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**** PLEASE READ CAREFULLY BEFORE APPLYING ****
Hello guys!
This is not an indicator or a chart based EA, so NO PICTURES OF any chart will help us to proceed with this, if you have problems understanding specifications without a picture to explain, please, don't apply.
Lets point out few important points for this EA:
INPUTS:
- The logic I am describing below will be applied equally on multiple symbols, this group can be read in a text file(I can edit it 1 symbol per line) or market watch list applies too.
- Dynamic Financial per order: That will convert 5000 usd into shares always rounded by 100, the market intended for this trading uses a steplot of 100
- Start time: 10:00
- Stop time: 17:00 Close all opened and pending orders for the day.
NO STOP PROFIT OR LOSS just close when "Stop time" is reached.
Trading logic:
TIMEFRAME(DAILY D1)
#VARIABLES
longAdjustment;
shortAdjustment;
numberOforders = 5
Trading logic:
If Close[1]<SMA of 3 days
longAdjustment = longAdjustment + 2.5
else
shortAdjustment = shortAdjustment + 2.5
If Close[1]<SMA of 5 days
longAdjustment = longAdjustment + 2.5
else
shortAdjustment = shortAdjustment + 2.5
If Close[1]<SMA of 10 days
longAdjustment = longAdjustment + 2.5
else
shortAdjustment = shortAdjustment + 2.5
If Close[1]<SMA of 20 days
longAdjustment = longAdjustment + 2.5
else
shortAdjustment = shortAdjustment + 2.5
If RSI[1]<35
longAdjustment = longAdjustment + 2.5
If RSI[1]<65
shortAdjustment = shortAdjustment + 2.5
PriceBuy = Close[1] - atr[13];
PriceSell = Close[1] - atr[13];
Order sending logic
Buy1 = PriceBuy;
PriceBuy = PriceBuy * (1 - (longAdjustment/1000));
Buy2 = PriceBuy;
PriceBuy = PriceBuy * (1 - (longAdjustment/1000));
Buy3 = PriceBuy;
PriceBuy = PriceBuy * (1 - (longAdjustment/1000));
Buy4 = PriceBuy;
PriceBuy = PriceBuy * (1 - (longAdjustment/1000));
Buy5 = PriceBuy;
Sell1 = PriceSell;
PriceSell = PriceSell * (1 + (shortAdjustment/1000));
Sell2 = PriceSell;
PriceSell = PriceSell * (1 + (shortAdjustment/1000));
Sell3 = PriceSell;
PriceSell = PriceSell * (1 + (shortAdjustment/1000));
Sell4 = PriceSell;
PriceSell = PriceSell * (1 + (shortAdjustment/1000));
Sell5 = PriceSell;
PriceSell = PriceSell * (1 + (shortAdjustment/1000));
Thats all needs to do FOR ALL SYMBOLS in my list as mentioned above with the quantities divided by the financial with step lot 100 i.e:
Close[1] = 19.43
5000/Close[1] = 257,33 convert to steplot => 300;
All order quantity for that symbol will be 300 for buy and sell