Specification
I'd like an EA that places trades depending on the bars of a Renko indicator. This indicator isn't a custom chart, it just visually represents the pair's price in the form of a Renko chart.
Inputs and rules
• Lot size
• Risk (the lot size will be a percentage of the account's balance)
• Choose between only buying, only selling or buying and selling
• Take profit and stop loss for each trade
• Trailing stop in ticks
• Stop win and stop loss for the day in money
• Choose to place and execute orders when the market is a specific spread or lower. This must be off if the number is -1
• Trading schedule – start trading time and end trading time
• Choose to close positions or not when trading time's up
• Difference between orders and doji candle price – Example: if I'm trading BTCUSD, the EA is buying and selling, this number is 10000, and the last doji candle closes at 105034.40, a sell stop order must be placed at 104934,40. Please read about buy stop orders at the description's end.
• Number of orders – Example: if this number is 5 and the EA is buying and selling, 5 sell stop orders and 5 buy stop orders must be placed. If a sell order is executed, buy ones must be cancelled and vice-versa. For every sell order executed, a new one must be placed according to the "difference between orders" input so the number of orders remains 5. The same applies to buy ones.
• Difference between orders – Example: if this number is 2000, the number or orders is 8 and the first sell stop order is at 105269.10, the next one should be placed at 105249.10, the next one at 105229.12 and so on. If the first buy stop order is at 105469.12, the next one should be placed at 105489.12, the next one at 105509,12 and so on.
Important: if the EA is buying and selling, the placement of buy stop orders depend on the pair's current spread. Example: if the number in "difference between orders and doji candle price" is 10000 and a doji candle closes at 105034.40, a sell stop order is placed at 104934.40, a buy stop order at 105134,40. However, if the pair's current spread is 2400, the buy stop order should be placed at 105110.40 instead.
Interested? Feel free to contact me!
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