: Sell
ADX line is above the level 25 or custom level
Stop loss: Trailing Stop loss based (super trend line stop loss + custom point distance from super trend line = Trailing stop loss of the position) same calculation for all selected symbols
TP: custom TP points in EA settings
Close sell position: When the super trend signal changed to buy or stop loss touches
When The ADX indicator line is lower than custom level The EA must not open any position on the selected symbol.
My EA Robot settings:
1. Customize the super Trend ATR period
2. Customize the super trend ATR multiplier
3. Customize the ADX period
4. Customize the ADX level
5. Customize the Time frame
6. Customize the Trailing stop distance points from super trend line(important)
7. Customize the Take Profit points
8. the robot can trade at least 10 symbols.
9. Risk Management
10. Trade Value
11. Trading sessions
12. The robot must not have any open position on weekends
I want the
· (EA name: Super trend ADX EA)
· File setup for MT5
· Source code
· Alert, email or phone notifications
