Creation of Sample EA that open sell and buy trade depending on two indicators.

Creation of Sample EA that open sell and buy trade depending on two indicators. 

one indicator is to open trade ( when signals are generated ).

the second indicator ( zigzag indicator ) is for putting the SL and TP when the first indicator generate sell or buy signal.

SL should be N pips under the previous low (if signal are buy) and previous high (if signal are sell)

 . In short, SL and TP will be added automatically. 

take profit should be N number*SL

lot size should be calculated based on the SL on each trade.

lot size should be calculated based on specific cash amount USD. 

EX: instead of entering risk as percentage i want to enter it as cash amount.

Breakeven after Npips  

N  Number of trades can run on same time (limit trades)

Money management:

the EA should monitor all the running trades so if :

1-all running lose and win trades equal to N$ (+net profit)

then the Ea must close all the running trades.  

EA should have daily limit profit ( so if the total profit on a day is equal to N$ then the EA should stop trading until next day)

EA should have daily limit lose ( so if the total lose on a day is equal to N$ then the EA should stop trading until next day)

The ea should monitor the equity: if the equity = N$ then the ea must close all the running trades and stop open any more trades until I resume it again.   

Session trading time

London     True or false

NY            True or false

Asian        True or false

the EA should display the following information on the chart 

- balance 

- equity 

- free margin 

- total profit

-Session trading

- number of running trades