Specification
Hello,
looking for an EA working for all assets and timeframes, as its mentioned in the subject line the points to be included:
Indicators:
EA shall be able to plot the three indicators together, Super Trend, RSI with bands, and an ATR in the chart, with custom parameter (period, multiplier etc..) for all the indicators. An option to select the indicator ON or OFF(in settings)
A Super Trend Indicator, parameters (user input), should work with any the time frame selected as per the chart.
A RSI indicator parameters (user input) with adjustable upper and lower band (user input), should work with any the time frame selected as per the chart.
An ATR (Average True Range) indicator, parameter (user input) work with any the time frame selected as per the chart.
Entry Conditions:
_ when the previous candle closed above the Super Trend a BUY position will be opened if the RSI value of the previous candle is above RSI value.
Option to select the stop loss based on Pip or points as per the selection (user selection).
Stop loss shall be calculated from the deal price and it shall be a multiplier (user input) of the previous candle ATR value.
there shall be two trailing stop loss type, option to select type of trailing stop loss shall be calculated (user selectable) if trailing stop loss on ON.
First option -Stop loss for the position shall be calculated based on the ATR value of the previous candle and it shall be multiplied with a initial risk multiplier (user input)
Second option - Stop is trailed at trailing step (user input) when price advances from 'deal price + 1x initial risk', until the price reaches 'deal price + 2 x initial risk', when the price advances and reaches 'deal price + 2x initial risk', trailing will be done on the method as per the first option.
Option to Enable or Disable the take profit (TP) (user selection)
Option to input the take profit target, it shall multiplier (user input) of the initial risk value calculated (of TP is enabled)
Exit option - Position shall be closed if the stop loss is hit or trailing stop loss is hit or if the Super Trend revered for the previous candle. or the take profit target hit.
- The EA shall be able to receive multiple customizable parameters in the settings and be able to perform the operation based on the inputs (user inputs).
Similarly, a SELL signal is generated when the previous candle closed below the Super Trend with previous candle RSI value below the RSI lower band, and all the condition for the SELL will be reversed as of a BUY signal.
The EA should be able to open re-entry position if the stop loss or Trailing stop is hit provided the entry conditions are met for the previous candle.
A new position shall be only opened at the opening of new candle.
Money management features:
Option to select Manual or Auto lot (user selection).
Option to enter manual lot size (user input) if manual option is selected.
Option to enter Auto lot calculation % (user input) if Auto lot is selected.
Order Management:
Order can be selected from at the MKT order or LIMIT order from settings,
if the LIMIT order is selected then, the EA should open the trade at the ''OPEN PRICE'' of the current candle (new candle), if the order is not filled for a predefined seconds (user input) the order shall be either converted into MKT order or the LIMIT order shall be cancelled, and a MKT order will be placed immediately.
EA shall show a display panel with few parameters such as % of account balance, lot size calculated, and lot size opened, initial risk multiplier.
etc.
Wish all the best.
Jo Jo
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