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Specification
Hi i need a expert that use stochastic oscillator and Rsi indicator MT4 first maybe MT5 later
Rsi is a filter
RSI
Fast min 0 max 100
The rest of the levels are examples but possibility to adjust levels and settings like they are in mt4 rsi indicator
If rsi reach 70 level and stay there for sure prefer candle close if there is no other way to now it will stay there for sure. only long buy trades allowed until it reach 30 level.
If it reach 30 level only sell trades allowed Until it reach 70 again.
Ea should know what level it have hit last.
Possibility to sett buy or sell manually until next 70 level buy or level 30 sell is hit.
RSI 50 level if its above RSI 50 possibility to trade the cross over options for stochastic indicator 50 level oversold only buy trades instead of waiting for stochastic to reach 20
Rsi bellow 50 level ability to use stochastic 50 level for sell trades instead of stochastic to reach 80
One other function for rsi. Trade buy or sell when a level is crossed without stochastic = Example adjustable level 70 buy when price come under 70 and cross 70 and stay fore sure buy.
Stochastic
Fast min 0 max 100
The rest of the levels are examples but possibility to adjust levels and settings like they are in mt4 indicators
1 option name it= over cross over. In overbought area example above 80 sell when both lines get above 80line and then cross bellow 80 line. And 2 option name it = over cross. sell when lines crosses in overbought area.
1 option In oversold area bellow 20 example buy when both lines get bellow 20 and then cross back up over 20 line. And 2 option buy when lines crosses in oversold area.
And same 4 options for middle level 50 example
Only buy or sell when lines stay crossed for sure prefer candle close .
Risk in cash amount that is risked. Example 100 dollars and ea auto calculates lot size on stoploss and cash risk
Ability to sett lots also instead of cash risk
Stop loss Not possible to trade without it. = If there is no point or pips written the ea should not work please sett it to 25pips default
Take profit.
And also 4 split take profit on and of for this = example 25% when 25 pis in profit 25 %when 75pips in profit= Make something good working and easy.
Breakeven.
Trailing stoploss.
Session time in 24 hours start and stop time on and off. On and off for close trade if its on at session ending.
Close trade at pre-set time and adjustable after ea is attached to a chart and a trade is on. If possible tell if not ?
Option close sell trades in oversold area when lines cross and buy trades in overbought area when lines cross.
Option close trade when lines cross next time
Close trade when rsi hit opposite level example buy trade on and sell level 70 is crossed close that trade
Only buy trades and only sell trades and both buy and sell allowed.
Only one trade at each signal
Max allowed trades in number Default to 1
Max allowed losing trades Default to 1
Max spread if sett to 0 no max spread
Magic number default to 1 = if several ea of this model is in use on different charts max trades and max losing trades is not over runed.
Settings on indicators adjustable same as in mt4
Example for menu pre written options so i don't need to write true or false example
Use stochastic oscillator. option= true or false.
Use Rsi indicator. option= true or false
Stochastic trade option. option= (over cross over) and (over cross)
Use stochastic middle level50 option= true or false
Stochastic middle 50 trade option option= (over cross over) and (over cross)
Trading direction. option= Buy. Sell. Sell&Buy =3 options
And upper left corner Text that disappear after ea is removed with info about trade direction and cash risk and indicator settings
Please ask before if something is unclear make it fast and prefer no dll
Work for all tradable instrument in mt4
And test the ea before you hand over it i don't want to test if it works for you thanks
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