Expert Advisor from OsMA,macd

MQL4 Experts

Job finished

Execution time 1 day

Specification

INDICATORS NEEDED:

OSMA
MACD
VOLUME

- Adjustable LOT size option on EA

- All the Input value on the indicators(setting on indicators) should be available for changes on the EA.

- Volume "input value" should be Adjustable on the EA ---

- Adjustable input value in 'pips' to check each of the 3 candles is not more than: 'example 20pips'. 'IF its, then it means no trade'(i should be able to set any value to check the each of the 3 candles pips on the EA)
 (to get the amount of the pips in the 3 candles formation, 'the OPENING PRICE of the candle should be substracted from the CLOSED PRICE 'on the candles) - That will determine the pips on each candles set up.



[(OsMA indicator BUY or SELL histogram at 00:00gmt will determine the trade trend for the whole day trading- till the next 00:00gmt)]


FOR SELL POSITION:
At 00:00GMT chart time- If OsMA histogram is in sell (for sell position) which means Input "value1 " is ( - Minus example -0.00001 could be any value but with '-' ]
It means the day trading would be in sell all through.

 TO enter any sell position for  the day trading after OsMA 00:00gmt has confirmed the sell,

The first candle need to close at  buy which means price close higher than the opening price. or candle  price closed at same price it opened (e.g : open price: 0.12121, close price:0.12122+ ... OR 0.12121).

THEN SECOND CANDLE SHLD BE CHECKED:

The second candle PRICE need to close below its opening price, Which means sell or equal to the opening price(e.g -open price: 0.12121, close price: 0.12119 OR 0.12121 , with 'low price' @ 0.12116).

The third candle has to close below the opening price or close at same opening price, but not above its own opening price. Then the "low"price should be lower than the second candle "low price" or equal to the second candle 'low price'.
[E.g -open price: 0.12121, close price: 0.12118 OR 0.12121. (second candle 'low price' :0.12116('low price' of third candle should be either lower than second candle or same: 0.12114 or 012116) ].

VOLUME INDICATOR- After the check of the 3 candles, the VOLUME INDICATOR 'VALUE' should be checked too, if the input in the 'VALUE' section on the EA meets all the 3 candle formation, E.G( if the VALUE set is '10' and the 3 candles each have 10 or more 'value', then the MACD and OsMA should be checked also in other to determine if a position will be opened


So entry of positions will also be with MACD (see attached chart sample ) - If  3 MACD histogram shows sell(down) Which means ,first ,second and third histogram,OR first histogram is buy, second one is sell and third is sell ...[@ same time with first candle price close in buy or equal to the opening price, second candle close below the opening price to show sell, and third candle close below its opening price or equal to its opening price and the 'low price is below or equal to the second candle 'low price" ] then a position should be opened immediately the 4th candle form/opens, which means position should open along with the 4th candle.
  OR
if its the OsMA 3 histogram that shows sell OR first histogram is buy, second one is sell and third is sell, along with the 3 candles prices meeting requirements, then a sell position should be opened on the 'opening price' of the 4th candle, immediately the candle open. But if both macd and osma histogram meet the sell condition at same time, only one should open the position. {please check chart image for better understanding}.


------------------

FOR BUY POSITION:

[(OsMA indicator BUY histogram at 00:00gmt will determine the trade trend for the whole day trading)] (  example 0.00000 /1.20303 could be any value ]
It means the whole day trading would be in buy all through.

 TO enter any buy position for  the next trading,

The first candle need to close at  SELL which means price closed lower to the opening price. or candle  price closed at same price it opened (e.g : open price: 0.12121, close price:0.12118- ... OR 0.12121).


THEN SECOND CANDLE SHLD BE CHECKED:
The second candle PRICE need to close above its opening price, Which means buy or equal to the opening price(e.g -open price: 0.12121, close price: 0.12125+ OR 0.12121 , with 'HIGH price'@ 0.12126).


The third candle has to close above ITS own opening price or close at same opening price, but not below its own opening price, then the "HIGH"price should be HIGHER than the second candle "HIGH price" or equal to the second candle 'high price'.
[E.g -open price of third candle: 0.12125, close price: 0.12127 OR 0.12125. Then the (second candle 'high price' :0.12126. ('high price' of third candle 'high price' should be either higher than second candle or same: 0.12128 or 012126) ].

VOLUME INDICATOR- After the check of the 3 candles, the VOLUME INDICATOR 'VALUE' should be checked too, if the input in the 'VALUE' section on the EA meets all the 3 candle formation, E.G( if the VALUE set is '10' and the 3 candles each have 10 or more 'value', then the MACD and OsMA should be checked also in other to determine if a position will be opened

so entry of positions will also be with MACD (see attached chart sample ) - If  MACD histogram shows BUY Which means ,first ,second and third histogram OR first histogram is SELL second one is BUY and third is BUY,...[@ same time with first candle price close in sell or equal to the opening price, second candle close above the opening price or equal to-to show buy, and third candle close above its opening price or equal to its opening price and the 'high price is above or equal to the second candle 'buy price" ] then a position should be opened immediately the 4th candle form, which means position should open along with the 4th candle.

Or if its the OsMA 3 histogram that shows buy(up) OR first histogram is SELL second one is BUY and third is BUY, along with the 3 candles prices meeting requirements, then a BUY position should be opened  immediately the 4th candle form, which means position should open along with the 4th candle,
But if both macd and osma histogram meet the buy condition at same time, only one should open the position. {please check chart image for better understanding}

TRAILING STOP,STOP LOSE AND TAKE PROFIT,
STop lose-STOP LOSE :
STop lose- once a postion is taken, between the 3 candles (check the chart), any one with the highest high for [ A SELL position]....Lower low  for A BUY positions. :THE stop lost should be at the opening price of that candle.


Trailing Stop- once the pips move +4pips, 0pips(the entry of the order) should be locked..



once its 10pips(0 or 1pips) should be locked.

once its 12pips, 5pips shld be locked,

once its 15pips- 7pips should be locked.

once its 18pips- 8pips should be locked.

once its 20pips- 10pips should be locked.

once its 21pips- 11pips should be locked.

once its 25pips- 14pips should be locked.

once its 26pips- 15pips should be locked.

once its 27pips- 16pips should be locked.

once its 28pips- 17pips should be locked.

once its 30pips- 20pips should be locked.

once its 31pips- 21pips should be locked.

once its 35pips- 22pips should be locked.

once its 36pips- 23pips should be locked.

once its 38pips- 24pips should be locked.

once its 40pips- 30pips should be locked.

once its 41pips- 31pips should be locked.

once its 45pips- 32pips should be locked.

once its 46pips- 33pips should be locked.

once its 48pips- 34pips should be locked.

once its 50pips- 40pips should be locked.

So the Locked pips should follow that system continuously, unless  the market is market touches the trailing stop, and new position is taken to start allover again.


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