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The EA is based on clear entry/exit rules and has lot and money management rules.
Screenshots are available upon request
Experienced programmers only please
PCG11
Long Trade 1 Opening: (Screenshot Long begin)
In indicator 1 there is a change from Karl Dittman and Value 3 to Karl Dittman and Value 2
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Indicator 2 shows (X) Example: 2 candles before or (X) Example: 2 Candles then have a positive value for the first time
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1.1 The value of the RSI Price Lane is between VB Low and VB High (if the value is not in between, wait until the RSI Price Lane falls more than (X) for at least 1 candle and then rises again (the RSI Price Lane should then always not yet between VB Low and VB High, you still have to wait 1 candle and then only enter if there is a green candle, otherwise wait that long) or if the Ichimoku indicator with the Tenkan Sen crosses the Kijun Sen upwards)
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1.2 The Tenkan Sen of the Ichimoku indicator is not falling and is above the Kijun Sen value (if the Tenkan Sen is below the Kijun Sen, wait until the Tenkan Sen is above.)
Addition
If the things written in the brackets in points 1.1 or 1.2 mean that the trade cannot be entered into directly, the trade must be entered into when it is entered into or at the latest (X) Example: 3 candles later with indicator 1 have a value for Karl Dittman and Value 2 or if indicator 2 has a negative value, you have to wait another candle to see if a positive value comes again. If this does not occur for both, the trade entry will expire.
Long Trade 1 Conclusion: (Screenshot Long Exit)
The value of Tenkan Sen falls below the value of Kijun Sen
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Only applies if there is a loss, since Trade Signal there has been a value for Karl Dittman + Value 3 at least twice for indicator 1 or once for Karl Dittman + Value 3 and a negative value for indicator 2 once, if this is not the case yet , do not close the trade until this is the case.
Or
Stoploss
Or
If the Ichimoku shows the same value for Tenkan Sen and Kijun Sen and they both fell to the pre-candle.
Trade closed in loss:
If the trade closes in a loss, the next trade 1 will be triggered with twice the volume of a standard trade 1.
The double volume will be closed as soon as it can compensate for at least the loss with half the volume, or if more than 1 loss is open, if it can compensate for the loss of the last 3 losing trades that still have an open loss.
The remainder of the trade or the entire trade (if a loss has not yet been recovered) will be closed normally.
Short Trade 1 Opening: (Screenshot Short begin)
In indicator 1 there is a change from Karl Dittman and Value 2 to Karl Dittman and Value 3
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Indicator 2 shows (X) Example: 2 candles before or (X) Example: 2 Candles then have a negative value for the first time
+
2.1 The value of the RSI Price Lane is between VB Low and VB High ((if the value is not in between, wait until the RSI Price Lane rises more than (X) for at least 1 candle and then falls again (Should the RSI Price Lane then still not between VB Low and VB High, you still have to wait 1 candle and then only enter if there is a red candle, otherwise wait that long) or if the Ichimoku indicator with the Tenkan Sen cuts the Kijun Sen downwards)
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2.2 The Tenkan Sen of the Ichimoku indicator is not rising and is below the Kijun Sen value (if the Tenkan Sen is above the Kijun Sen, wait until the Tenkan Sen is below.)
Addition
If points 2.1 or 2.2 mean that the trade cannot be entered into immediately, the trade must still have a value at Karl Dittman and Value 3 when it is entered into or at the latest (X) Example: 3 candles later for indicator 1 or if indicator 2 has a positive value, you have to wait another candle to see if a negative value comes again. If this does not occur for both, the trade entry will expire.
Short Trade 1 Conclusion: (Screenshot Short Exit)
The value of Tenkan Sen rises above the value of Kijun Sen
+
Only applies if there is a loss, since Trade Signal there has been a value for Karl Dittman + Value 2 at least twice for indicator 1 or once for Karl Dittman + Value 2 and a positive value for indicator 2 once, if this is not the case yet , do not close the trade until this is the case.
Or
Stoploss
Or
If the Ichimoku shows the same value for Tenkan Sen and Kijun Sen and they both rise to the pre-candle.
Trade closed in loss:
If the trade closes in a loss, the next trade 1 will be triggered with twice the volume of a standard trade 1.
The double volume will be closed as soon as it can compensate for at least the loss with half the volume, or if more than 1 loss is open, if it can compensate for the loss of the last 3 losing trades that are still open.
The remainder of the trade or the entire trade (if a loss has not yet been recovered) will be closed normally.
Stoploss in a buy trade
The procedure is the same as if a trade ends in a loss. The resulting sell trade will be closed partially (if the loss has already been compensated) or completely (if not yet) if the Tenkan Sen of the Ichimoku has risen at least 3 times since the start of the trade and the indicator is 2 (freescalping) from (X) Example :3 candles after trade start a value above (X) is displayed for at least 1 candle. Example: -0.1.
Or
through another stop loss
Stoploss in a sell trade
The procedure is the same as if a trade ends in a loss. The resulting buy trade will be closed partially (if the loss has already been compensated) or completely (if not yet) if the Tenkan Sen of the Ichimoku has fallen at least 3 times since the start of the trade and the indicator has 2 (freescalping) from (X) example :3 candles after trade start a value below (X) Example: 0.1 is displayed for at least 1 candle.
Or
through another stop loss
Generally:
- (X) in the description is always freely adjustable in the EA settings.
-If a trade is open, the old one must first be closed before the next one can begin. There is a maximum of 1 trade in the queue and this is the furthest back in time.
-Trade entry signals fall when there is a new signal before the old one could be triggered.
- Entering volume. 2 settings possible: fixed lot number and 1 lot per (X) trading capital
- Every trade that is issued has a stoploss of (X) points.
- Marking of trades: After trades have been completed, the EA should be able to mark them in color. Long profits should be marked in green, short profits in blue and losses in red. (Screenshot Trade color)
- Signal verification: The EA should check the signals for the last expired new candle with the first tick of the candle.
- Simultaneous Trades: The EA should execute a maximum number of 1 trade at a time.
- Daily loss limit: If there is a loss of (X) percent of the trading capital in a day, the EA should stop trading for the rest of the day and only start again the next day. (X) should be user adjustable.
- Weekly loss limit: If there is a loss of (X) percent of trading capital within a week, the EA should stop trading for the rest of the week and only start again the next week. (X) should be user adjustable.
- Total Loss Limit: In case of a loss of (X) percent of the total trading capital, the EA should completely stop trading until the next restart. (X) should be user adjustable.
- Notifications: The EA should be able to send notifications via email about entry and exit from a trade, including relevant data for each trade. (Profit/Loss/Entry at/Exit at/Direction/Market)
- A total of 4 trading breaks from (X) o'clock - (X) o'clock. No new Trade 1 will be started within a break period.
- Enter daily (Monday/Tuesday/Wednesday/Thursday/Friday) different start time (X) clock, end time (X) clock after no new trade 1 has been started and close all positions (X) clock.