March 2021 EA
Indicators
TL indicator ( which I will supply) x 3 (short, medium and long) which need to be adjustable
MACD
Moving average x1
BUY
- All three TL’s move to buy
- The short TL is above the Moving average
- The MACD signal line is going up and the MACD histogram is at 0 or above
- At the Trading Opening time the buy conditions are met.
- For point of entry for a Buy trade the Stochastic must be less than 35
The buy trade is opened when all conditions are met.
The Close is when
- The short TL changes to Sell OR
- The stop loss is reached OR
- The Trailing Stop is reached OR
- Time stop is reached
- On the MACD the signal line moves outside of the histogram ( I will supply diagrams to demonstrate this) - I need to be able to have the option to not use this stop ie have the true or false options on the EA.
If the stop loss is activated a new position will not open until new buy conditions occur ( ie the TL has changed to Sell and all the other conditions are met).
SELL
- The three TL’s moves to sell
- The Short TL is below the Moving Average
- The MACD signal line is going down and the MACD histogram is at 0 or below
- At the trading opening time the sell conditions are met.
- For point of entry for a sell trade the Stochastic must be more than 65
The Sell trade is opened when all conditions are met.
The Close is when
- The short TL changes to buy OR
- The stop loss is reached OR
- The Trailing Stop is reached OR
- Time stop is reached
- On the MACD the signal line moves outside of the histogram ( I will supply diagrams to demonstrate this) - I need to be able to have the option to not use this stop ie have the true or false options on the EA.
If the stop loss is activated and a new position will not open until new Sell conditions occur ( ie the TL has changed to Buy and all the other conditions are met).
Also need to be able to :-
- Set a take profit limit - when this limit is reached a new position will not open until new trading conditions have been met.
- Have a stop loss.
- Have a trailing stop.
- Only trade certain hours of the day.
The EA needs to send me a text alert every time a position is opened or closed.
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