EA – Trade Manager

EA – Trade Manager

Timeframe: need to work on all timeframes (will trade on 30m and 15m mostly)

Instrument: need to work on BTC, ETH

EA principle

1.      Entry signal comes from TradingView strategy – entry orders @ market

2.      Once the entry position (LONG or SHORT) is created – EA needs to:

a.      Get details of entry price for the position created; LONG position will correspond to BUY entry order and SHORT position will correspond to SELL entry order

b.      Update TP and SL levels for the position – TP and SL should be both marked in reference to the entry price

c.       Manage position as per Breakeven level, if activated

EA User Inputs:

Position management

·         Quantity – not required to edit or update, Qty will be specified in TradingView strategy

·         TP – default set to 200 points

·         SL – default set to 200 points

·         Activate breakeven – Yes/No, default set to No

·         Breakeven – default set to 130 points (move SL to cost once BE hits)

Trading window filter

·         Add option to specify start time and end time

·         Need 4 time windows, put 4 set of start time and end times (Asian open, London open, NY open, NY close); option to activate each time window separately