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Requirements of the advisor:
Step 1: Check if two ema's cross over. So lets say that the 8ema crossed the 14ema (this means its bullish)
Step 2: If they crossed look for a bullish engulfing. I they crossed the other way around look for a bearish engulfing.
Step 3: Check if the engulfing appears above or under 200EMA (input). (this is a nice to have but not necessary, maybe this could be an option inside switch statement or something)
Position order logic:
Step 1: If bullish engulfing appears based on the steps above open long position with sl and tp. The stop loss has to be placed at the lowest shadow of the engulfed bar. For the bearish engulfing vice versa. The tp is explained in the image below:
PS:
I want to be able to customize the ema's for example through an input in the settings or change the risk per trade through an input. Also i'm using icmarkets so it has to be compatible with that. Make sure that its working for different currencies and xau/usd.
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