FreshMoTive

FreshMotive

An Multi- currency Grid EA with dashboard of symbols where indicators(about 3 buttons for three indicators)  to be used for entry are selected.  Grid management modes (1 or 2) can be selected for each symbol. And user adjustable horizontal lines (above and below price ) for Break out, Reversal entries, partial TP or grid entries. Then for lots size to be used for next entry. 

ENTRY Conditions for first trade:

Two Buy lines and two sells - one above and another below price for both buy and sell. For BUY - the one above functions like for up breakout type (kind of buy stop) entries, the one below for buy reversal ( kind of buy limit). Vis-versa for SELL  lines. E.g In EURUSD, for buy to be taken price touches line then EUR on top three spots of CM indicator and above 7 and USD on bottom 3 and below 30 then non in opposite extreme side of currency power. If any currencies making up the pair is in opposite extreme of the currency power (say EUR is in the least place), then it is required that in the CM, that currency(EUR) has to be at the opposite end (topmost) and above 7.5 in alignment with desired trade direction. 

OR

No need for price touching line, if Buy is clicked for a currency, buy is opened when e.g  EUR on top  spots of CM indicator and currency power or USD on bottom  of both CM and currency power, both of 2TF green or RSI cross and above 50. If ADR is clicked then price has to touch ADR low first also. 

Vis-versa for SELL  

Stop loss: If clicked before entry 

at first level (22.5) of opposite indicator. 

GRID Entries:

If first trade is in loss upto stated ADR based pips spacing or price touch price line and  EUR on top two spots of CM indicator with arrow up and USD on bottom 3 and arrows down non in opposite side of currency power RSI > 50.

Grid trades management:

If 1button MM is selected for the pair:- the last trade is closed with the trade before it when the profit of the last trade equals %loss of entry just before it then an entry is made. E.g  if a total of 4 buy trades are entered, the last entry (4th) is closed with the 3rd entry when it's profit equals loss of  trade entry before the last (3rd trade). 3rd trade is closed with 2nd, 2nd trade is closed with 1st.        (I think they do this via close-by function )

If 2nd MM button is selected for the pair:- Close only the trades in profit when  sum of open winning trades + profit of closed trades in the pair since open of first trade = loss in first trade.

If Take profit is hit,  close equivalent % of 2nd to nearest lossing trades to the gain of trade that hit TP. 

Number of Pairs Control: 

If say its set to 3, only in three symbols will buys of the currency be allowed across pairs but shorts can be allowed.

Half Close Button: 

When clicked closes half of last trades of a currency  across several pairs if CM agrees. 

Partial BE and CLOSE:

-If selected from the dashboards for a pair, Partial BreakEven when price returns to entry after t-time + x positive or negative pip price distance from entry or after touching next Gann sq level. Partial Close after t-time and indicators 2TF Arrows and van-RSI alignment. 

Displays:

Show lines when any of 2 MM modes is clicked showing where its action (closures) will be done.

Alert and email Notifications when:

 (a) 2TF arrows first line change of state and both lines alignment.

(b) Extreme condition in Currency power and CM - Same currency in upper 2 CM places with arrow and Currency power and above 75% OR same currency  lower 2CM place with Red color and < 20% in Currency power. 

c) The line should have alert/notification once price hit  or trade closed. 

Basically alerts for line hit, exits and entry-able conditions