I WANT TO MAKE A ROBOT FOR MT4 MQL4 , SIMPLE EMA AND RSI COMBINED CONCEPT

MQL4 Experts Forex

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I WANT TO MAKE TRADING ROBOT FOR  MT4 MQL4 AND EA FILE 

,

ITS SIMPLE EMA AND RSI COMBINED CONCEPT . BUT I WROTE BIG 

I ALREADY DID EA ON MY OWN THE SAME CONCEPT ITS NOT ENTERING THE OPP ORDER IMMEDIATELY AND NO SL AND TP . I JUST TRIED BUT MANY BUG IN ENTRY AND EXIT


MY SIMPLE CONCEPT

EMA PERIOD SHOULD BE ADJUSTABLE AND DEFAULT VALUE = 35

RSI  = 31 PERIOD , AND IT SHOULD BE ADJUSTABLE WITH SOURCE CLOSE ALL OTHER CONDITION WHICH AVAILABLE 

RSI BUY LEVEL = 52

RSI SELL LEVEL = 48


BUY CONDITION

IF CANDLE CROSS AND CLOSES ABOVE EMA  AND THE RSI CLOSE SHOULD BE GREATER THAN THE BUY LEVEL  THEN   "BUY ORDER OPEN"

BUY EXIT CONDITION (MULITPLE CONDITION)

IF CANDLE CROSS AND CLOSES BELOW EMA AND THE RSI CLOSE SHOULD BE LESS THAN THE SELL LEVEL  /OR/  STOP LOSS = DEFAULT VALUE 2$  AND IT SHOULD BE ADJUSTABLE  / OR / TAKE PROFIT = DEFAULT 2$ AND IT SHOULD BE ADJUSTABLE


SELL CONDITION

IF CANDLE CROSS AND CLOSES BELOW EMA AND THE RSI CLOSE SHOULD BE LESS THAN RSI SELL LEVEL    = SELL ORDER OPEN

SELL EXIT CONDITION (MULITPLE CONDITION)

IF CANDLE CROSS AND CLOSES ABOVE EMA AND THE RSI CLOSE SHOULD BE GREATER THAN THE BUY LEVEL /OR/  STOP LOSS = DEFAULT VALUE 2$ AND IT SHOULD BE ADJUSTABLE  / OR / TAKE PROFIT = DEFAULT 2$ AND IT SHOULD BE ADJUSTABLE

 


COMMON CONDITION FOR BOTH BUY AND SELL

IF ANY ORDER OPEN AND STOP LOSS OR TAKE PROFIT HIT THEN IT SHOULD WAIT FOR NEXT BUY OR SELL SIGNAL

IF RSI AND EMA CONDITION MET WITH OUT HITTING SL AND TP THEN IT SHOULD FOLLOW BELOW CONDITION

IF BUY EXIT IMMEDIATELY SELL SHOULD ENTER 

IF SELL EXIT IMMEDIATELY BUY SHOULD ENTER 



OPTION SHOULD BE AVAILABLE 

EMA  AND RSI PERIOD SHOULD BE ADJUSTABLE AND SOURCE WHICH EVER APPLICABLE IN DEFAULT EMA 

RSI BUY LEVEL AND SELL LEVEL SHOULD BE ADJUSTABLE

SL SHOULD BE BOTH IN POINTS AS WELL AS IN DOLLAR I SET AS SL

TP SHOULD BE BOTH IN POINTS AS WELL AS IN DOLLAR I SET AS TP

TRAILING SL



 

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