EA to set “buy limit” and/or “sell limit” using displaced Moving average (or envelopes).

EA to set “buy limit” and/or “sell limit” using displaced Moving average (or envelopes).

EA to set “buy limit” and/or “sell limit” at a especific position, in this case using envelopes or Moving average (MA) plus/minus some points.

E.G.: My MA is about 50.500 points, and I bought 2 contracts at 50.000 points, EA must set up “sell limit” of 4 contracts where my MA+200 is now. In this case, it is 50.700.

Imagine my MA changed... I need EA to re-set up “sell limit” to step together eith my MA+200.

Still imagining: the price touched my sell limit. Now I´m short (or sold, i´m not sure about the term in english) at 50.700. EA must set up now a “buy limit” of 4 contracts at my MA-200 (moving average minus 200 points).

EA must actualize every minute for my “buy limit” or “sell limit” to go together with this displaced MA.

It´s importante to adjust this 200 points of displacement on screen to make decisions faster when needed.

Is can be done by a bottom to change from 200 to 195 or 205, from 5 to 5 points (or from the minimum about that stock).

ON FIGURE:

1: first sell (sell of 1 contract in this example), can be done manually.

2: EA set up buy limit of 2 contracts at this point.

3: EA reconfigure buy limit up to this point, where it´s executed.

4: EA set up sell limit of 2 contracts at this point.

5: EA reconfigure sell limit up to this point, where it´s executed again.

From now on this is going to be at a execution.