I need a simple EA for the MT4 based on the MACD and Stochastics.
The EA should have a nice looking design (similar to the screenshot attached) because it will be used for marketing purposes.
I would like to get Buy and Sell signals in the chart with a nice layout.
If a Buy signal occurs (according to the Buy and Sell rules explained below), the EA should display a big green up arrow and the german word "KAUFEN" which means "buy" (similar to screenshot).
If a Sell signal occurs (according to the Buy and Sell rules explained below), the EA should display a big red down arrow and the German word "VERKAUFEN" which means "sell" (similar to screenshot)
Buy and sell rules:
a) Filter: MACD
All standard settings and options of the pre-installed MT4 MACD should be included (e.g. colors, levels...).
Filter long trades: Signal line crosses MACD line upwords (normal MACD buy signal).
Filter short trades: Signal line crosses the MACD downwords (normal MACD sell signal).
User shold be able to set the MACD to a different timeframe than the chart (Multitimeframe).
b) Trigger Signal based on Stochastic indicator
All standard settings and options of the pre-installed MT4 Stochastics should be included (e.g. colors, extreme zones, levels...).
User shold be able to set the Stochastics to a different timeframe than the chart (Multitimeframe).
User can choose between 3 options as follows:
Option 1 :
Long signal = stochastic lines cross and give a buy signal. (normal stochastics buy signal)
Short signal = Stochastic lines cross and give a sell signal. (normal stochastics sell signal)
Option 2 :
Long signal = Only a buy signal in the lower extreme zone is valid.
Short signal = Only a sell signal in the upper extreme zone is valid.
Option 3:
Same as Option 2, but with an additional condition: Stochastic %K line (blue line) crosses %D line and leaves extreme zone.
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