Multi Time Frame Signal Generator and Automated Trading

Buy

EMA10 > EMA20 > EMA50 > EMA200

Last closed bar is Bullish by my definition (explained later) and touching or in the proximity of EMA10  to EMA20 range.   

Last closed bars range (high - low) is less half the the average of the previous 25 bars

Sell

EMA10 < EMA20 < EMA50 < EMA200

Last closed bar is Bearish by my definition (explained later) and touching or in the proximity of EMA10  to EMA20 range.   

Last closed bars range (high - low) is less half the the average of the previous 25 bars

Scans for signals are on 15min, 30min, 1hr, 4hr, Daily

Signals are emailed to my Email address  saparente87@gmail.com

i would like automatic the functionality for automated trading built in but i would like it commented out till i gain confidence in the signals.

Risk per trade are placed at 1% of trading capital.

For buy signals i would like the stop loss to be set at the higher low the the last projected move and the limit order trade entry to be set at the top of the closed signal bar.

For sell signals i would like the stop loss to be set at the lower high of the last projected move and the limit order trade entry to be set at the bottom closed signal bar.

All take profit are set at 2 times the distance between order entry and the stop loss in their respective direction.  

Bearish bar definition

Open is at the top of the bar range and close is at the bottom of the bar range

Open and close are at the bottom of the bar range

Bullish bar definition

Close is at the top of the bar range and OPEN is at the bottom of the bar range

Open and close are at the top of the bar range