Specification
EA for MT4
SUMMARY:
The robot uses a Moving Average (MA) with 6 Levels (3 Levels above the MA and 3 Levels below the MA). It does not use other indicators. The robot will make transactions only when the price reaches these Levels, under certain conditions. No trades are made when the price reaches the MA.
MA period and distance for Levels are adjustable!
It is a semi-adjustable robot with many variables, which will be adjusted in real time along with the evolution of the market.
Each Level has an attached Space that extends both below the Level and above the Level (which can also be determined with levels of MA). For example, the lower limit of the Space extends below the Level (-200) adjustable points, and the upper limit of the Space extends above the Level (+300) adjustable points.
The robot makes transactions or does not make transactions, if 3 similar conditions are met: it must reach the Level, 3 candles (adjustable) from the last 6 candles (adjustable).
There is no need to see the MA with the Levels on the screen, because I can apply them from Meta Trader.
In the near future I will come back several times with additions depending on testing on the real market, and then I will need both versions (for MT4 and MT5).
The robot will have: adjustable lot, adjustable TP and SL, adjustable trailing stop, news filter, time filter, adjustable spread and slippage, message on the phone only when the robot stops for maximum loss.
I am interested in: the time period M1... H1, primarily for XAUUSD.
Thank you.
IULIU
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