Hi all forex traders and EA programmers
,
I stepped on very nice strategy simple, profitable, mobile friendly and does not require full time trading (what else more you wish for than that?!) in this thread: https://www.forexfactory.com/showthread.php?t=830795, and I am using it from while and can tell you its nicely profitable, so I opened this thread wishing coders to step in and create nice EA that will be free for everyone and we can improve it together, please look in strategy thread and here is my details for the EA required:
1. only Make the EA to meet conditions of the ideal engulf candle which as follows:
for buy, engulf pattern should be ideal only as follows:
A. 2nd candle open price is same or lower the close of previous candle
B. 2nd candle low is same or lower than low of previous candle
C. 2nd candle close price is higher than open of previous candle
D. 2nd candle high is higher than high or previous candle
For sell: opposite of buy conditions
2. Take profit: chose from fixed points or risk to reward ratio ( chose from 1:1, 2:1 or 1:2)
3. Break even: on/off, and must be +1 pip from entry, activated after certain pips
4. Stop Loss: either A. fixed: below engulf candle low by number of pips (adjustable) in sell (visa versa in buy) or B. no stop loss but exit immediately if next candle closed below the low of entry engulfing candle
MA: can adjust all parameters
filters: (can be turned off each one)
1. candles above MA, only take buy orders and vise versa
2. Stochastic indicator with default parameters, to not take sell signals below 20 or buy signals above 80

I stepped on very nice strategy simple, profitable, mobile friendly and does not require full time trading (what else more you wish for than that?!) in this thread: https://www.forexfactory.com/showthread.php?t=830795, and I am using it from while and can tell you its nicely profitable, so I opened this thread wishing coders to step in and create nice EA that will be free for everyone and we can improve it together, please look in strategy thread and here is my details for the EA required:
1. only Make the EA to meet conditions of the ideal engulf candle which as follows:
for buy, engulf pattern should be ideal only as follows:
A. 2nd candle open price is same or lower the close of previous candle
B. 2nd candle low is same or lower than low of previous candle
C. 2nd candle close price is higher than open of previous candle
D. 2nd candle high is higher than high or previous candle
For sell: opposite of buy conditions
2. Take profit: chose from fixed points or risk to reward ratio ( chose from 1:1, 2:1 or 1:2)
3. Break even: on/off, and must be +1 pip from entry, activated after certain pips
4. Stop Loss: either A. fixed: below engulf candle low by number of pips (adjustable) in sell (visa versa in buy) or B. no stop loss but exit immediately if next candle closed below the low of entry engulfing candle
MA: can adjust all parameters
filters: (can be turned off each one)
1. candles above MA, only take buy orders and vise versa
2. Stochastic indicator with default parameters, to not take sell signals below 20 or buy signals above 80
Attached Image