A Trailing Reversal line and a single AMA line EA.

A Trailing Reversal line and a single AMA line EA.

EA Requirements .

The EA opens and closes trades.

It determines trade types, Buy or Sell.

It should work on all time frames and currency pairs.

It should work on all chart types. Line, Bar or Candlestick.

It should work on both account types.  Live and Demo.

The EA has a Trailing reversal line.

The EA has a single Adaptive Moving Average Line.

The EA has different lot sizes available to choose from.

The EA places trade arrows onto the chart.

The EA has a trading clock which sets trading times.

The EA allows a choice of trading days.

I can manually amend the parameters and settings on all the above.

Properties and inputs for EA

Trading clocks and weekdays.

The EA has a trading clock which use military time (24-hour clock) and is set to the brokers’ time.

It is pre-set from 08.01 to 16.59 as default to open and close trades.

However, I can manually change the open and closing trading times.

Furthermore, if it could have a true or false check for the days of the week, I can trade all week or just for one day.

It will automatically close all trades at the pre-set close time regardless of whether the trade is IN or OUT of profit.

I would like to be able to amend the trading clocks time zones and the days for trading.

The Trading clock should be displayed at the bottom right-hand corner of the chart showing the brokers’ time. 

Trade Arrows.

Firstly, the trade arrows are placed on the chart when a trade is made.

A small blue arrow pointing upwards is placed at the trade entry point for a buy trade.

A small red arrow pointing downwards is placed at the trade entry point for a sell trade. 

Lot sizes.

The lot size is automatically set to a standard lot size.

However, I would like to have the ability to change these to other lot sizes, such as a Micro lot or to a mini lot size.

The Adaptive Moving Average Line.

The Long White AMA line default settings are (200,2,30).

The idea here is when Price crosses above the Long White AMA line a Buy trade is made.

When Price crosses below the Long White AMA line a Sell trade is made.

I can manually amend the parameters and settings on all the above. 

Trailing Reversal line.

The Trailing Reversal line works just like the trailing stop loss line but after closing the last trade it opens a new opposing trade immediately.

The Trailing Reversal line is automatically set at 100 points behind trade as default, but I would like this to be adjustable.

If price should head towards the trailing Reversal line, the line remains fixed until price touches the line, and the trade is closed and the opposing trade is opened.

However, if price moves away from the line the line follows price point by point accumulating profit.

I also require a visual aid line on the chart.

I would like the ability to change the distance by the number of points.

Trade direction rights goes to the last line crossed over / under by price either the AMA or the Trailing reversal line whichever was the more recent.