Simple TDI EA

Simple EA required for TDI based trading plus money management.

Full details..........

Entry Rules:

·       The TDI green clearly crosses the 50 level and Market Base Line (yellow line). A trade is entered on the opening of the first bar that crosses both 50 level and MBL.

o   Parameter required to define how many RSI points is considered a “clear” valid cross. [RSIpoints]

·       The potential entry is trading away from the 200 ema (eg if price action is below 200 ema then only take short trades). [EMA]

o   Parameter required to the EMA settings and define to disable this feature (true/false).

·       Filter to exclude potential trades when the signal candle crosses the above 200 ema (true/false). [EMAcross]

·       Trading time filter. There must be the ability to define 4 separate trading times. For example:

o   Trade Period 1 = 09:15 – 10:55

o   Trade Period 2 = 11:05 – 13:15

o   Trade Period 3 = 14:15 – 15:50

o   Trade Period 4 = 16:10 – 17:30 

Note that the closing of trades can happen at any time based on MM features. And should NOT be defined by the above settings

Money Management

·       Initial stop loss options [StopLoss]:

o   [Swing] = Set at X pips passed the previous swing high/low on same TF. X is defined by [SwingPips].

o   [ADR] = Set at X% of Y day ADR. X is defined by [ADR%] and Y is defined by [ADRdays].

·       A feature to close a portion of the trade [InitialClose]. InitialClose = X% of trade when it has achieved Y pips. Eg. Close 50% of trade when +25 pips are achieved.

·       When the [InitialClose] has been achieved, set stop loss to breakeven plus spread pips. A parameter to disable (true/false).

·       A feature to trail the remainder of the trade [FinalClose].

o   [TrailStart] will move the SL from breakeven to X pips

o   [TrailSteps] will define the stepped increments that the SL will move by.

·       The size of opening trade [TradeSize] defined by X% of account based on potential loss from defined SL. (Eg stop loss is set at 1% of account. If account is £1,500 and SL is 60 pips then trade size is (1500 / 100) / 60 = 0.25 per pip)