MTF AAFilter V1 INDY/EA

MQL4 Indicators Experts

Job finished

Execution time 7 days
Feedback from customer
Mike is a absolute credit to MQL5! His communication is 10 out of 10 and attention to detail is of equal quality! Many thanks!
Feedback from employee
Thanks for the interesting project, buddy. :) Have a profitable trading!

Specification

NEW INDY/EA CAllED MTF AAFilter V1  

 EA/INDY must be commented

code remains under our full ownership and will make no reference to any 3rd party.


To run on 4 Hour & 1 HR time frame.

1 HR settings

- 75 MA cross over ASI as per indy we will provide

 

4 HR setting

- 50 MA cross over ASI as per indy we will provide  

 

the MA/ASI indy we have already had coded up! 

 

Trade Filter


- Buy/Sells will be  filtered with the ADX -DI & +DI levels


- Enter Buy trade on buy signal given from ASI Cross Over Indy ONLY IF
DI line on ADX is between 20 - 25
Close trade when DI goes back down and breaches 20 ADX Level.

- Enter Sell Trade on Sell signal given by ASI Cross Indicator ONLY IF 
-DI line is between 20- 25
Close trade with -DI line touch/breaches 20 ADX level

- ADX Must be between xyz & xyz to take initial buy/sell  trade (start with 25 - 40) TRUE/FALSE RULE
- Do not take Buy trade if +DI is above xyz (30 default) true false TRUE/FALSE RULE
- Don not take Sell trade if -DI is above xyz (30 default) true false TRUE/FALSE RULE
- Sell only trades when north of Pivot Line TRUE/FALSE RULE
- Buy only trades when south of Pivot Line  TRUE/FALSE RULE
Pivot line defined by Daily Pivot.
- SELL only trades when price is above Weekly Resistance pivot zones 1,2,3 TRUE/FALSE RULE

- Buy only trades when price is below weekly Support pivot zones 1,2,3 TRUE/FALSE RULE

(Our own custom Pivot indy with our own formula will be provided to coder) 



Trade management

 

Trade entry options -

 

-fixed lot size or free margin / 1000 option ie if $5000 free margin trade with 5 lots. 

give market order when trade signal is qualfied  TRUE/FALSE RULE

Set limit order on 50% level of current candle signal wass issued  TRUE/FALSE RULE

Set lmit order on close price at current candle signal was qualifid  TRUE/FALSE RULE 

 

EXIT OPTIONS 

- Auto closure of Open trades before market close TRUE/FALSE RULE

- When ADX Drops to XYZ level (default 25) close % Of trade TRUE/FALSE RULE

- Close trade on doji/spinning top formation if open trade ADX is above 30 TRUE/FALSE RULE

- close buy trade if +DI goes higher than (default 30) then returns to go below 25 TRUE/FALSE RULE

- close sell tradie if -DI goes higher than (default 30) then returns to go below 25 TRUE/FALSE RULE

 

General options 

 - Only trade during Time/Day Trade rule options. TRUE/FALSE RULE

 - max trades open

- max trades per pair 


 


All trades must be commented with [TF] - [BUY/SELL] - [Rule number for closure] - [Profit/Loss]

 


 

Indicator

 

- Indicator must post alerts and push notification of all trades taken and must push the full trade comment [TF] - [BUY/SELL] - [Rule number for closure] - [Profit/Loss]

- Entry Buy signal/Sell Signal will need to be clearly marked on the charts 

 


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Project information

Budget
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Deadline
from 2 to 3 day(s)