Specification
FrontEnd
Input:
* License Key
* EMA Settings
* Trading Window
* Max Daily Equity Lose (%)
* spread # (stop limit distance from the signal candle entry)
* Body to Candle ratio for signal candle range > (%) //(ON/OFF)
* SL
* TP (Multiplier of SL)
* BE (Candle O/C from entry) // (ON/OFF)
BackEnd
Logic:
1) 2nd leg entries starts at the beginning of the trading window and only counts directionally with respect to where the candle is trending in terms of EMA - Above/Below
2) The 2nd leg counter resets with each LL swing (price trending below EMA) & HH Swing (price trending above EMA)
3) Entry Conditions must be met for the EA to execute the Stop limit with respect to spread #
Entry Conditions:
* The signal Candle is not far from the EMA ( distance based on SL value and from the nearest signal wick to EMA)
* The stop limit is at least 1:1 from the latest swing H or L that started the counter
* The Body of the signal candle is not < 15% (to avoid doji)
* The Body of the signal candle is not 80% + and touching the EMA
Responded
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