Specification
I need to copy the mql5 code from the mql5 site and integrate with fibonancy to implement a trading bot for me.
1. Perform calculations to draw 4 Triple Exponential Moving Average lines (source code TEMA -> https://www.mql5.com/en/code/74)
- with span= 100, 200, 500 and 700
- M5 frame
2. Draw Fibonancy lines in frame M5
Conditions for making place orders are as follows
check EMA and Fibo values
- If ema100 < ema200<ema500, if the price is 3* spread from the fibo line, perform a place order SELL
- On the contrary, if ema100> ema200> ema500 and the price is 3*spread from the Fibo line, execute a BUY order.
TP = 2* spread
SL=3*spread
The frequency of entering orders is 5 minutes/time and the total number of orders must not exceed 10 orders
End.
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