Trabalho concluído
Termos de Referência
Simple EA required for TDI based trading plus money management.
Full details..........
Entry Rules:
· The TDI green clearly crosses the 50 level and Market Base Line (yellow line). A trade is entered on the opening of the first bar that crosses both 50 level and MBL.
o Parameter required to define how many RSI points is considered a “clear” valid cross. [RSIpoints]
· The potential entry is trading away from the 200 ema (eg if price action is below 200 ema then only take short trades). [EMA]
o Parameter required to the EMA settings and define to disable this feature (true/false).
· Filter to exclude potential trades when the signal candle crosses the above 200 ema (true/false). [EMAcross]
· Trading time filter. There must be the ability to define 4 separate trading times. For example:
o Trade Period 1 = 09:15 – 10:55
o Trade Period 2 = 11:05 – 13:15
o Trade Period 3 = 14:15 – 15:50
o Trade Period 4 = 16:10 – 17:30
Note that the closing of trades can happen at any time based on MM features. And should NOT be defined by the above settings
Money Management
· Initial stop loss options [StopLoss]:
o [Swing] = Set at X pips passed the previous swing high/low on same TF. X is defined by [SwingPips].
o [ADR] = Set at X% of Y day ADR. X is defined by [ADR%] and Y is defined by [ADRdays].
· A feature to close a portion of the trade [InitialClose]. InitialClose = X% of trade when it has achieved Y pips. Eg. Close 50% of trade when +25 pips are achieved.
· When the [InitialClose] has been achieved, set stop loss to breakeven plus spread pips. A parameter to disable (true/false).
· A feature to trail the remainder of the trade [FinalClose].
o [TrailStart] will move the SL from breakeven to X pips
o [TrailSteps] will define the stepped increments that the SL will move by.
· The size of opening trade [TradeSize] defined by X% of account based on potential loss from defined SL. (Eg stop loss is set at 1% of account. If account is £1,500 and SL is 60 pips then trade size is (1500 / 100) / 60 = 0.25 per pip)