Specification
I would manually draw one or more trendline or horizontal line in MT5.
I would manually add description to each trendline or horizontal line for the desired action: Buy, Sell, Close buy orders, Close sell orders or Close all orders.
When a candle touches the trendline or horizontal line, EA should execute the desired action.
The desired action must be only once for a trendline or horizontal line.
There should be some notification on trendline or horizontal line that desired action has been executed.
The trade must exit in the following conditions.
1) For long Trades: If any candle closes below the buy order trendline or horizontal line price—regardless of the candle's color—the trade should exit immediately.
2) For short Trades: If any candle closes above the sell order trendline or horizontal line price—regardless of the candle's color—the trade should exit immediately.
(Note: The EA should have the parameter to enter the maximum loss level in USD at which the EA must hold the losing trade without exiting. Default should be 0 USD)
Currency Pair - As per Current chart
Adjustable lot size (Default .01)
Adjustable SL in USD (Default- 0)
Adjustable TP in USD (Default- 0)
Set BE at desired profit level in USD.
Lock Profit level in USD on BE. (Default- 0)
Set Time based BE (Default- 0 minutes)
Set BE fulfilling both profit level and time based conditions. (Yes/ No)
EA must be bug free. Final source code must be provided to the customer.
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