Specifiche
mql5/mql4 files available
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Features
Muti timeframe and multi-pair
EA should scan the market watch
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RSIOMA custom indicator (added)
Levels: 20, 50 & 80
Signal strength
For buy,
strong buy signal = Cross above 50
Intermediate buy signal = Cross above 20
Weak buy signal = Bullish crossover of the RSIOMA lines
For sell,
Strong sell signal = Cross below 50
Intermediate sell signal = Cross below 80
Weak sell signal = Bearish crossover of RSIOMA lines
Option (in the EA input parameters) for selecting signal strength
……..Signal strength to use:
.....Strong signal only (trade only 50 level crosses)
.....Strong & intermediate (trade both 50 and 20(buy)& 80(sell) level crosses
.....All signal strengths (trade all including crossover of RSIOMA lines)
ATR for SL and TP levels
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EMA Filter
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ADX As Filter
.....use ADX filter (yes/no)
..... ADX filter level to use (eg 20)
.....use ADX strength direction filter (yes/no)
..... ADX strength direction filter to use
..... only when ADX is increasing
..... use both (ignore ADX strength/direction)
DI+/DI- Line:
.....use DI+/DI- filter (yes/no)
..... DI+/DI- filter to use
…….. DI+/DI- Line closes above level eg 20
…….. DI+/DI- Line closes above ADX Line
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Trade Conditions
Preconditions:
Price above EMA (buy) or below EMA (sell)
ADX is above the set level eg 25
If selected, DI+/DI- line closes above 20 or ADX line
Opening Trades:
RSIOMA signal based on the selected signal strength (see above)
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Trade management
A simple trade management tool to be displayed on the screen
Select TF for opening trades- D1,H4,H1,M30,15m
Option for trade size
Option to set risk-reward ratio based on the ATR.
Options for TP (RR ratio based on ATR, pips or USD amount
Option for max number of open trades.
Option for max spread for opening trades
Option for trading time
Option for news filter (to trade or not trade during major news)
Option to hide SL and TP
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TP Option Settings
.....TP method to use (RR ratio/pips/USD Amount)
if RR ratio,
.......ATR factor for SL (eg 2)
……RR ratio (2:1 or 3:1)
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Trailing SL
9. Final ConsiderationsActivated after gain of XXX pips
XXX (eg 60) pips gain trailed by YYY (eg 20) pips
Provide back testing/forward testing results
Provide optimization results
Hand over source code
Cooperation in fixing errors and bugs