Alexav_D1_Profit_GBPUSD
General setup for this EA.
All signals are based on a previous bar open, close and indicators: 2 EMA shift 1, RSI and MACD, plus ATR for Stoploss and Takeprofit
- Buy signal occurs when previous bar
-closed above iMA(Symbol(),0,MAPeriod,0,MODE_EMA,PRICE_HIGH,2)
-RSI >60
-MACD signal line is below 0 or it accelerates up with MacdDiffBuy(see Expert Properties)
- Sell signal occurs when previous bar
-closed below iMA(Symbol(),0,MAPeriod,0,MODE_EMA,PRICE_LOW,2)
-RSI <39
-MACD signal line is above 0 or it accelerates down with MacdDiffSell(see Expert Properties)
- EA generates 4 orders with (this is for Buy orders)
Initial Stoploss = Ask-ism*iATR(Symbol(),0,ATRPeriod,1) (see Expert
Properties for ism multiplier) and
TakeProfit1 = Ask+tpm*iATR(Symbol(),0,ATRPeriod,1) (see Expert Properties for tpm multiplier) for the first order, 1.5,2,2.5 times more for the second, third and fourth orders.
- After the first order reaches the profit goal EA moves all Stoplosses to breakeven. When the second order meets its profit the rest of Stoplosses moves to
OrderOpenPrice()+0.5* tpm*iATR(Symbol(),0,ATRPeriod,1) (this is for Buy
orders) further and so on.
Linear Mode
