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Execution time 3 days
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All of these need to be true/false so I can choose to use it or not.
1. Make two of the current conditions multipliers of the atr… (candle min pips, cross min pips….) *look below for a clearer explanation of this…
2. Add in time of day and day of the week (so times I would only want it to trade on, for example I wouldn’t want it trading on Sunday when the markets open and so on so options of when to take trades).
3. Lot size multiplier (I want to be able to have a few options here and would like your help to see what you have done for other ea’s. Like fixed lot size, % of equity, % of free margin, increasing lot size after a loss and so on… I’m open to ideas here)
4. Adding timeframe to my atr multiplier on the take profit and stop loss. As of now I can choose the period for the atr but not the timeframe. So I can let’s just say use the 1 hour timeframe atr value for my multiplier on the 30 min chart and so on.
5. Add in a condition that protects the spread from being higher then atr for TP’s and SL. So for example if spread jumps very high and my SL is atr x2 and spread is higher then SL. I need to protect so that it doesn’t fail to set a sl or tp.
6. Add in a new condition that says if the atr is x high do not enter a trade and also x low do not enter a trade. I want this to have atr period and atr timeframe on it as well. So for example if on the daily timeframe the atr is 200. And I am trading on the hourly. I don’t want to take a trade if I say 200 high atr. Meaning the atr is too high do not enter and vice versa. If atr is too low on whatever tf I choose then don’t enter the trade.
EXAMPLE FOR POINT NUNBER #1 So for example one of my current parameters is if in the last x amount of candles the range (high to low of the candles) needs to be x pips ( candle min pips) in order to take a trade so instead of x pips it would be multiplier of atr (x atr…. For example if I put down 20 candles back and then we do x atr (let’s assume atr is saying 10) it would be in the last 20 candles then x times 10 would be the range for the candle min pips if above that range then it can take the trade.
Cross min pips is similar to that as well but instead it’s the cross candle (I can explain better when giving the job)
So just replacing the candle min pips and cross min pips from a fixed value to a x multiplier of atr to determine the value.
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