Buy Conditions/Sell Conditions
Options to choose Setting 1 to 20
Each Setting has the following options
1. Setting 1 True/False (there are 20 settings I can turn on/off, each settings is the same as below but with the option for me to choose different time frames for different settings)
a) Time Frame (drop down menu to choose time frame M1 to W1)
b) Parameter Inputs 1) Fast period parameters and 2) Slow period parameters [for the above selected Time Frame in (A)]
c) Rules 1) Rising (when oscillators of fast n slow is rising), or 2) Higher Than (when fast is higher than slow), or 3) Higher Than and Oscillator is Rising (i.e. option 1 + 2)
2. Lot Sizing (option fix lot or %)
3. Scale In (true/false): Open new position (fix lot size or %) when
a) In the Next N Bar, (N bar) i.e if attached to H1 chart, if next N=3, 3 Bar = every 3 hours open new positions if all the above settings are True for Buy/Sell.
b) Previous position/previous order = floating profit eg. ( ) points, eg Scale In/Open new Position at the next N bar if previous position has positive floating profit of (100 points).
In another words, I want my EA to keep open new orders at every 3 hours interval as long as the previous position is having a 100 points floating profit.
c) Min lot size per new entry/order
d) Max total lot size allowed (i.e. stop open new trades if max lot size of total trades has reached. EA will keep open new order at 3 hours interval at 0.1 lot size each time till it reached a max number of 1 lot size, ie. allowed to Scale In 10x
4. Trailing and Break Even Setting
a) 5 level of profit trailing trigger targets and 5 levels of Break even trigger targets for all open trades by the EA
5) Account Management
a) Stop Trading at DD %
b) Stop Trading Below Equity/Balance
c) Start of Balance Date to calculate DD