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I would like an E.A. that opens trades based on indicator confluence on Forex Majors, crosses and XAU/USD on the 5 minute chart only. The indicators are: double exponential moving average, macd, R.S.I., and 3 other E.M.A. (the particular values will be given once job is taken.
Open trades: When all indicators meet specified criteria (to be given later) a trade is opened. I would like the E.A. to open trades up to 20% of account size.
Close trade: When take profit or stop loss is hit. Risk reward is 1:1.
TP/SL on majors and crosses: 5min chart 5 pips on 15 min chart= 7 pips; on 1 hr chart= 10 pips; on the 4 hr=20 pips; on daily chart= 30 pips.
TP/SL on XAU/USD on the 5 minute chart 30 pips.
Trailing stops: When trade reaches 50% profit E.A. should move stop loss to breakeven. When trade has reaches 75% profit E.A. should move stop loss to 50%. When trade has reached 90% profit E.A. should move stop loss to 75%.
I would like an emergency shut off if E.A. loses 20% of account in less than 5 hrs.
i would like the E.A. to cease trading a particular pair on a particular time frame if it loses two trades in a row. For two intervals of that time frame. For example if the E.A. loses twice in a row on EUR/USD on the 15 minute time frame, it would automatically stop trading the 15 minute time frame for 2 candles or 30 minutes. But it could still trade the 5 minute, 1 hr, 4hr, and daily. If it lost two trade in a row on the daily it would cease trading the EUR/USD pair for 2 days while continuing to trade the other timeframes.
I would like a pop up box available to adjust TP/SL for the time frames, lot size, and time frames traded. Ex:
XAU/USD: trading 5 minute= true 15 minute= false/1 hr= false/ 4 hr= false/ daily time =false
lot size: x
SL= x TP=x
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