I need an EA in mql4
based on the indicators PSAR, Barry´s S&R and SuperTrend.
-EA should trade with
fixed lotsize
-Code should be
clearly commented
- "ordersend
error 130" should be avoided. You could use this routine:
http://goo.gl/sWTWD (or use your own routine)
ENTRIES:
- A long trade is
entered on a new candle when price closed above 200 SMA AND above the blue
supertrend AND next Barry´s S&R is more than Xpips away. If next S&R is
less than X pips away we wait till S&R is broken at close of candle.
- A short trade is
entered on a new candle when price closed below 200 SMA AND below the red
supertrend AND next Barry´s S&R is more than Xpips away. If next S&R is
less than X pips away we wait till S&R is broken at close of candle.
-Re-Entries are
possible if next S&R is more than Xpips away.
Stop management:
-Initial stoploss
should be fixed pips OR Barry´s S&R if its closer.
-When trade is Y pips
in its favor, stoploss is set to breakeven +ZPips
- Stopploss is
trailed via Barry´s S&R OR Parabolic SAR
Closing trades:
- if price closes
across supertrend
- if price cloeses
across SMA
- if price closes
across Barry´s S&R in opposite direction
You´ll find indicators and template attached.
Do you need additional information? Feel free to ask!
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