description of needed expert
advisor (changed on 23rd nov 2014):
input parameters
(#...#):
var_TF1:M15 //timeframe1
var_TF2:M30 //timeframe2
var_TF3:H1 //timeframe3
SL-level=30 //Stop loss point
TP-level=75 //Target point
Tradingvolume=0.05 Lot
dayofweek_opening_trade=MO-SU
or 1-7
hour_ opening_trade=
(0-24h)-(0-24h)
above input parameters are also needed for metatrader optimization
process.
short entry logic:
if no open trade and
high > SMA(#var_TF1#) and close < SMA(#var_TF1#) and
low < SMA(#var_TF2#) and close < SMA(#var_TF2#) and
low < SMA(#var_TF3#) and close < SMA(#var_TF3#) --> open Short at market
long entry logic:
if no open trade and
low < SMA(#var_TF1#) and close > SMA(#var_TF1#) and
high >
SMA(#var_TF2#) and close > SMA(#var_TF2#) and
high >
SMA(#var_TF3#) and close > SMA(#var_TF3#) --> open long at market
trade closing logic: (TP/SL/MSL)
if
profit increased to 50% of #TP#, move #SL# to break even.
if
#SL# or #TP# is reached, close open trade.
no money management needed, every trade has a fixed
volume, see 'input parameters'.
expert advisor is needed for MT4.
If you have any questions, please feel free to contact
me.
Thanks for your attention.
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