An Expert Advisor Based on Divergence of Two Oscillators (RSI and OBV)

MQL5 Indicadores Experts

Termos de Referência

I need an EA that:

When a divergence occurs between RSI and OBV on a lower low, the EA picks a SELL trade

When a divergence occurs between the RSI and OBV on a higher high, the EA picks a BUY trade


BUY SIGNALS -

Divergence between the two oscillators.

If there are open Sell Trade(s), and USE OPPOSITE SIGNAL AS EXIT is True, close Sells. Then proceed to buy.

If there are open Sell Trade(s), and USE OPPOSITE SIGNAL AS EXIT is False, Do nothing.

If there are open Buy Trade(s), Then proceed to buy.

If there are no open Trade(s), Then proceed to buy.


SELL SIGNALS -

Divergence between the two oscillators.

If there are open Buy Trade(s), and USE OPPOSITE SIGNAL AS EXIT is True, close Buys. Then proceed to Sell.

If there are open Buy Trade(s), and USE OPPOSITE SIGNAL AS EXIT is False, Do nothing.

If there are open Sell Trade(s), Then proceed to Sell.

If there are no open Trade(s), Then proceed to Sell.


4. SIGNAL DIVERSIFICATION:

The Algorithm shall have the capacity to trade signals from a maximum of 30 symbols on one chart.



5. TRADING SESSION:

An Option will shut down trading program and close open trades at a user specified time on Friday.

An Option will restart the trading program at a user specified time on Sunday or Monday if it was shut down Friday.



6. DATA AND PROCESS REPORTING:

An Option will enable Alerts for trades opened


Arquivos anexados:

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