Modify Risk Indicator (explained)

MQL4 Indicators

Specification

I need to modify this indicator: the indicator uses the stop loss of each trade to calculate the risk of an entire basket of trades.

instead of using just the stop loss, i need it to calculate the risk of each trade using the following formula

LONG TRADES = ((Ask - Weekly Low) + (Weekly ATR - (Weekly High - Weekly Low))*multiplier)   - the default multiplier value must be 1 -

SHORT TRADES = ((Weekly High - Bid) + (Weekly ATR - (Weekly High - Weekly Low))*multiplier)   - the default multiplier value must be 1 -


  • Please note that the timeframe must be customizable, so if the indicator is in a Weekly chart it must use Weekly highs/lows/ATR, if the indicator is in a Daily chart it must use Daily highs/lows/ATR and so on...
  • The calculation above must be refreshed on each tick and the indicator must send me a mail each day at 07:00 specifying the projected max risk of each trade and of the current basket of trades, the report must also include the total negative/positive profit in percentage of all the trades


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Project information

Budget
15 USD
VAT (22%): 3.3 - 3.3 USD
Total: 18.3 - 18.3 USD
For the developer
13.5 - 13.5 USD
Deadline
from 1 to 2 day(s)