3 Exponential Moving Average and H.A. confluence
3 EMAs will need to be in the proper order.
Ema 1will need to be above ema 2. Ema 2 will need to be above ema 3. =buy signal.
Ema 3 will need to be above ema 2. And ema 2 above ema 1= sell.
The Heiken Ashi Indicator will be in the correct position first. It will need to break confluence and then once it reestablishes confluence take trade in that direction. And continue to take confluence trades as long as the emas are in the proper order.
If they are out of order no trades should be taken. If ema 1 crosses ema 3 the whole process starts over.
If ema 1 crosses ema 2 but both are still in buy/sell in respect to ema 3 once ema 1 gets back into position it can take another trade without the process starting over because ema 1 didn’t cross ema 3.
I only want the E.A. to take 1 trade per confluence. So if it gets stopped out it waits until Smoothed Heiken Ashi Indicator breaks and reestablished confluence.
I want the ability to toggle period lengths. And turn off 1 or all of emas if desired.
The bot will take no trades if the emas are out of order.
It also won't take a trade if the smoothed Heiken ashi Indicator and the Japanese candlestick are in a disagreement. Meaning a bullish trade will not be taken if the Japanese Candlestick is bearish. It will pause until a bullish Japanese candlestick appears before it enters. The same with a sell if all conditions are met but the Japanese candlestick is bullish it will pause until a bearish one appears.
It will exit trade if Smoothed Heiken Ashi indicator changes color, stop loss is hit, trailing Stop is hit, or Take profit is hit.
Specifications:
Take profit and stop loss per trade.
Emergency stop once this percentage is hit it stops. Trading until I manually turn it back on. This will govern entire account
Calculating max profit: meaning it calculates Max profit for the time filter not after each trade has closed. I don't want it to stop a trade in progress. When max profit is triggered it stops trading for the time filter.
Calculating Max loss: Calculates losses after each trade and stopping trading for that time filter.
4 time filters.
Start hour; start minute, end hour end minute. (Times four)
Trailing stop:
Start point and trail distance per trade.
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