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Specification
Fractals strategy robot
You are going to add the Fractals function to act as trading to my ready EA. All the functions and the indicators which is already in my EA including the trend red lines (copyrighted) will stay the same jut will add this indicator to act as trading function, and you going to show in the setting to be true or false to function or not to function with the other indicators and functions already there in the original EA.
WHAT TO BE ADDED?
Add the normal fractals indicator on all time frames in MT4 trading platform as the following:
FractalsFunction is on = true Then it will function and act together with other functions and indicators if they are true.
FractalsFunction is off = false Then it will NOT act with other functions and indicators in this old EA if they are true.
Buy action: When the lower fractal just appears then do the buy.
Sell action: When the upper fractal just appears then do the sell.
If the 2 fractals appear up and down at the same time then no actions is taking and wait for new fractals.
Also if the trade already started with buy action after the appearance of the lower fractal as example then make new function true or false to make the new buy action if new lower fractal appears after the first one in a roll. We need this true to take new trade action or false not to care about the new similar fractal has appears. I hope it is clear or ask me to explain it more.
Also add; if this second trade happen because of the second similar fractal has appeared (Because we change it to true) then, add the following function; how much in lots or added leverage to be taken in the second trade. So you need to add the (Leverage/Number of lots) existing function over this new trade only (This similar fractal appears in the same roll) only. Noting that; the 2 similar fractals appear in a roll have a big impact on the price direction this is why we need to increase the amount of lots on the new trade, or we if I put false then no actions or new trade because of the similar 2 fractals in a roll.
Functions to be taking under consideration:
This Old EA has the following functions and indicator ready to act:
1- The trailing order is added but it is modified not to act as stop order at all before the price goes to the profit and will close the trade in profit only, means that it will only act when the price goes to profits over the number of points that has been set up on this Trilling Order in the setting, it is already there, no need to modify it or touch it.
2- The Take profit order is already there as well.
3- The Stop lose order is already there as well.
4- The trend line is already there as well.
5- The leverage calculated system is already added there.
6- The number of lot wanted to be trade instead of the leverage trading is already in there.
7- The CCI functions are already added as will and to be feed it manually on the settings.
8- Any other functions do not touch or disturb.
9- There is a function in this old EA to close the trade and re open opposite trade direction when any trade condition is reversing it will reverse the trade is it is true or it will keep it open and start new trade when it is false, therefore please add this new fractals trades to be under this function as well.
Just add the Fractals indicator to be acted as one of the trade taking as the above conditions.
You and I need to make the test on the strategy test visual option to approve it.
Thank you