EA based on MA Squeeze

1. The EA should check the criteria and open orders after a candle is closed (at the beginning of next candle), NOT on every tick. Order should be closed immediately after the criteria (TP, SL, TSL) is met.

2. If 16 Moving Averages (MAs) are squeezed together and the price closes above of all 16 MAs send a Buy order. Squeezed together means ALL 16 MAs are within 20 pips of each other [This 20 pips should be a Variable named Squeeze Range].

3. If 16 Moving Averages (MAs) are squeezed together (within the Variable - Squeeze Range) and the price closes below of all 16 MAs send a Sell order.

Filters:

4. Bollinger Band Filter: On/Off

Addition criteria for buy order: price (candle) closes above the upper Bollinger Band; and

Addition criteria for sell order: price (candle) closes below the lower Bollinger Band.

5. Big Candle Filter: On/Off

Addition criteria for buy order: Size of the signal candle is less than 30 pips [Variable]; Addition criteria for sell order: Size of the signal candle is less than 30 pips [Variable];

6. Variables:

a) Squeeze Range (in pips): 20

b) Value of MAs:

MA 1: 10

MA 2: 20

MA 3: 30

MA 4: 40

MA 5: 50

MA 6: 60

MA 7: 70

MA 8: 80

MA 9: 90

MA 10: 100

MA 11: 110

MA 12: 120

MA 13: 130

MA 14: 140

MA 15: 150

MA 16: 160

c) Type of MA: Simple/EMA/Smoothed/Linear Weighted

d) Bollinger Band Filter: On/Off

e) Big Candle Filter: On/Off

f) Candle Size for Big Candle Filter (in pip): 30

g) Take Profit (in pip): 20

h) Stoploss (in pip): 20

i) Trailing Stoploss (in pip): 15

j) Place Buy Order: On/Off

k) Place Sell Order: On/Off

l) Display Alert [when conditions are met, with pair name and time frame]: On/Off