Time confirmed renko EA

MQL4 Experten C++

Spezifikation

First of all i expect you to see the "holes" and you help optimize this. AND please tell me if MT5 is better for this job

1) Money Management  

1.01) Shut down all trading if equity loss exceeds *5%* (stop trading until its manual activated again and close all positions and an option for only closing losing positions)   

1.012)when equity are 5% below ballance shut down all trading, not just shut down position but no trading before the EA are activated manually again. 

1.02) shut down all trading if balance loss exceeds *5%* (stop trading until its manual activated again and close all positions and an option for only closing losing positions)  

1.03) Entry with 50 pips stop loss  

1.04) 2% capital risk pr position (so when it hits the stop loss 50 pips loss should be 2%)  

1.05) When the position is green for more than 2 hours, move SL 1 pip above entry price.  

1.06) Trailing stop loss 50 pips  

1.07) prefixed take profit 1:5 risk or at a specific number 72.30  

1.10) when the SL moves 1 point above entry it will be considered 0% risk  

1.12) only trade in timeframe 06:00 –20:00 gmt  

1.13) no trading at a specific date example 20.jan.2018 - time frame 16:00 – 18:30  

1.14) adjust stop loss based on ATR value if above 0,2 (atr value) = 50 pips sl entry, if below 0,2 = 40 pips sl entry based on data from candlestick chart 15 MIN  

1.15) don’t trade close to red political events should it should read the “news” the economic calender and trading should be able to disable for “red” event  

1.16) when a opened trade are moved to green, the system should calculate it as "0" risk and therefor open trades again 

  

ALL FUNCTIONS, NUMBERS, TIMEFRAMES NEED TO HAVE ADJUSTABLE FUNCTION AND ENABLE/DISABLE  

  

2) Entry rules  
 
EXPLANATION OF RENKO CHART I NEED A TIME CONFIRMATION SO FOR EXAMPLE THE PRICE HAS TO BE CONFIRMED X TIME BEFORE WRITTEN ON THE CHART! (go to tradingview.com If you don’t know what I mean) but I also need the original renko setting 

2.01) all entries are based on data both from Renko "15M 0.3" and Renko "3M 0.03  

2.02) all buying can only happen if there's "1" closed green bar on Renko "15M 0.3", vice versa for selling/short (PLEASE NOTE 2.02 and 2.03 should could get combined so both need to be in check, but need option to work separated as well)  

2.03) all buying can only happen if there's a closed bar above moving average 14, vice versa for selling/short (renko "15M" "0.3" price) (PLEASE NOTE 2.02 and 2.03 should could get combined so both need to be in check, but need option to work separated as well)  

2.04) buying signal, so when condition from 2.02 - 2.03 are met, RENKO 3M 0.03 after a correction of more than "1bar" when the bars turn green again, after "2 green" buy (PLEASE NOTE 2.04 and 2.05 should could get combined so both need to be in check, but need option to work separated as well) vice versa for selling  

2.05) Buying signal, condition 2.02 - 2.03 are met, and Renko "3M" "0.03" closes above "moving average 14" (PLEASE NOTE 2.04 and 2.05 should could get combined so both need to be in check, but need option to work separated as well)  

2.06) Buy signal, double bottom / sell signal double top see att. picture for instructions renko 3M 0.03  

2.07) Buy signal, reverse head and shoulder, sell signal head and shoulder, see at for instructions  

2.08) Buy signal, when prices drop and raise again at the "top" at the previous move buy, vice versa for sell. See att for instructions.  

2.09) I want some channel trading on renko settings 

ALL FUNCTIONS, NUMBERS, TIMEFRAMES NEED TO HAVE ADJUSTABLE FUNCTION AND ENABLE/DISABLE  

  

3) Exit  

3.01) when risk reward hits 1:5 based on entry  leave the trade.  

3.02) exit buy trade when closes below MA 14 RENKO 3M 0.03  

3.03) exit buy trade when closes below MA 14 RENKO 15M 0.3  

3.04) exit buy trade when 2 bars closes in sell direction REKNO 3M 0.03  

3.05) exit buy trade when 2 bars closes in sell direction REKNO 15M 0.3  

3.06) vice versa for exit selling trades  

3.07) automatically close after 5 hours  

3.08) prefixed TP for all trades  

3.09) Trailing stop loss day 1 50 pips, day 2 100 pips, day 3 200 pips etc  

  

  

ALL FUNCTIONS, NUMBERS, TIMEFRAMES NEED TO HAVE ADJUSTABLE FUNCTION AND ENABLE/DISABLE  

  

4) general  

4.01) Each trade should have a comment which indicates which parameter the trade opened on. Like "2.07 opened trade"  

4.02) email me at veosnw.gmail.com each time at trade is closed are opened. (the mail should be changeable) 

4.03) for backtesting quality should data be used from more than Renko charts. 

4.04) it need to be encrypted 

4.04) it need licens codes with activating and deactivation with overview over active user by username or etc 

4.05) I need a clear view of active licens codes 

4.05) should be able to use  at every symbol OIL, GOLD, FOREX, INDICES AND EVERYTHING! 

4.06) entry point, exit point and some small text which parametre trickered the trade should be visible on the chart 

4.07) is it possible to recive a sms or email each time EA not are active or a beeing disabled example if my VPS shutdown!? 

4.08) is it possible to recive a sms or email each time a trade are closed or opnened? adjusted etc? 

4.09) is it possible to make i visual image of the patterns which its searching for? 

4.10) I would like to add a possition risk and account risk. for example possiotion risk 0.5% and account risk 5%, then it can open 10 trades before not opnening anymore. if possition risk are 2% and account is the same it can only open 1 trade. 

4.11) email and/or sms if the vps server are shut down 

4.12) is it possible to make i visual image of the patterns which its searching for? 

4.13) it should “write” in the chart each time a trade is open, to show the pattern” and it should make a comment when open and close also 

 

 

 


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