Job finished
Execution time 11 days
Feedback from customer
Patrick did a good job. He had to work with my re-painting indicator. The EA he built works as designed and I'm happy with the result. I'll work with Patrick again at some point, I'm sure.
Feedback from employee
Great customer!
Specification
This EA is based on BSTrend indicator.
Indicator changes color to indicate trend changes.
The signal is the color change.
Lime green indicates open a long position.
Magenta indicates open a short position.
Requirements for entering and exiting:
If not trade is open wait for color change.
1. Enter the first trade on the open of the next candle after color change.
a. Enter a long position when color is lime.
b. Enter a short position when color is magenta.
2. At the next color change, close the open position and open a new position in the opposite direction.
Note: See examples in the picture below or attached.
Required elements:
3. Each feature will be used or not used at the option of the user.
4. Stop loss in pips: (in the settings, in need to know if this is entered as a negative number or a positive number)
5. Trailing stop in pips.
a. Trailing stop will be activated after x-number of pips
6. Take profit may be split as follows:
a. TP1: close x1% after y1-pips. (for example, close .1 of the position at 50 pips)
b. TP2: close x2% after y2-pips. (for example, close .2 of the position at 100 pips)
c. TP3: close x3% after y3-pips. (for example, close .4 of the position at 200 pips)
d. TP4: close x4% after y4-pips. (for example, close .3 of the position at 300 pips)
e. If any part of the position is open, it will close at color change.
f. Next position will open as per rules one and/two, above.
Requirements for EA optimization:
7. User will be able to optimize on stop-loss, trailing stop, and all take profit levels.
8. User will be able to optimize on indicator inputs as per picture below or attached.
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