Murrey Math EA required.
I already have an MM EA, which draws the lines, and buys and sells
So you will just need to modify this EA.
But i want to add some money management, and also change the rules of entry and exit.
For eg..
I want to sell 3 lots when price moves from blue (8/8) down to red (6/8), with a stop of 2.5MML, and then take profits every 2MML move lower, so at 4/8, 2/8, and 0/8
I also want to have a trialing stop, it should trail by 2MML.
Basically when ever price jumps by 2MML from either the yellow (1/8, 7/8) or the blue (8/8, 0/8), at that point enter in the direction of the jump, place a stop 2.5MML, and trail it by 2MML. Take profits every 2MML move.
Thats It.
Then i need filters for day and time for when to trade and when not to trade. so i may only want to trade between 5:00pm – 3:0am on tues, wed, thurs.
I also want all stops, targets, entry lvls to be variables.
So i may want to test it and say… OK, buy at blue with stop of 1MML, or 0.5MML, or 2MML, with target of 2MML, or 3MML, or whatever
And these couldbe different for each position. So you need to provide the diff variables for each position (three positions all up)
A few other minor things will also be added as we go along.
