TMA+CG+Martingale EA

[edward101]

Thank you

[nasiraee]

Hi, Is there any Meta5 or Pinescript version of this?

[Apprentice]

We have added your request to the development list.
Development reference 118

[Apprentice]

Try this version.
https://fxcodebase.com/code/viewtopic.php?f=38&t=74609

[nasiraee]

Hi guys, I appreciate your works and attitude for helping us,
Can you create an EA based on TMA+CG and this strategy as below:

When Buy Signal appears:

if slope of upper band is "+" then open a position with X risk (eg 1% of account)
Position Size = if SL hits, Loss should be equal X percent of account(,It depends on broker specification for the symbol and includes spread)
SL = as length of signal candle below low of signal candle By signal candle (candle low - ( high - low of the signal candle ))
TP1 = close 40% of position when price crosses the mid line (move SL of the rest to Breakeven)
TP2 = close rest of position when price crosses the upper band

if slope of upper band is "0" or "-" then open a position with Y risk (eg 0.5% of account)
Position Size = if SL hits, Loss should be equal Y percent of account (Same condition as above mentioned)
SL = as length of signal candle below low of signal candle(Same as above mentioned)
TP1 = close 60% of position when price crosses the mid line (move SL of the rest to Breakeven)
TP2 = close rest of position when price crosses the upper band.

*********************************************************************************************************************


When Sell Signal appears:

if slope of lower band is "-" then open a position with X risk (eg 1% of account)
Position Size = if SL hits, Loss should be equal X percent of account
SL = as length of signal candle upper high of signal candle (candle high - ( high - low of the signal candle ))
TP1 = close 40% of position when price crosses the mid line (move SL of the rest to Breakeven)
TP2 = close rest of position when price crosses the lower band

if slope of upper band is "0" or "+" then open a position with Y risk (eg 0.5% of account)
Position Size = if SL hits, Loss should be equal Y percent of account
SL = as length of signal candle upper high of signal candle (as above)
TP1 = close 60% of position when price crosses the mid line (move SL of the rest to Breakeven)
TP2 = close rest of position when price crosses the lower band

*********************************************************************************************************************

Risk and Position Managing

Daily Stop loss is Z% (eg 5%)

if acccount drawdown (based on new day initial balance) is 2*Z % then stop the strategy for that day.
Maximum open position at the same time is U (eg 3 open positions at the same time which normally should be same side positions)

[Apprentice]

We have added your request to the development list.
Development reference 179

[Apprentice]

Try this version.
https://fxcodebase.com/code/viewtopic.php?f=38&t=74662