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I would like an EA made based on the following criteria.
Variable Donchian Channel
Variable ATR
TP/SL based on ATR multiple
Period based exit
Variable Lot Sizes
Buy:
A buy is triggered when the price breaks the upper Donchian Channel.
Sell:
A sell is triggered when the price breaks the lower Donchian Channel.
Exit criteria is based on either the price reaching the S/L, T/P level or after a certain number of periods have passed.
Take Profits: based on a multiple of the Average True Range i.e. ATR is 15 Pips and the multiple is 3 so Take Profit would be 45 Pips
Stop Losses: based on a multiple of the Average True Range i.e. ATR is 15 Pips and the multiple is 2 so the Stop Loss would be 30 Pips
Period Based Exit: When a buy or sell is open after a certain number of periods have passed the order is automatically closed i.e. 1 hour time frame and the period is set for 6 hours. After six hours have passed the order is automatically closed at the end of the period.
I would also like the option to choose whether or not to exit based on 1. T/P and S/L, 2. Period Based only or 3. both whichever comes first
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