De Marker and Parabolic Expert Advisor
I need an expert advisor to be designed on two indicators:-
1. De Marker Trend Lines.
2. Parabolic SAR
De Marker Trend Line
It automatically draws trend lines (green and red) and break out of these lines indicates whether it is a buy signal and a sell signal.
Parabolic SAR
It is a single dot which appears either above or below the candle stick and it is to be used for confirmation and stop loss only.
Buy Signal
When the candle breaks and gives a closing above the green line, the system will open a buy trade at the opening price of the next bar provided it is confirmed by Parabolic SAR.
Confirmation by Parabolic SAR
If Parabolic SAR appears below the candle stick then the system should open a buy trade or else ignore that particular trend break out.
Target
Target is going to be the horizontal green line.
Stop Loss
Stop Loss is going to Parabolic SAR value.
Sell Signal
When the candle breaks and gives a closing below the red line, the system will open a sell trade at the opening price of the next bar provided it is confirmed by Parabolic SAR.
Confirmation by Parabolic SAR
If Parabolic SAR appears below the candle stick then the system should open a sell trade or else ignore that particular trend break out.
Target
Target is going to be the red horizontal line.
Stop Loss
Stop loss is going to be the Parabolic SAR value.
Other Features
1. The risk reward ratio should at least be 1:1 (user defined)
2. Lot Size Calculation option based on risk %.
3. User Defined stop loss, take profit and trailing stop loss.
4. Option to only trade at specific times like (Europe Opening time, US Opening time and Asia Opening Time)
My Budget is $50 for this project and any bid above the budget will be ignored.
I am attaching the two indicators that will be used in the expert advisor.
For any further clarifications please feel free to contact me.