Trabajo finalizado
Plazo de ejecución 4 días
Hi,
I need to convert a manual system to an expert advisor:
Here’s a list of the indicators that we will be using:
* Pivot Points indicator with default settings (indicator ex4 will be sent with template)
* Exponential Moving Average set to 50
* MACD set to 8,17,9
* RSI set to 14 period
THE RULES:
The rules for this trading system are very straightforward and easy to understand. It relies on simply observing the indicators
that we have on our charts and confirming that the conditions for a valid buy or sell signal are being met.
If all of the conditions for either a Buy or Sell trade are met, we may
proceed to entering the trade by placing a market order on our trading
platform.
It is important to wait for the current candle to close then confirm the
conditions for entry are being met before entering the market
with a trade. Here’s a list of the rules for buy and sell trades:
BUY TRADE RULES
1. The current price candle should be above the 50 EMA.
2. The MACD histogram should be above the zero level.
3. The RSI should be above the 50 line.
4. The entry is above a broken Pivot Points support or resistance line (blue and green lines)
5. The Stop Loss is placed below the closest/next Pivot Point level.
6. The Take Profit is placed at the nearest Pivot Point level.
SELL TRADE RULES
1. The current price candle should be below the 50 EMA.
2. The MACD histogram should be below the zero level.
3. The RSI should be below the 50 line.
4. The entry is below a broken Pivot Points support or resistance line (blue and green lines)
5. The Stop Loss is placed above the closest/next Pivot Point level.
6. The Take Profit is placed at the nearest Pivot Point level.
EXAMPLE BUY TRADE:
EXAMPLE SELL TRADE:
Ea will have to apply the inputs Take Profit, Stop Loss, indicated by the Pivot Points indicator.
Other settings at this time wanted for the ea:
Enable ecn broker
Magic number
Lot size and Risk management
Close All trades (enable/disable) ...
Thanks in advance
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