Spécifications
Mechanism:
(See diagrams provided for help)
Key point: As I want the SL to include the spread, the entry and exit of the trades must match what is shown on the chart based on the strategy.
Trade Entry Settings:
1. Lot size per trade by two options:
Option 1 - Lot size (allow 2 decimal places) (default 0.01)
Option 2 - Risk % (Risk % of equity based on the SL size Allowing for 1 decimal place (X.X%)
2. SL buffer (extra room to add to SL) - ON or OFF
Option - Points (default 0)
Trade Management Settings
1. Minimum and maximum allowed SL size (in points)
Option 1 - Min SL size in points
Option 2 - Max SL size in points
2. Minimum and maximum allowed trigger candle size (in points)
Option 1 - Min size in points
Option 2 - Max size in points
2. Move SL to break-even option - ON or OFF
Option 1 - After 'X' pips (default 0)
Option 2 - After 'X' ratio of SL size (e.g. 0.5 means after position moves by 0.5 of trigger candle length- move SL to BE)
3. Trailing Breakeven option - ON or OFF (Important - If this feature is ON, then Option 2 above must be disabled)
This option means that the SL will trail step by step by 'x' points but only up to the Break-even point and will start immediately when the trade is executed.
Input: Trailing step in points
Operating Features:
1. Option for Stop loss and Take profit to be virtual - managed by the EA and not placed in the broker orders - ON or OFF
2. Time period (XX:XX to XX:XX) for no trading - ON or OFF
3. No trade if spread is larger than size of SL - ON or OFF
4. Max spread settings (default 0 points) - only allow entry to be taken if spread is lower than this
5. Show Bollinger band settings
6. Identify Trigger candles with a blue dot above or below the trigger candle - ON or OFF