I
need to compile an simple EA based on two indicators: ATR and CCI.
The
EA should open trades based on CCI oscillator on
current timeframe, but only in the direction of trend. The trend is defined
by ATR
stop on an higher timeframe.
Parameters:
ATR
Stop; variables: ATR period length, ATR
multiplicator,
CCI:
variables: period length, buy
level and sell level
Lot
size: fixed
Stop
loss: fixed in pips
Take
profit:
option 1: fixed in pips option 2: secure
profit option
Secure profit: (true or false) position is closed on
opening price
+ predefined “secure profit level”
Secure profit level: (variable) XX pips
Secure profit trigger: secure profit option will be triggered
if XY pips
are reached (where XY is higher or same as XX)
Current
timeframe: (variable) – will be used for the calculation of CCI
Higher
timeframe: (variable) – will be used for the calculation of the ATR stop
Trading
hours: start hour + start min; end hour + end min
(variables)
Open
position:
- see example
Long:
ATR trend on higher TF shows long => CCI on lower TF reaches minimal level
(like -180),
then trade is opened on next bar open
(when CCI on current TF reaches opposite
maximum (like +180) the short trade is not opened,
because we are in long trend
Short:
ATR trend on higher TF shows short => CCI on lower TF reaches maximal level
(like +180),
then trade is opened on next bar open
(when CCI on current TF reaches
opposite minimum (like -180) the long trade is not opened,
because we are in short trend
close
position:
Either
at
TP level
(if TP
is not null), SL level (if
SL is not null), secure profit level (if not
null), always
if trend
on higher TF changes (ATR stop on bar close) - or at
opposite CCI signal on current TF (if this variable option is chosen as true)
Maximal
open trades: 1
The
open of the next trade is be always on
next bar open.
The
EA should work for all timeframes and on all currency pairs and major indexes.
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