EA based on Marketplace Indicator MT4

MQL5 Experts

Job finished

Execution time 22 hours

Specification

I have an indicator although I do not own the rights to it. it was purchased from the Marketplace.

1, is it possible to create an EA that operates from this indicator?

2, the indicator produces 3 signals and only upon each being present is a trade initiated. The first signal is the large arrow (it repaints). The second signal is the large dot (followed by small dots, this is the SL and also repaints). The third signal is the opening of the trade upon the closure of the candle and does not repaint.  

3, the ability to ignore the first signal (large arrow).

4, the ability to set trading session times.

5, the ability to close all trades at the end of the session or let run until completion

6, the ability to set trade size based on SL, % of account (1,2,3,1.5%) or fixed lot frasde size.

7, on opening of the trade (signal at close of candle only) the SL is to be set at the large dot (followed by the small dots) and the lot size of the trade is based upon the distance to SL and the % of account previously set above.

For example 50 pip SL=1% of account loss, 77 pip SL =1% of account loss, 21 pips SL=3.5% of account, lots adjusted accordingly.

8, the ability to set TP based upon SL, 1:1, 2:1, 1:0.8.

9, the ability to open only one trade at a time (previous trade to be closed in either profit or loss) or open all trades and let them run to completion.

10, the ability to stop trading for the day based upon account size increase % and close all if basket of trades reaches account size increase % from daily trading start.

11, the ability to set a BE at so many pips in profit and the ability to set BE +(1,2,3,4,5 pips).

12, the ability to set a trailing stop and the ability to set the trailing figure.

I hope that I've conveyed my requirements correctly.

Kind regards

MJ


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