ADDITIONAL ENTRY CONDITIONS TO EXISTING MT5 AND MT4 EA

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Specification

ADDITIONAL ENTRY CONDITIONS TO PRICE MOVE STRATEGY MT5 AND MT4

1. USE MOVING AVERAGE (TRUE/FALSE): MA VALUE 200
IF THIS IS SET TRUE EA APPLIES THIS FUNCTION TO THE ENTRY CONDITION OF PRICE MOVE STRATEGY; IF FALSE EA WILL NOT USE THIS FUNCTION

BUY ORDER: A BUY ORDER MUST BE DONE ON A BUY CANDLE THAT OPENS ABOVE THE MOVING AVERAGE
           BUY ORDER MUST NOT BE DONE ON A BUY CANDLE THAT OPENS BELOW THE MA

SELL ORDER: A SELL ORDER MUST BE DONE ON A SELL CANDLE THAT OPEN BELOW THE MOVING AVERAGE

           SELL ORDER MUST NOT BE DONE ON A SELL CANDLE THAT OPENS ABOVE THE MA



2. USE DISTANCE BETWEEN PRICE AND MOVING AVERAGE (TRUE/FALSE): INPUT DISTANCE VALUE 200
IF THIS IS SET TRUE EA APPLIES THIS FUNCTION TO THE ENTRY CONDITION OF PRICE MOVE STRATEGY; IF FALSE EA WILL NOT USE THIS FUNCTION

IF THE DISTANCE BETWEEN PRICE AND MOVING AVERAGE IS MORE THAN INPUT VALUE 200 POINTS, EA MUST NOT EXECUTE A TRADE


NOTE: PLEASE IMPLIMENT THIS FUNCTION ON MT5 FIRST; AFTER I TESTING AND CONFIRM IT IS WORKING WELL, THEN YOU DO ON MT4


Files:

MQ5
MT5_EA.mq5
41.4 Kb
MQ4
MT4_EA.mq4
39.4 Kb

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to 1 day(s)