MAKING SEMI MARTINGALE EA BASED ON INDICATOR
parameter:
lotsize :_____________
Stoploss:_____________
Takeprofit:____________
and also option to hide SL and TP
lotmultiplier__________ also avaible option true or false( multiply the lot when order close by stop loss or when indicator changes colour
indicator period: _________________ ( changeable )
lock pips:_____________________ (true and false)
lot increases____________________ true nad false)
consective looses_________________(true and fale)
break even________________________(true and false)
london/newyork session trading ________________(true or false)
recoverymode___________________________ true or false)
recovery mode pairs_________________________ almost 9 to 10 pairs
_____________________________________________________________________________________________________________________________________
STRATEGY :
buy :OPEN A BUY ORDER WHEN indicator color green AND CANDLE IS CLOSED
sell: OPEN A sell ORDER WHEN indicator color is red AND CANDLE IS CLOSED
______________________________________________________________________________________________________________________________________
CONDITIONS :
if the order is closed by alternated signal means if buy order is open and sell signal is come ea close the buy order and open a sell order with multiplying the lot with lot multiplier
if the the stoploss is hitted the next order is open with multiplying the lot
NOTE: only one signal is valid for one trade if the order is closed by stop loss than wait for a new signal
lock pips : if the order closed by lock pips means if the lock is 20 and tp is 40 and order is closed in lock pips then next order with open normally with fixed lot size but this condition is valid only if ea work normally on fixed lot size not in multiplying lot mode also option to true or false this condition
consective looses: if the consective loos value is 5 then after 5 looses ea stop trading that day and work on next day
london newyork session : if this function is true ea iopen tarde only in london or newyork session if false than ea trade in all sessions
RECOVERY MODE: if recovery mode is true than ea open multiplying order in any of the pairs written in recovery mode means if ea is placed in eurusd pair and trade goes in loss if the pair written in recovery mode is audusd gbpusd in these pairs if new signal is come than ea open multiplying lot size in these pair and recover loss the recovery mode based on 9 to 10 pairs
LOT multiplier: example
if the signal is buy and buy trade is open with given sl ot tp if sl is hit then next order is multiplying by given valve for example if lot multiplier is 2 han after one loss ea open trade with lot size 2 if starting lot is 1 if trade again loo then next order open with lot size with 4
condition 2 :if the order closes with alternate signal then ea also multiplying the next order open with new signal
_______________________________________________________________________________________________________________________________________
EXIT STRATEGY :
1) by alternating signal
2) by stoploss
if ea closed the trade by theses two method and closes in loss than next signal multiply the lot
__________________________________________________________________________________________________________________________________________
note : the ea made on these two indicators with same conditions but made two ea one based on lines signal and other based on thumb signal
i want scalping ea on these ea any suggestion to make a better scalping ea
thanks
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