All orders
Rules
Specification
For the newsprovider I thought about FXSTREET Economic Calendar
As filters there are listed a lot of countrys I think, the first thing I want to programm is that I can choose the countrys and set it on or off.
I am not sure what countrys delivers important news for DAX but I think that are the European countrys and the USA.
The second filter is what category of news should be filtered. I want you to build in all filters and I can choose what I want to set on or off. The filters are "Government" news, or "Central Bank" news.
As 3rd filter there is Volatility here I think it means how important that news are. For my EA I want only the hardest news of the section "Government" news.
When the news are for 24 hours validated or when news appear at the evening between 9:30 p.m. and 8:00 a.m at the next day and there is an open order "Example Buy"
---> Close Trade with Lotsize for "example 1 Lot" at 10 o´clock p.m. ----> Allow Open order with the same lotsize at the next day between 8:00 o´clock a.m. and 10:00 p.m. with the same order direction in this case its "Buy"
---> Don´t open a "Buyorder" when it opens below the StopLossLevel of the "Buytrade" before. ---> I use the Donchian Channel as Stoploss
The same should be coded for a Sellorder.
When there is a gap of 500 DAX points (Broker FXFlat) or more (it does not matter if there is an open trade or not) Do not allow trading for 12 hours after that.
---> Close Trade with Lotsize for "example 1 Lot" at 10 o´clock p.m. ----> Allow Open order with the same lotsize at the next day between 8:00 o´clock a.m. and 10:00 p.m. with the same order direction in this case its "Buy"
---> Don´t open a "Buyorder" when it opens below the StopLossLevel of the "Buytrade" before. ---> I use the Donchian Channel as Stoploss
The same should be coded for a Sellorder.
The orders that are opened after gaps should only continue the order before the gap that means the stoploss should also be a continuation.
The Takeprofit should be the same as the order that is produced with the signal. I hope you know what I mean.
And ----> Allow Open order with the same lotsize at the next day between 8:00 o´clock a.m. and 10:00 p.m.
with the same order direction in this case its "Buy" means, the order should be set with the first (movement, tick of the candle) of the day.
And maybe you can add for my EA: When a order is opened by the RSICCI Signal the Stoploss calculation is with the ATR when the Stoplosscalculation is more than 150 DAX Points then this trade should not be allowed.
And I need a coder who has some experience with this!