The EA I desire is very straight- forward and simple. it is based on the Shved Supply and Demand Indicator and Ichimoku system.
1 - There must be a demand zone below the cloud
2 - Then there is another verified / proven demand zone above the cloud or inside the cloud. this second verified / proven demand zone is what triggers the buy entry.
3 - When the second verified demand zone is tested and it is not broken, the E.A should place a buy trade just as price is leaving the top of the demand zone. (Screenshots below)
4 - The Stop loss should be 50 pips from the entry point. The Take profit level should be 100 pips. (There should be an option to change this settings in the E.A)
5 - If a third, fourth and fifth verified demand zone appears above the cloud, the E.A should open another trade, just like it did with the second verified demand zone.
6 - For a sell trade, the E.A should do the opposite. (Look for a Verified Supply - Resistance Zone above the cloud, wait for a second Verified / proven Supply Zone below the cloud or inside the cloud to be tested,
then place a sell trade as price is exiting the verified / proven Supply Zone).
7 - S.L and T.P should be as stated above.
8 - The E.A should also place a buy trade if there are 2 verified demand / support zone below the Ichimoku cloud and price is above the cloud. The 2 demand zone must be close to each other.
This option should be able to turn on / off (true or false) in the input panel.
The Stop loss should go below the lowest demand zone. (SEE Screenshot Attached)
9 - The E.A should also place a sell trade if there are 2 verified supply/resistance zone above the ichimoku cloud and price is below the cloud. The 2 Supply zone must be close to each other.
This option should be able to turn on / off (true or false) in the input panel.
The stop loss should be above the uppermost supply zone. (SEE Screenshot Attached)
10 - Other features would be required in the input panel. (You can see them in the screen shots below).
11 - I have attached a copy of the Shved Supply and Demand Indicator.
12 - The E.A should send me push notification whenever any trade is entered.
13 - The E.A should have a trade direction option. (BUY ONLY, SELL ONLY or BUY & SELL)
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