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The expert advisor will enter trades based on buy/sell signals received from the Supertrend indicator. Trade entry criteria will be based on entry candle size, entry candle position related to a moving average, and ATR value.
User settings will include:
(1) ability for the user to specify trade entry criteria, including choosing the moving average, max candle size, and max ATR.
(2) ability to choose trade size based on % of account, or by lot size,
(3) ability to define range of hours when trades can be entered & a time when any/all open trades should be closed,
(4) ability to define stoploss in pips or as a multiple of current ATR,
(5) ability to enable a "move stoploss to breakeven" function,
(6) ability to choose a trailing stop as a means of take profit or set a fixed take profit,
(7) ability to enable a "retry trade" feature that will create a new trade in the same direction under specific conditions,
(8) ability to halt trading for the day after a specified number of consecutive losses,
(9) and finally, the ability to enable a fail-safe stoploss in case of a stoploss skip
A fully detailed requirements doc will be shared with qualified/interested developers.
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