· EA must be usable only with authorized accounts. (I can change the account number in mql file)
· EA must have options enter three trading periods.
Example
Trading session 1- 05:00-12:00
Trading session 2-13:00-17:00
Trading session 3- 18:00-21:30
· EA must have option to enter expiry date. (I can change the Expiry date in mql file)
· EA’s trading time frame must be changeable. (default is 5m)
1. Entering trades
· Basic rule: At the end of a bullish candle, enter a buy trade. At the beginning of a bearish candle, enter a sell Trade. EA must activate a fixed SL and fixed TP when entering the trade. Default fixed SL is 15 pips and fixed TP is 30 pips, and must be adjustable in EA
Scenario 1.
a. If the trade goes to 5 pips (adjustable number pips in EA) profit, the EA must not allow the trade to come back to loss, and EA should close the trade at 1 pip profit if the price tries to come back to loss.
b. Also if the trade goes to 5 pips (adjustable number pips in EA) profit, activate a trailing stop of 10 pips (Default trailing stop is 10 pips and must be adjustable in EA. All TPs and SLs must be applied by EA, and should not be entered in broker platform). Do not open more trades during the same candle.
Scenario 2.
a. The trade hits the fixed SL before going to profit, and then closes the candle as opposite candle (in case of b buy trade, a Bearish candle, and in case of a sell trade, a bullish candle). At the opening of the next candle, enter a trade in the direction of the closed candle with martingale lot size (Lot multiplier and Number of martingale steps must be adjustable in EA.) This way, continue to enter the trades in the direction of the closing candle (every new trade is at the beginning of a new candle) with martingale lot until winning the trade or until completing the number of martingale steps, and if still loses all martingale trades, stop entering more trades with martingale lot. (Important: Each trade should be opened at the beginning of the new candle).
When all martingale trades are lost, start with Basic rule of entering trades described above.
In this strategy, all trades are entered in the direction of the previous candle, one candle one trade. If a trade is lost, do martingale trades as described in Scenario 2.
Have an option to enter maximum number of trades that can be open at a time including all the signals for the pair. (do not open more trades during same candle (One candle equals one trade)
Have an option to enter equity protection percentage.
Must have option to enter starting lot size.
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