CUSTOM INDICATOR, PSAR, ATR & MARTINGALE EA

1. INITIAL ENTRY
   
• Initial Buy Entry: Buy at the open of the next candle/bar if current candle/bar closes above the PSAR, and there is a THUMBS UP sign.

• Initial Sell Entry: Sell at the open of the next candle/bar if current candle/bar closes below the PSAR, and there is a THUMBS UP sign.

      2. DO NOT ENTER ANY NEW BATCH OF TRADES THE PERIOD/CANDLE AFTER YOU SEE A THUMBS DOWN.

      3. EXIT & MARTINGALE RE-ENTRY:

•           Exit any initial buy trade that falls x(ATR) pips and re-enter a sell trade with y(the initial lotsize). Keep re-entering trades with lotsize of y(previous lotsize) in the opposite direction if trade keeps making loss of x(ATR) pips until profit of z[x(ATR)]pips is hit
  
•           Exit any initial sell trade that rises x(ATR) pips and re-enter a buy trade with y(the initial lotsize). Keep re-entering trades with lotsize of y(previous lotsize) if trades keeps making loss of x(ATR) pips at y(previous lotsize) until profit of z[x(ATR)]pip is hit.                                     
  

    4.  TRAILING STOP.                              Trailing stop starts at [v + x(ATR)]pips in Profit with w pips trailing stop steps                                                                                                                                         Alphabets Above represent parameters and are explained below
1)x is StopLossRatio. It is multiplied by the ATR the entry of trade to get get the pips level to exit and re-enter another trade.

2)y is the MartingaleCoefficient. The lotsize of the previous trade is multiplied by this number to ascertain the lotsize of the current trade within a batch of trade iterations

3)z is the TakeProfitRatio. It is multiplied by pips loss to get the take profit pips target 🎯

4)v is the ExtraPipsBeforeTrailingStop. If one chooses to start trailing after achieving 1:1, they can use this parameter to decide the additional pips

5) w is TrailingStopStep.

Risk Management
1 trade per currency.