PSAR EA Indicators : Parabolic SAR ( from metatrader trend indicators ) 2 Stochastic Rsi Indicators ( I will provide the indicator ) The EA will open 1 or 2 orders in the same time depending on how is selected in inputs. On each order the EA will risk a percent of the account (EX : Stop loss is 1% of the account) . Take Profit must be set as a multiple of Stop loss ( EX :Risk Reward 3:1 ) or to trail the Psar indicator after the indicator appears in the direction of the trade ( EX : for Buy the Psar indicator must appear under the price) .The trail will start only after the Psar indicator is above the Breakeven point. BUY 1. Psar indicator is under the price. 2. A candle touches the Psar indicator . The EA starts looking for buy orders. 3. When on the candle that makes a New Low one of the 2 Stochastic Rsi indicators or Both indicators are in the range specified in inputs, a buy market order will be placed above the high of that candle. 4. A. If the order is not opened by the next candle and that candle has made a new low, the buy order is canceled and if one of the 2 Stochastic Rsi indicators or Both indicators are in the range specified in inputs, a new order will be placed above the second candle High. B. If the order in not opened and the next candle does not make a new low , the order is moved above its high. C. If a candle has a High higher than the previous candle High but does not open the order, the order is not moved. 5. Stop loss is placed a number of pips below the low of the candle which made the lowest low (with the StochasticRsi indicator in the range specified in inputs) starting from the candle that touched the Psar or a number of pips below the low of the current candle , which one is the lowest from the 2 of them . 6. If the order is closed at Stop Loss and then we have a New Low with one of the two or both Stochastic Rsi indicators in the range from inputs, another order is placed and so on as long as we have a New Low with Stochastic Rsi in the range. 7. If 2 candles have the same low and one of them has the Stochastic Rsi in range, an order will be placed above its high. SELL 1. Psar indicator is above the price. 2. A candle touches the Psar indicator. The EA starts looking for sell orders. 3. When on the candle that makes a New High one of the 2 Stochastic Rsi indicators or Both indicators are in the range specified in inputs, a sell market order will be placed below the low of that candle. 4. A. If the order is not opened by the next candle and that candle has made a new high, the sell order is canceled and if one of the 2 Stochastic Rsi indicators or Both indicators are in the range specified in inputs, a new order will be placed below the second candle Low. B. If the order in not opened and the next candle does not make a new high, the order is moved above its low. C. If a candle has a Low lower than the previous candle Low but does not open the order, the order is not moved. 5. Stop loss is placed a number of pips above the high of the candle which made the Highest High(with the StochasticRsi indicator in the range specified in inputs) starting from the candle that touched the Psar or a number of pips above the High of the current candle , which one is the Highest from the 2 of them . 6. If the order is closed at Stop Loss and then we have a New High with one of the two or both Stochastic Rsi indicators in the range from inputs, another order is placed and so on as long as we have a New High with Stochastic Rsi in the range. 7. If 2 candles have the same high and one of them has the Stochastic Rsi in range, an order will be placed above its low. Skip order : I should be able to select after how many buy or sell orders that meet all the specifications in inputs, the EA will start opening orders. EX : BUY - A candle touches the Psar indicator. On the first candle that made a low , the Stochastic RSi indicators are in range so a buy order must be placed . The price reaches the order so the order should be opened But I selected in inputs Skip order 1 that means that the first order that meets all the specifications in not opened. If I select Skip order 2, the first 2 orders that should be opened are not opened … Stop at profit - true/false - The EA must stop if in inputs is selected if true - i should be able to say after % profit to stop for the day - Ex : for the day the profit is 3% of the account the EA will stop taking trades. Stop at Loss - true/false - The EA must stop if in inputs is selected if true - i should be able to say after % Loss to stop for the day - Ex : for the day the Loss is 3% of the account the EA will stop taking trades