Specification
Indicators:
Zigzag
Stock
osMA
Parameters:
Trading hours
Max spreads
Hidden tp: if this level is touch exit order for zigzag trading, this could be use as a manual tp when Auto tp is disabled
Auto tp: exit when zigzag close
sl zigzag : manual
TP martigale:
Sl martingale
Lot multiplicator martigale
Max lot size for matigale
Max Drawdown
Buy orders:
When a sell zigzag line close check for followings elements in osMA
and stockastic:
osMA lines should have lines in the bottom and they should be over the threshold line determine in parameters
if yes then check the stockhastic, if the blue line has previously below 20 line, touched the 20 line or now rising
then execute buy order
Sell orders:
When a buy zigzag line close check following elements in osMA
and stock:
osMA should have lines on the top and should over the threshold line determine in confige,
if yes then check the stockhastic, if the blue line has previously below 80 line or touched the 80 line and now decreasing
then execute sell order
Order are executed one after one
if the order reach sl then martigale with lot multiplicator is used to recover the lost without zigzag as follow:
when buy order reach sl then create a sell order with sl martigale, tp = TP martigale; if trade is loosing again>
then buy order at Sl martingale
Please refer to the image tradezigzag.jpg to understand the martigale...
Once the zigzag loosing trade is recovered we continue with the normal trading with zigzag.
We must be able to activate matingale trade in parameters.
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