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Hi dear developers,
I would like you to create an expert with the following settings:
EA based onDaily Pivot- Same as Tradingview indicator: "CPR by KGS"
- Lot Size Management: Can customize;
- Max orders: Can customize;
1. Enter a Trade:
| Status | Rules | Conditions | Default setting |
| (1) Price above Daily Pivot | Enter a Buy trade if: | 1. Distance between Price H4 closed to Daily Pivot: 0-600 points | Default Max Distance: 600 points Example: Price Gold 1601, Daily pivot 1600 (100 point) => Can Enter a buy position. Price Gold 1609, Daily pivot 1600 (900 point) => NOT enter a buy position. |
| 2. RSI: 0-90 | Default Max RSI: 90 RSI from 0 to 90: Can open trade; Over 90 Not open trade |
| (2) Price below Daily Pivot | Enter a Sell trade if | 1. Distance between Price H4 closed to Daily Pivot: 1-600 points | Default Max Distance: 600 points Price Gold 1600 Daily pivot 1605 (500 points) => Can Enter a sell position. Price Gold 1600, Daily pivot 1609 (900 points) => NOT enter a sell position. |
| 2. RSI: 10-100 | Default Min RSI: 10 RSI from 10 to 100: Can open trade; Below 10 Not open trade |
| Other note: If conditions are correct | Always open new positions every time frames | - Can set timeframes - Can set max orders | Timeframe to open new trade: H1, H4 Max orders: 1-20 |
2. Cutloss:
- Can set hard stoploss
- Default Stoploss: 700 points
3. Take Profit:
- Can set Trailing stop to move stoploss timely.
- Default Trailing stop: 100 points
Thank you.
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