S&R Trading

This a very simple EA that uses 02 Indicators.

Variables:

1) Number of lots 

2) Stop Loss with trailing stop

3) Take Profit

------ Moving Average ----

4) Periods

5) MA type (Simple, Exponencial, etc.)

---- Support and Resistance Levels ----

6) Periods

7) Support Level (up and down) in Pips

8) Resistance Level (up and down) in Pips 

The first INDICATOR is the Moving Average including 02 variables (Periods and Type)

The second INDICATOR based on support and resistance levels.

The size of the levels will be the highest/lowest price plus the number of the pips that was set before, up and down, like the image below.

How the EA will works.
First of all, the EA will get the iMA tendency (Bull or Bear), acording to the periods that was set before.
So, if the tendency is Bull and the close price of the last bar is inside of the level of support price, BUY.
If the tendency is Bear and the close price of the last bar is inside of the level of the resistance price, SELL.

P.S.: If is it possible I would like to set the time that the EA will trading (open positions). For example, EA will only open position (send orders) between 04:00h to 19:00h. If the 19h arrive and EA have an open position, close the position at market price. 

The time must be a variable!

If you have any doubt, feel free to contact me at skype: guilhermemef@hotmail.com