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it works on major and minor pairs and XAUUSD.
it should be modifiable specially in the stop loss and breakeven area.
the EA will not open a trade if the signals below are met but it will send a pop up notification in MT4 and send notification in my email and/or just a thought would it be possible
that it would also send a text message to my phone.
it would also send a "special" notification if the signals on 5 min and 15 min timeframe are met and almost identical.
requirement:
heiken ashi
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exponential moving average: 5
shift:2
apply to: typical price(HLC/3)
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RSI:10
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Stochastic: 11/3/3
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Entry time frame: 5min or 15min chart(modifiable between the two)
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rules for short trade signal
1.heiken ashi candle body must be below the EMA5
2.stochastic must be below 80, in bearish crossover & pointing down.(never take a short entry when stochastic is already below 20)
3.RSI must be below 45
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rules for long trade signal
1.heiken ashi candle body must be above the EMA5
2.stochastic must be above 20, in bullish crossover & pointing up.(never take a long entry when stochastic is already above 80)
3.RSI must be above 55
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(I should be able to modify the number of pips where to place the stop loss above breakeven and how many pips away it will take before the move happens.)
after giving a notification ... if there is an open trade on the pair where this EA is attached it would also move all the stop loss to Y pips above entry level of the last trade opened.
for example:
if I go long in GBPUSD @ 1.3000(first entry) and the price moves X pips away from the first entry, move stop loss to Y pips above the entry.
and if I opened a 2nd entry @ 1.3100 and the price still moves to X pips away the 2nd entry level. the first and 2nd entry SL will be moved Y pips above 2nd entry.
the same will happen on the 3rd,4th entry. all the SL from the 1st to 4th entry will be move Y pips above the 5th entry.
there is no particular # of trades that will be taken. as long as a new trade is being opened, all the SL from previous trades will keep moving Y pips above tha latest one.
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