Create an EA based on two indicators

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Tarea técnica


AT REVERSALS X WADDAH ATTAR STRATEGY


Create an EA to run a strategy based on AT- Reversal indicator and Waddah Attar Explosion Indicator. When both indicators agree, defined by the criteria below, take a position in the appropriate direction. 


STRATEGY


Entries: See below

Stop loss: Long = low of signal candle

      Short = High of signal candle

Option to use AT Reversals arrow buffer value as stop loss also

Position size: default at 1%

Risk = R, R = difference between entry and stop loss

Take Profit = Multiple of R or pip value


EDITABLE INPUTS


Position size 

Stop loss based on R, allow 1 decimal eg. 1.5, 2, 3.5

Use arrow buffer stop loss, just yes or no. (if using arrow buffer SL distance between entry and buffer value now becomes R)

Trailing stop loss using R multiple or pip amount

Option to set the sensitivity value of AT Reversals indicator within the EA settings

Option to edit all Waddah Attar setting from the EA except alerts, all alerts off 

Option of aggressive or conservvative entries


ENTRIES


Two entry types:


Agressive using two Waddah Attar Bars 

Conservative using three bars


Aggressive Entries


Long:


If Waddah Attar bar is red it must be smaller than the previous bar

If green it must be larger than the previous bar if the previous bar is green, if the previous bar is red it can be larger or smaller.


Short:


If Waddah Attar bar is green it must be smaller than the previous bar

If red it must be larger than the previous bar if the previous bar is red, if the previous bar is green it can be larger or smaller.


Conservative Entries


Long:


Blue up reversal arrow on  AT Reversals indicator AND Waddah Attar Explosion must show one of the following;


Corresponding Waddah Attar bar to the reversal arrow must be red and smaller than previous bar which must also be smaller than bar before it.




RRR 


Corresponding bar to the reversal arrow can be green, bigger or smaller than the previous bar which should be red and smaller than the previous bar before.



RRG




Corresponding bar to the reversal arrow can be green and bigger than the previous bar which is also green and can be bigger or smaller than the previous bar. All three bars are green.



GGG


Corresponding bar to reversal arrow can be green bigger than the previous green bar which is bigger than the previous red bar


RGG



Short entry would be the reverse of the 4 options above.





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