The EA will need identify position entries and take positions based on the following criteria:
1. Identify a suitable entry candle based on specified criteria.
2. Check the preceding candles for 4 criteria on an ‘and/or’ basis.
3. Check the condition of 2 SMAs.
4. Check the MACD for 4 criteria on an ‘and’ basis.
5. Apply position management rules, including:
-Set a defined stop loss
-Set an automatic move to breakdown at a specified pip gain and activate trailing stop loss
-Apply a number of ‘no trade’ times (given as UK local time)
-Use a reference table to make ‘lot size’ and ‘pip gain’ adjustments for each chart – for example, if the EA is set to lot size ‘1.0’ some forex pairs will have a slightly adjusted lot size based on a supplied look up table.
Need it for MT4 Platform. Max Budget is $300