An Expert advisor based on EMA's using high and low's.

The EA will open a Buy Stop Order once the following conditions are met on the 4 hour timeframe.

(1) The last bar has a lower high from the previous bar.

(2) The last bar has a lower low from the previous bar.

(3) When the last bar closed it must have interacted with the 20 EMA.

(4) The 8 EMA must be above the 20 EMA on the 4 hour chart.

On this condition open a Buy Stop Order which is 1 pip above the last bar with a stop loss of 1 pip below the last bar and a 1:1 take profit.

The EA will open a Sell Stop Order once the following conditions are met on the 4 hour timeframe.

(1) The last bar has a higher high from the previous bar.

(2) The last bar has a higher low from the previous bar.

(3) When the last bar closed it must have interacted with the 20 EMA.

(4) The 8 EMA must be below the 20 EMA.

On this condition open a Sell Stop Order which is 1 pip below the last bar with a stop loss of 1 pip above the last bar and a 1:1 take profit.

1 pip = 10 points

The lot size calculated for this position is 

% of equity divided by the pips then divided by 10. 

1000 usd equity

10% of equity to be used

100 usd divided by 20 pips 

Then divide by 10