I need ready pip finite trend pro EA..
How EA will works with Pip Finite Trend Pro V.3 ( MT4 )
Step 1: Trade Setup
Period - (Pip Finite Trend Pro) I would like to change it for pairs
Target Factor - ( Pip Finite Trend Pro ) I would like to change it for pairs
Maximum History Bars - ( Pip Finite Trend Pro ) I would like to change it for pairs
Set Lot size for TP1 and TP2
Choose SUCCESS RATES- Open order if Success Rates is higher than the input parameter. One is for TP1, the second is for TP2
Magic number - should be different. if I am trading on the same pairs also for different pairs.. At the same time I should trade many different pairs.. 28 pairs at the same time.. Also EA settings can be different for each pairs..
Max Spread
Timeframe - Choose TimeFrame
Step 2: Stop Loss ( all options must be optional )
Before All Options.. If there is a new signal; Close trade..
Option 1: Close buy signal on a new sell signal and Close sell signal on a new buy signal.
Option 2: SL needs factors. One is For TP1 and The second is for TP2. Use TP1 and TP2 from Pip Finite Trend Pro. But there is not any SL levels on Pip Finite Trend Pro. So We need SL levels..
Examples;
SL Factor for TP1 = 1.2 ; SL = 1.2 x TP1
SL Factor for TP1 = 1.5 ; SL = 1.5 x TP1
SL Factor for TP2 = 1 ; SL = 1 x TP2
SL Factor for TP2 = 1.7 ; SL = 1.7 x TP2
Option 3: points value
Step 3: Take Profit
Option 1: Take profit on TP1. ( only TP1 ) ( success rate must be ok for TP1 ) ( SL come from step2)
Option 2: TP1 + TP2 - Firstly Open Trade for TP1 ( but the success rate must be ok for TP1 )(SL come from step2). If the Price is hit TP1 ; at the same time open second trade for TP2. ( but the success rate must be ok for TP2 )
Option 3: TP1 + TP2 - If the success rate is ok for both of them. Open trade TP1 and TP2 at the same time (SL come from step2 for TP1 and TP2 ).. if the Price Hit TP1, Change the SL level to opening trade price. And continue for TP2.
Option 4: Take profit on TP2. ( only TP2 ) ( success must be ok for TP2 ) ( SL come from step 2)
Option 5: Take profits on opposite signal. ( there is SL level too) but There are not TP1 and TP2 here ). Profit is just Opposite signal.
Step 4: Multi timeframe
Use multi timeframe strategy. ( It must be optional )
Higher timeframe is uptrend, only open buy orders on lower timeframe.
Higher timeframe is downtrend, only open sell orders on lower timeframe.
please visit www.mql5.com/en/blogs/post/713938
Step 5: Show Profit-Lost ( It is also for test )
Show Current Profit-Lost ( on trade profit-lost ) ( spread can be used on current )
Show Historical Profit ( on step1 maxiumum history bars profit-lost ) ( spread can be use on current )
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