I am not going to explain to much in here , because i need to ask something of you before i explain everything in detail. based on what you can tell me i will give more information.
this ea will run on a 5 day graph. ( 5 true range)
basically i want a ea that trades using :
donchain ( 20 day )
The sma (14) .
Mac D (14 , 26).
when the pips break through the donchain resistance line 2 times ,when the sma 14 line passes through a rising pip and when the mac D 14 is above the mac D 26 , then only must a buy trade be started.
the sell trade will be activated when the 3 conditions are met but in reverse ( donchain support line is broken through 2 times, sma 14 passes through a falling pip and the mac D 14 is below the macd 26.)
a trailing stop and a stop loss will also be needed.
the trailing stop will only activate when the 2 mac D crosses , sma crosses the pips , and will be 50% of the ATR ( average true range )
the stop loss will be the buying price - Atr. "" entering price - Average true range "" { buying market }
&&
"" entering price + Average true range "" { selling market }
the position sizing will be 5% of current account value .
i want to know from you . if i run this ea on a broker , will it be able to chose the top 3 markets to trade on based on other conditions ?
pleas get back to me before you start coding this. !!!!!!
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