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Update to existing Trend EA

MQL4 Indikatoren Experten

Spezifikation

 

UPDATE 1: Follow-Up Trade Entry Update
-----------------------------------------------------

The idea here is to trigger further buy trade/notifications after the initial indicator buy/sell signal is triggered in the direction of the trend. For the below, Infinit_y Trade Entry on the EA will be in an enabled position. 

[BUY]
i. Current trend = BUY/Blue line
ii. Candle close price >= signal entry.
iii. Candle close price is <= 25% of the range between the signal line and the take profit line

[SELL]
i. Current trend = SELL/Red line
ii. Candle close price <= signal entry.
iii. Candle close price is >= 25% of the range between the signal line and the take profit line

EA Setting: TradeRe-entry: Trade/Trade & Alert/Alert Only/Disable

Example:

The bearish candle with the vertical dashed red line below fits the criteria. It is within the Signal entry line and the 25% line. Notice the 25% line is 25% of the difference within the signal entry line and the take profit line. The new trade will use the EA's existing TP & SL settings.

 

UPDATE 2 - Multi Timeframe Trade Filter
----------------------------------------------------
All BUY trades on the EA should only be opened if the Candle on the Filter Time frame last closed above the trendline on the filter timeframe. i.e. if the filter timeframe is H4, before opening any buy trades the EA confirms the last H4 candle closed above the H4 trendline. The reverse for sell. 

EA Setting: Multi Timeframe Trade Close (1 min - 1 month)


UPDATE 3 - Filter TF CLOSE 
------------------------------------
Identical to Update 2 above, this applies to close. When enabled, close any open buy trades when the Filter time frame candle closes below the filter TF trendline. The opposite for sell.

EA Setting

MTFCloseStatus = Alert, Alert & Trade, Trade Only, Disable 


UPDATE 4

-------------

Ensure the other close features in the EA work. For reference see job 'https://www.mql5.com/en/job/115050'


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