Fractal Expert Adviser

Fractal Expert Adviser

Looking to build and ea that will open new positions using fractals and one moving average as a signals.  Positions will be closed with stop loss or take profit.

Rules for entering position:

Buy:

1.       Down fractal must form on the bar that is on the top of moving average. Low of the bar must not touch the moving average.  Enter buy as soon as fractal is formed, third bar after fractal bar.

Sell:

1.       Up fractal must form on the bar that is below moving average.  High of the bar must not touch the moving average.  Enter sell as soon as fractal is formed, third bar after fractal bar.

Exit trade:

1.       Stop loss

2.       Take profit

Parameters for EA:

1.     Must trade on all pairs and time frames
2.     Trading hours
3.    Adjustable Moving average (simple, smoothed, exponential, etc...)
4.    Must take all trades even if one is already open and in different direction  (make this an option)
   
5.    Lot size
6.   Stop loss
7.   Take profit
   
8.   Magic number

Below is an example on how this ea should function.  Illustrated are 4 buys and 1 sell.