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      New EA LOW DD EA

      M Tanaka Iput your bot "EA trend line" on XBTUSD 5 MN but twice.
      2 windows opened.
      Once for TP 2 et once for TP3.

      But just order with TP 2 opened.
       
      Serame said:
      // Moving Averages
      shortMA = ta.sma(close, 20)
      longMA = ta.sma(close, 50)
      // RSI
      rsi = ta.rsi(close, 14)
      // Outside Bar Logic (reversed)
      isOutsideBar = high > high[1] and low < low[1]
      if (isOutsideBar)
      if (close < open and close < shortMA and shortMA < longMA and rsi > 70)
      strategy.entry("OutBarLE", strategy.long, qty=1, comment="OutBarLE") // Enter Long when original would enter Short
      if (close > open and close > shortMA and shortMA > longMA and rsi < 30)
      strategy.entry("OutBarSE", strategy.short, qty=1, comment="OutBarSE") // Enter Short when original would enter Long
      // Calculate Stop Loss and Target Profit for Long Positions
      longStopLoss = strategy.position_avg_price * (1 - stopLossPercent)
      longTargetProfit = strategy.position_avg_price * (1 + targetProfitPercent)
      // Calculate Stop Loss and Target Profit for Short Positions
      shortStopLoss = strategy.position_avg_price * (1 + stopLossPercent)
      shortTargetProfit = strategy.position_avg_price * (1 - targetProfitPercent)
      // Exit Conditions for Long Positions
      if (strategy.position_size > 0) // Long position
      strategy.exit("Take Profit/Stop Loss", "OutBarLE", stop=longStopLoss, limit=longTargetProfit)
      // Exit Conditions for Short Positions
      if (strategy.position_size < 0) // Short position
      strategy.exit("Take Profit/Stop Loss", "OutBarSE", stop=shortStopLoss, limit=shortTargetProfit)
      ```
      ### Explanation of the Strategy and Indicators
      1. **Opposite Entry Conditions**:
      - The strategy reverses the entry conditions. It enters long positions when the price closes lower than it opened and vice versa. Additionally, it checks if the short-term moving average is below the long-term moving average for long entries and above for short entries.
      2. **Indicators**:
      - **Moving Averages (MA)**:
      - A 20-period and a 50-period simple moving average are used to confirm the trend direction. Long entries are confirmed if the short MA is below the long MA, and short entries are confirmed if the short MA is above the long MA.
      - **Relative Strength Index (RSI)**:
      - An RSI with a 14-period setting is used. Long entries are confirmed if the RSI is below 30 (indicating oversold conditions), and short entries are confirmed if the RSI is above 70 (indicating overbought condition)

      Mr.Tanaka can help create an EA using the above strategy please????!!
      Click to expand...


      Mr.Tanaka it seems like you forgotten to reply me here..
       
      I'm slowly finding a good setting. Dear Mr Tanaka, please change the TP treatment of the EA. The indicator shows that the EA gives a partial TP at the TP1 point. Another part at point TP2. And also at TP3. Is trailed from the TP2 point.
      TP3 is therefore closed in profit in any case. I could often see that TP3 was closed between TP1 and TP2. Also because this last part can be closed by the counter signal.
      I hope that was understandable.
       

      Attachments

      tanaka akiko said:
      Please test this EA.
      Low DD with XAUUSD TFH1

      You can also try stoploss =900points

      View attachment 151226

      Below is default set
      08211.jpg
      Click to expand...
      Mql5 file please
       
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