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Ea with Aroon Oscilator
This EA must work with Aroon oscilator and with following
properties:
Fixed Lot.
CloseTradeOnOppositeEntry:
TRUE/FALSE ( if TRUE, It would close
an open position after confirmation on the second bar of the opposite oscilator)
if FALSE
it will keep opening positions long and
short every time confirmed by the oscilator.
Balance gain: TRUE/FALSE ( this will only operate with CloseTradeonOppositeEntry=
FALSE)
BalanceProfit=x (
This is variable and it will be the profit you want to have, adding all profits
and substracting all losses in a period,
Example: if the initial balance of the day is $10,000 and x=200, then when adding
all profits and substracting all losses in a period and your balance = 10,200,
it will close all existing positions.
Stop Loss
Take Profit
Trailing stop: TRUE/FALSE
Period
Time Filter: TRUE/FALSE
Operation 1:
Fixed lot = 1
CloseTradeOnOppositeEntry=TRUE
Stop loss=20
Take Profit=40
Period=14
Time filter
It will open buy if confirmed 2nd bar upside 0 and it will
close this trade upon confirmation on 2nd bar downside 0, and imediatly will
open a sell position. And viceversa.
If going upside it
reaches the take profit it will close buy position also if it goes down an
reaches the stop loss, before closing by confirmation of the oscilator and
viceversa
Operation 2:
Fixed lot = 1
CloseTradeOnOppositeEntry=FALSE
Stop loss=20
Take Profit=40
Period=14
Time filter
It will open buy if confirmed 2nd bar upside 0 and it will
open sell upon confirmation on 2nd bar
downside 0, And viceversa. And it will
keep opening positions. This positions
will use also Take profit and stop loss, only if BalanceGain
is FALSE
, if BalanceGain is TRUE then all the open positions will close
when your balance = Balance + balanceprofit ( as I
explain before)
![Aroon oscilator Aroon oscilator](https://c.mql5.com/21/7/Aroon_expl__1.png)
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