All orders
Rules
Job finished
Specification
Hi, I need an EA operate by indicator MACD + Bollinger Band.
Condition:
BUY
- Bearish MACD below 0.00 point.
- Lower Bollinger Band discounts XX pips. I need up to 10 tiers discount.
SELL
- Bullish MACD above 0.00 point.
- Upper Bollinger Band premium XX pips. I need up to 10 tiers premium.
Entry Point:
BUY
- In the condition, Bearish MACD below 0.00 point, when the price hit the Lower Bollinger Band – 10 pips, Buy Order tier 1 entry.
- If the price keep going down and hit the Lower Bollinger Band – 20 pips, Buy Order tier 2 entry.
- If the price still keep going down and hit the Lower Bollinger Band – 30 pips, Buy Order tier 3 entry.
- When the Buy order start, not effect if MACD change from Bearish MACD to Bullish MACD, new Buy order still can be open.
Sell
- In the condition, Bullish MACD above 0.00 point, when the price hit the Upper Bollinger Band + 10 pips, Sell Order tier 1 entry.
- If the price keep going up and hit the Upper Bollinger Band + 20 pips, Sell Order tier 2 entry.
- If the price still keep going up and hit the Upper Bollinger Band + 30 pips, Sell Order tier 3 entry.
- When the Sell order start, not effect if MACD change from Bullish MACD to Bearish MACD, new Sell order still can be open.
Close Point:
- When the price hit the Middle Bollinger Band, close all the position of current pair.
-
Example:
- If EURUSD hit the closing point, so only EURUSD close all position, will not effect to the others currency pair.
Candlesticks / Bars:
- Need up to 10 bar reserves when the conditions apply.
- Each signal effected with current bar only. (Signal expiry after price close)
Entry Tiers:
- Need up to 10 tiers entries for each bar.
- One order for each tier only.
Example:
|
Candlestick / Bar |
Tier |
Lot Size |
|
1 |
1 |
0.01 |
|
|
2 |
0.02 |
|
|
3 |
0.03 |
|
|
4 |
0.04 |
|
|
5 |
0.05 |
|
|
6 |
0.06 |
|
|
7 |
0.07 |
|
|
8 |
0.08 |
|
|
9 |
0.09 |
|
|
10 |
0.1 |
|
2 |
1 |
0.01 |
|
|
2 |
0.02 |
|
|
3 |
0.03 |
|
|
4 |
0.04 |
|
|
5 |
0.05 |
|
|
6 |
0.06 |
|
|
7 |
0.07 |
|
|
8 |
0.08 |
|
|
9 |
0.09 |
|
|
10 |
0.1 |
Money Management:
- Need an auto lot size increase decided by capital.
- Need a switch (Enable/Disable), in case if I want make withdrawal fund, auto lot size increase will effected.
Input:
- MACD
- Bollinger Band
-
Every bar (Up to 10 bars) with different tiers.
Example:
The Buy Trade, 1st bar
- no. 1 tier = discount 10 pips
- no. 2 tier = discount 20 pips
- no. 3 tier = discount 30 pips
- no. 4 tier = discount 40 pips
- no. 5 tier = discount 50 pips…
-
Every tier (Up to 10 tiers) with different lot
size.
Example:
The Buy Trade, 1st bar
- no. 1 tier = - 10 pips = 0.01 lot
- no. 2 tier = - 20 pips = 0.02 lot
- no. 3 tier = - 30 pips = 0.03 lot
- no. 4 tier = - 40 pips = 0.04 lot
- no. 5 tier = - 50 pips = 0.05 lot…
-
Money Management
- Capital (Auto increase lot size)
- Enable / Disable
** Question:
- Is it able just open in one chart and control multi-currency pair (24 pairs)?
- If can, need an input for currency pair selection.
- Or if cannot, so I have to open many charts and put in EA for each currency pair.
