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Follow up on HHHLLLLH EA

MQL4 Indicators Experts

Job finished

Execution time 4 days
Feedback from customer
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Specification

ok new things:

1.I do not always want EA to start a trade right after a closed trade
now if setting is false new trade should wait to next HHLL logic show up
so if i start a trade on LL and close a trade on HH the EA should only start a trade on a new HH or LL, if set to false
if set to true it follow the way it trade now
Settings:
Opentrade after closed trade = true or false

2.I do not want the EA to be able to start a short trade if a longtrade is ongoing , then EA can only start long trades, 

and the other way around for short trades.

 Go Long and Short = true or false


3.add new indi (support resistance) i supply

Trading rules:

Example: first HH EA gets ready to make a short trade , EA checks support resitance stregth.
Setting:

Support resistance stregth = X (i would like to be able to define strength)

 So EA first makes the trade when x is true

 

adding setting to this

CloseAllWithOppositeSignal=true;


Support resistance to CloseAllWithOppositeSignal= X


This is the strenght of the support restince to backup when to close a trade when x is true

 

 EA trades on a HH and go short 

market keeps going up and EA starts loosing

[21:08:17] mogens: yes

[21:08:29] mogens: now HH will show again

[21:08:40] mogens: and support resistance

[21:09:01] mogens: so the new HH is opposite of trade

[21:09:33] mogens: so if Close trade on opposite signal of trade = x (support resistance) is true

[21:09:40] mogens: its close trade with a loss

 

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Project information

Budget
10 - 50 USD
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from 1 to 3 day(s)