Hello dear,
I would like an EA for MT5 with below features.
Entry as per below:
Macd-signal line (ability to customize macd period) Cross on 5M, 15M & 1H (option of at least 3 time frame) & in the same direction (ability to change time frame of my choice -MTF Multi Time Frame )
Trade Entry Conditions:
BUY Condition- when macd line crosses signal line from below to above
AND / OR RSI > 40
AND / OR when after MACD/Signal line cross, Price touches on X period of MA / iMoku conversion line
then BUY
SELL Condition- when macd line crosses signal line from above to below
AND / OR RSI < 60
AND / OR when after MACD/Signal line cross, Price touches on X period of MA / iMoku conversion line
then SELL
Define SL (Stop Loss)
( High / Low of last X no. of candles + Y no. of pips )
AND/ OR X no. of PIPS from the Entry Price
AND / OR macd /signal line crosses in the opposite direction -ability to combine this with above or use it as an independent SL.
Define TP (Take Profit) –
For Buy:
After X number of pips/points from Entry Price
AND / OR if RSI => 82 (able to change this RSI value)
AND / OR macd-signal line touches or crosses in opposite direction
AND / OR Current / Certain time frame candle engulfs previous candle . or previous X number of candles.
For Sell:
After X number of pips/points from Entry Price
AND / OR RSI =<22 (able to change this RSI value)
AND / OR macd-signal line touches or crosses in opposite direction
And / OR Current / Certain time frame candle engulfs previous candle, or previous X number of candles.
Also able to take partial profits option- TP1 , TP2, & TP3
Define TSL- Trailing Stop loss:
After X number of pips move in profit direction, TSL moves Y number of PIPS
AND / OR based on certain percentage of ATR of X number of candles
Total Account Equity protector:
If Account hits certain amount of loss per day OR certain % of account balance then close all trades and stop taking new trades until next day
Total Drawdown:
All open trades close when total drawdawn hits certain amount or certain percentage of account
Any other risk management options that you may include:
Similar orders
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