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Spécifications
EA that trades using the following strategy using MT4
iCustom code.
Information on indicator is from vendor: http://www.pointzero-trading.com/Products/view/PZTrendTrading
SELL SIGNAL: When value == OP_SELL_1; value == OP_SELL_2; value ==OP_SELL_3: is issued and Williams %R ranges between – Y and -100 where -Y is option to be read from chart and Parabolic SAR is above candlestick.
- · Enter 1 short position stop order -3pips
- · Exit when Williams %R crosses back (+1 -Y)
- · This trade will be taken each time signal is issued
BUY SIGNAL: For bullish signal when indicator issues value == OP_BUY_1; value == OP_BUY_2; value == OP_BUY_3: and Williams %R is between 0 and -X to be read from chart and Parabolic SAR is below candlestick.
- · Enter 1 long position stop order +3 pips
- · Exit when Williams %R crosses back (-X -1)
- · This trade will be taken each time signal is issued
SELL SIGNAL: When indicator issues alert value == OP_SELL_4:
- · Enter 1 short position only when Williams %R is between -X-1 and +1 -Y
- · Exit position after three candles (candle 4 opens)
- · This trade will be taken each time signal is issued
BUY SIGNAL: When indicator issues alert value == OP_BUY_4:
- · Enter 1 long position only when Williams %R is between -X -1 and +1 -Y
- · Exit position after three candles (candle 4 opens)
- · This trade will be taken each time signal is issued
MANAGEMENT
- · Ability to set size of lots OR use a percentage of account
- · Ability to set profitable trades to break even.
- · Ability to set stop Loss/ Take profit using multiple of ATR x A
- · The ability to set a trailing stop of 5% of ATR x A
- · Maximum exposure to be set in EA for all open trades
- · Time management, the ability to choose the days of the week when the EA will trade.
- · Time management the ability to choose the hours during the day when the EA will trade.
- · A Window in the trade terminal with ability to set the window in any corner.
The window has the following info:
- System server time, Time set to trade during the day, Percentage profit +ve or -ve Account equity
Refer to pages 2 to 5 of strategy attached. I have made it shorter.
I have shortened the term of Reference to make it easier to read.