Intraday Trade Ninja EA

Intraday Trade Ninja EA

Indicators used:     Price Border(TMA)

                             MA-X Arrows

                             xSuperTrend Candles

                             EMA 49 & 89- Per Candle Color Switching

                             Lemansignal

                             200 SMA

Major Criteria to consider before a trade setup or condition is taken

·        The price must have touched/tested the upper or lower band of the TMA (Price Border) indicator

·        The EMA 49 & 89- Per Candle Color Switching indicator be green for buy setup and red for a sell setup

·        A trending market should be I identified when both bands of the price border indicator are above the 200 SMA (Trending Up) and below the 200SMA (Trending Down)

Buy Setup Trades

All buy setup trades will depend on either one of the two indicators to trigger ( MA-X Arrows and or Lemansignal indicator)

MA-X Arrows

    When the price tests the lower band of the Price Border (TMA) indicator and the MA-X Arrows appears (Note that the candle must close before a buy trade is placed and EMA 49 & 89- Per Candle Color Switching indicator must both be green). The EA should place 2 positions with the same lot size (This lot size position can be enabled or disable from the input tab for which the default should be 2 positions. The EA should also contain in the input tab, the ability to adjust lot size from the minimum lot as 0.01)

Targets and Exits : For the two open positions, 1^st position should close on the appearance of the opposite MA-X Arrows indicator (the candle should close before the buy position is exited). The 2^nd position should close when the price test or touches the upper band of the TMA price border indicator (Note that if 1 entry position is enabled from the input tab, the position should close on testing the other side of the TMA price border indicator

Stoploss should be placed 50pips from entry points.

The opposite should be done for sell setup trades

The Second Condition for entry is using the Lemansignal indicator

Buy Set Up on The Lemansinal indicator

The first condition of entry is that the Lemansignal dot appears below the TMA or price boarder indicator (Note that in this case the candle does not have to close before an entry is made) and the EMAs are green, place 2 buy positions at default setting. Both positions should close or exit once it touches the upper band of the TMA. The input setting should have an option to place just one position.

Stop loss should be placed a few pips below the Lemansignal dot indicator

Sell criteria should be the opposite

The Final Condition

The final condition is should only be considered in a trending market, A trendind market is when the upper and lower band of the price boarder TMA indicator are above the 200 SMA indicator for an up trend and below 200 SMA for a down trend.

Buy Setup example

The EA should look to see if the most recent dot from the Leamansignal is green then price should test or break the lower price boarder band and form an engulfing candle to the upside. Place 2 buy positions after the engulfing candle closes( Note that the EMAs must be green in the buy setup and red in the sell setup) One position should close on testing or touching the upper boarder of the TMA and the 2^nd position should close in profit when the candle closes or breaks above the upper price boarder line.

Please also note that the EA Should automatically be disabled by 9:25 GMT on Fridays and enabled by 1:05 GMT on Monday. Also no more that 2 trades should be open at a time, that is to say it should ignore other conditions once the trades have been place only one condition is to be met at a time. If the EMA changes to an opposite color when there is an active position close all trades.

 I will be willing to share a video once i pick a developer for this EA to further explain before coding for better understanding if needed.