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Hellow, I am Alan Goh, I want to test my idea for trading so i am putting up my trade idea here. and i need ea developed for the same.
Rules for Selling.
1) Time Frame Yet to test so keep it blank , i will test every time frame. normally i keep it 1 day.
2) For Selling price should be below 20 EMA and 180 EMA. need not be cross-over always, but what is important is price should be below 20 EMA and 180 EMA.
3) ADX and - DI to be above 30 value.
4) rsi to be below 30 value. THIS IS MOST IMPORTANT RULE, IF ABOVE BOTH RULES ARE FULFILLED BUT RSI DOESNT GO BELOW 30, THEN TRADE SHOULD NOT BE EXECUTED AS SOLD. SO BASICALLY, for executing a sell trade first 2 rules need to exist but trade shall be executed only the value of RSI is below 30.
5)take profit stop loss option to exist.
6) trialistop function to exist.
Rules for Buying.
1) Time Frame Yet to test so keep it blank , i will test every time frame. normally i keep it 1 day.
2) For buying price should be above 20 EMA and 180 EMA. need not be cross-over always, but what is important is price should be above 20 EMA and 180 EMA.
3) ADX and + DI to be above 30 value.
4) rsi to be above 70 value. THIS IS MOST IMPORTANT RULE, IF ABOVE BOTH RULES ARE FULFILLED BUT RSI DOESNT GO above 70, THEN TRADE SHOULD NOT BE EXECUTED AS buy. SO BASICALLY, for executing a buy trade first 2 rules need to exist but trade shall be executed only the value of RSI is above 70.
5)take profit stop loss option to exist.
6) trialistop function to exist.
any doubts please ask me. i am not very good in english but its understable.