Strategy to create EA for Aligator using PSAR and MACD indicators for mql5 and the setup as given in the details. Apply EMA on chart

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Şartname

EA to consider Aligator red line only, PSAR must face the same direction as buy for buy trade and sell for sell trade. Also MACD must be on top of EMA50 for buy and below to sell.

Strategy :-Aligator, PSAR and MACD

1.EMA 25 on price chart

2.Alligator setup 14,8,8,5,5,5 simple (apply to previous indicator)

3. MACD and EMA 25 apply to close

BUY

1. EMA 25 crosses Alligator lip (red) facing up

2. EMA 50xrosses and goes below MACD (MACD red line will be up)

3. PSAR pointing towards the same direction

4. TP and SL when EMA 25 crosses Aligator again in opposite direction


1. EMA 25 crosses Alligator lip (red) facing up

2. EMA 50 crosses and goes below MACD (MACD red line will be up)

3. PSAR pointing towards the same direction of buy

4. TP and SL when EMA 25 crosses Aligator again in opposite direction

SELL

1. EMA 25 crosses Alligator lip (red) facing down

2. EMA 50 crosses and goes above MACD (MACD red line will be down)

3. PSAR pointing towards the same direction

4. TP and SL as EMA crosses Aligator in reverse direction


Dosyalar:

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