Greetings…
I am looking for an EA which will trade as
per the indicators
Non repainting super trend – The Indicator
should automatically run on Daily Chart (D1) and when the signals show up, it
should trade on smaller charts (M5-M15-M30-H1). Basically, if there is a downtrend
on (D1), Trade must be initiated as SELL on Smaller TF. If there is an Uptrend,
trade must be initiated as BUY on Smaller TF. Trade must be initiated after MACD
confirms
Moving Average – 60 and 90 are the values.
Once they crossover and other signals imply the same. Trade must be initiated
after MACD confirms the signal.
FX Divergence – Once the lines crossover
and other signals imply the same. Trade must be initiated after MACD confirms
MACD
· -
Buy when 5EMA crossess over
8EMA from bottom up
·
-Sell when 5EMA crosses over
8EMA from top bottom
·
-Risk: Reward 1:2 =
15pips:30pips
· -
Trailing stop: 10pips
· -
Exit by opposite signal
5EMA(closed) & 8EMA (closed)
20/55EMA (Open)
200EMA
Pivot
Bollinger bands & ADX
Auto Fibs
HPO&MACD 21,55,8
*5/8 EMA
-used to initiate trade i.e to sell or buy
-used to measure price action
*20/55 EMA
-used to measure market/speed action
-used to measure short-term trend
*200 EMA/Pivot
-used to measure long term trend
-used to know intra-day levels (support and
resistance) to know the direction of the price
*Bollinger bands/ADX
-used to know when the market is trending
-used to know when the market is ranging –
No trades when it is ranging.
The Three main indicators will show signals
and when MACD shows the same signals…the trade must be initiated. BUY/SELL.
Exit when they find an opposite signal. Money Management should be at best.
Trailing stop at 10 pips.
Additionally, trading with multiple pairs –
Currency Correlation. I need to open the same or the opposite trade on another
pair. The EA works on the chart where is it attached, example EURUSD, then I
can decide to place the same or the opposite trade on another pair previously
specified. I need a field where I can get a dropdown menu where I can decide if should
be open the same or the opposite trade.
Position management will be done with the
use of a custom zigzag as well as Fibonacci tool – This should be a clean code
following the proper rule. The orders must range from 0.01 – 1.00 according to
the balance on the account.
It should be able trade on 4 and 5 digit
brokers. Any additional parameters and advice is much appreciated. No time wasters and i need a clean code which can be back tested. The EA and its code in English.
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Rules