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Hi all,
I need a EA that is based upon the ZigZag Indicator (attached) that place pending trades on the previous highs(buystop) /previous lows (sellstops).
Here are the conditions of the EA:
Market Entries: If the indicators finds a new low, then a buystop should be placed on the previous high/ if new high, then a sellstop on the previous low.
For buystops - if the new high is lower than the previous high, the pending buy should be deleted. (vica versa for sellstop).
Market Exits:
Exit should be based on the based on the follow:
- TrailStop + TrailStep (variables per user definition) or;
- Parabolic SAR indicator or;
- Take profit/Stop Loss (variables as per user definition)
Other Variables to be defined:
- Lot size
I've attached a picture to get a bigger picture of the EA :)
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