All orders
Rules
Job finished
Specification
Buy:
Conditions:
When candle closed;
- Rsi > X level ( X=51 to 60 or 70 customized setup)
then
- CCI > +Y level ( Y= +100 or +200 etc customize setup)
Take profit: A pips customized
Stop loss: B pips customized
With trailing STOP CUSTOMIZED
When the price is closed:
- Price triggered Take profit or
- Price triggered StopLoss or
- If the price goes bac bellow CCI <+Y
Which ever comes first
Sell:
Conditions:
When candle closed;
- Rsi < X level ( X=49 to 40 or 30 etc customized setup)
then
- CCI < -Y level ( Y= -100 or 200 customize setup)
Take profit: A pips customized
Stop loss: B pips customized
With trailing STOP CUSTOMIZED
When the price is closed:
- Price triggered Take profit or
- Price triggered Stop Loss or
- If the price goes back above CCI > -Y
Which ever comes first
Both cases has management
open first trade : setup manually and it will increment the lote according the risk
Trading operation scenarios
Assuming the firs lote it was set up :
parameters
lote 0.1 customized
increment in case of lost : true or false: 0.05 customized
1- It opens a trade 0.1 and it was profitable ,so the next trade it keeps opening the same lote 0.1
2- It opens a trade 0.1 and it lost , so the next 2nd trade will open the first lot + 0.05 =0.15
If it continues loosing the 3rd trade will open 0.15+0.05=0.20, etc ,
If it continues loosing , the 4th trade will open 0.20+0.05=0.25. Assuming this last 4th trade wins and made some profit, so the next 5th trade will open as initial first lote: 0.01
License:
It must have a license for
The EA identifies if it is For demo accounts or real account , it will operate unlimited demo accounts with max lote 0.01 and unlimited time
For real accounts, it will have a code valid for its only mt4 ID real for Z months
It will have,
Customized comments
Info on the chart about: account number: balance, profits.
Name of the EA: CitoForex Zeus
Timing operation
Start: (04h00 GMT time zone) - Ends: 19h00 GMT time zone
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