I will need an EA for trend trading using 200 Day MA as trend
indication and the 20 and 50 Day EMA as entry and exit indicators. For both short and long setups trailing stop of 40pips should be started after profit as reached 60pips. Stop loss be based on each set up as listed below.
For Short Setup
If 200 MA is pointing lower and price is below
it then it’s a downtrend. confirmation of trend will use MACD(5,15,7) being below zero line, RSI(15) being below 50 and stochastic(20,10,10) cross over to the downside
If it’s a downtrend wait for “two test” at the
dynamic resistance using 20 & 50 MA
If price test dynamic resistance twice then go
short on the third test after candle closes
If short then place a stop loss 10pips above
swing high
If price goes in favour then I take profits when
candle closes beyond 50 MA or reaches trailing stop of 40 pips
For Long Setup
If 200 MA is pointing higher and price is above
it then it’s in an uptrend. confirmation of trend will use MACD(5,15,7) being above zero line, RSI(15) crossing above 50 and stochastic(20,10,10) cross over to the upside.
If it’s an uptrend wait for “two test” of
dynamic support using 20 & 50 MA
If price test dynamic resistance twice then go
long on third test after candle closes
If long then place stop loss 10 pips below swing
low
If price goes in favour then I take profits when
candle closes below 50 MA or reaches trailing stop of 40pips
Responded
Arbitration
117
32%
/
42%
Arbitration
145
17%
/
73%
Arbitration
301
59%
/
25%
Arbitration
113
45%
/
26%
Similar orders
I have ex4 file that I want recreating into new indicator with source code If possible I want it to be non repaint so the signal do non redraw pls and thank you
Requirements All features of indicators, plus enter into trades (buy, sell) TP and SL according to the indicator [TP1 and TP2] Can make MT5 from MT4 indicator? Add trailing stop loss trading hours trading days Max spread Possibility of Multiple charts through one window Daily profit Target [yes/no]
hello... saya menginginkan EA GRID?AVERAGING dengan kondisi : > bisa meletakan sell&buy Limit pada nilai tertentu > bisa meletakkan sell&buy stop pada nilai tertentu > bisa melakukan order sell/buy limit/stop (sesuai setting) berdasarkan Nilai RSI > bisa membatasi jumlah order > ada fungsi TP dan SL > rangkuman hasil kerja EA selama mingguan terimakasih, semoga bisa bekerjasama dengan baik
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