Very simple EA with one indicator

Indicators used:

3SC (settings must be controlled in the EA)

Order Management

Option pending orders buy stop/sell stop or market order after candle close

Placing orders

First arrow of a new color

Arrow down = Sell

Arrow up = Buy

Pending order

Place Buy stop trade after candle close if arrow of new color shows up. Place Buy Stop x pips (to be determined in EA) above high of signal candle.

Pending order is valid for x candles (to be determined in EA). After closing of candle no. x, pending order is deleted

Sell stop vice versa

Market order

Place Buy or Sell order after close of signal candle

Money Management

fix lot size

% of equity

Trade Management

SL in pips

SL x pips above/below signal candle

TP always in factor of SL pips

For instance SL= 12 pips, TP factor is 1, TP = 12 pips

For instance SL= 12 pips, TP factor is 1.5, TP = 18 pips

For instance SL= 12 pips, TP factor is 3, TP = 36 pips

BE settings with BE after x percent of TP and BE + x pips

Close on opposite signal

Miscellaneous

EA must have 2 trading times, for instance 09:15 – 11:00 and 15:00 – 19:30 broker time

EA must have max spread

EA must work for FX pairs, indices, gold, btc

EA must have magic number

EA must have comments