Create an EA to automatize PipFinite Trend PRO MT5

Specification

I would like to create a EA using the signal provided by PipFinite Trend PRO MT5.


Must be able to trade on FOREX, on brazilian market in miniDolar (BRL/USD) and miniIndice (IBOV).


Need to include on already existent canvas the risk max in % : [(|Entry - Stop loss|) / $amount ]*100

Need to include the financial results of the day and by week. Restart automatically in the end of day/week

Need to include a feature that disable the EA if a drowdown reach XX% in day. XX must be available to be changed. Restating must be done by the trader only.

Need Include the status on current canvas: EA On / EA Off.


How To Trade


Step 1: Trade Setup

  • Enter a signal if Statistics Success Rate is higher than 65% (Statistics Success Rate > 65%).

Step 2: Set Stop Loss

  • Exit buy signal on a new sell signal.
  • Exit sell signal on a new buy signal.

Step 3: Set Take Profit

  • Option 1: Take profit on TP1.


  • Option 2: Partial take profit on TP1 and close remaining position on TP2.


  • Option 3: Take profit on opposite signal or riding the trend until it reverses.


STATISTICS

  • Signals - total number of signals
  • TP1 Hit - percentage of signals that hit TP1
  • TP2 Hit - percentage of signals that hit TP2
  • Exit Win - percentage of signals that did NOT hit TP1 or TP2 and closed on opposite signal with positive profit
  • Exit Loss - percentage of signals that did NOT hit TP1 or TP2 and closed on opposite signal with negative profit
  • Wins - total number of wins
  • Loss - total number of losses
  • Success Rate - percentage of winning trades
MAIN PARAMETERS - controls the indicator algorithm operation.
  • Period - the number of bars used to calculate the trend.
    • Period - 2 to 5 when used in entering trades (Entry Indicator).
    • Period - 6 to 15 when used to filter trades (Filter Indicator).
  • Target Factor - the multiplier used to calculate take profit levels. 
    • Increasing this value will give more take profit but decreases success rate.
    • Decreasing this value will gives less profit but increases success rate.
    • Target Factor - 1.50 to 1.80 for quick trades and scalping
    • Target Factor - 2.00 to 3.00 for long term and trend trading
  • Maximum History Bars - maximum number of bars used.

MISC PARAMETERS - controls the universal settings. FOR DEVELOPER/CODER PURPOSES ONLY.

  • Universal Draw Buffers - Enable/Disable all buffers drawn on chart.
  • Universal Draw Objects - Enable/Disable all objects drawn on chart.
  • Universal Delete Objects - Enable/Disable all objects to be deleted on chart.
  • Universal Enable Alerts - Enable/Disable all alerts to be triggered

DISPLAY PARAMETERS - controls the visibility of objects drawn on chart.

  • Show Trend Arrows - show/hide trend direction arrows
  • Show Entry Arrows - show/hide entry point arrows
  • Show TP Targets - show/hide TP arrows
  • Show TP Hit Line - show/hide TP Hit lines
  • Show TP Tracking Line - show/hide line from Entry to TP
  • Show EXIT Targets - show/hide EXIT arrows
  • Show EXIT Hit Line - show/hide EXIT Hit lines
  • Show EXIT Tracking Line - show/hide line from entry to exit
  • Show Profit - show/hide profit/loss
  • Profit Font Size - text size of profit
  • Visual Mode - Enable 3D colors
  • Charts To Foreground - force charts to be drawn on top of all objects


GRAPHICS PARAMETERS - controls the appearance and colors of drawn objects on chart.

  • Uptrend Line - color of uptrend
  • Downtrend Line - color of downtrend
  • Buy Entry - color of buy entry arrow
  • Sell Entry - color of sell entry arrow
  • TP1 - color of TP1 arrow
  • TP2 - color of TP2 arrow
  • TP Hit - color of TP hit arrow
  • EXIT Win - color of Exit win arrow
  • EXIT Loss - color of Exit loss arrow
  • TP Hit Line - color of TP hit line        
  • TP Tracking Line - color of line from Entry to TP
  • EXIT Hit Line - color of Exit hit line
  • EXIT Tracking Line - color of line from Entry to Exit
  • Positive Profit - color of winning trades
  • Negative Profit - color of losing trades


DASHBOARD PARAMETERS - controls the visibility and colors of statistics found on chart.

  • Show Dashboard - show/hide information dashboard
  • Show Dashboard Background - show/hide dashboard background box
  • Dashboard Font Size - Text size for statistics.
  • Dashboard X-Offset - Distance of statistics horizontally. Increase value to move it to the right (Ex. 100 to 1000).
  • Dashboard Y-Offset - Distance of statistics vertically. Increase value to move it lower (Ex. 100 to 1000).
  • Dashboard Y-Spacing - factor used as row distance. 
  • Dashboard Background X-Size - size of dashboard background. 
  • Dashboard Background - color of dashboard
  • Auto Color Dashboard Background - use the chart background color as dashboard background color
  • Dashboard Text - color of dashboard
  • Auto Color Dashboard Text - use the chart foreground color as dashboard text color
  • Dashboard Buy - color of dashboard buy signal
  • Dashboard Sell - color of dashboard sell signals
  • Dashboard TP Hit - color of text when targets are hit
  • Dashboard Outline - color of dashboard borders


ALERT PARAMETERS - controls the alert options enabled.

  • Enable Pop-Up Alerts - Enable MT4/MT5 box alerts.
  • Enable Email Alerts - Enables email alerts.
  • Enable Push Notification Alerts - Enables smart phone or sms alerts.
  • Enable Sound Alerts - Enables sound alerts.
  • Sound Alert Name - File name of sound alert.
  • Enable Screen Comments - Enable comment on the top right corner of screen.

ADDITIONAL FEATURES

  • to include on already existent canvas the risk max in % : [(|Entry - Stop loss|) / $amount ]*100 -> Based on $amount on the beginning of the day.
  • Possibility to define a time frame for the EA to work. Positions opened before the closing time must be kept open until it reach a new signal or TP.
  •  to include the financial results of the day and by week. Restart automatically in the end of day/week
  •  to include a feature that disable the EA if a drowdown reach XX% in day. XX must be available to be changed. Restating must be done by the trader only, even on the same day. If it`s same day use current $amount as base.
  • Include the status of the EA on current canvas: EA On / EA Off.

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Project information

Budget
30 - 80 USD