Specification
Hi
I would like to add entry parameters and exit conditions to my Trend_L_EA_V3. This EA is based for its entries so far on pipfinite trend laser and upward reversal indicator and has multiple exit strategies.
I want to add the trend monitor indicator to my EA and use it for entries and exit. As for the pipfinite trend laser indicator the Use of trend monitor must be optional so that i can use it or not as buy or sell entry bur also for exit. i will transmit the files of
the EA will be as soon as the job request is accepted.
A-Buy or sell entry using the trend monitor indicator (use must be optional)
one more buy entry parameter to be added: buy when the trend monitor indicator signals an uptrend (green arrow); this buy entry is only valid if there is not already a buy position opened by the pipfinite trend laser.
The buy entry parameters becomes then:
Buy entry
1- Buy when Pipfinite trend laser become blue
OR
2- Buy when the trend monitor indicator signals an uptrend (green arrow)
OR
3 - An upward reversal arrow shows
And
4- If price is above simple moving average(period must be adjustable)
One more sell entry parameter to be added:Sell when the trend monitor indicator signals a downtrend (red arrow); this sell entry is only valid if there is not already a sell position opened by the pipfinite trend laser. In this way only one sell entry per symbol is possible.
The sell entry parameters becomes then:
Sell entry
1-Sell when Pip finite trend laser become red
OR
2- Sell when the trend monitor indicator signals a downtrend (red arrow)
OR
3-A downward reversal arrow shows
AND
4- If price is below simple moving average(period must be adjustable)
B-Exit parameters using the trend monitor indicator (use must be optional) to be added to the other exit strategies already in the EA
Exit buy when there is an opposite signal(sell) given buy the trend monitor
Exit sell when there is an opposite signal(buy) given buy the trend monitor
Exit parameters become
Buy exit ( I must be able to choose among the exit parameters which one i want to use)
1-RSI(adjustable period) crosses above nominated value (nominated value must be adjustable)
2-Pipfinite exit buy scope shows
3- A downward reversal arrow shows
4- Pip finite trend laser become red
5- Exit buy when there is an opposite signal(sell) given buy the trend monitor
Sell exit ( I must be able to choose among the exit parameters which one i want to use)
1-RSI(adjustable period) crosses below nominated value (nominated value must be adjustable)
2-Pipfinite exit sell scope shows
3- An upward reversal arrow shows
4- Pip finite trend laser become blue
5- Exit sell when there is an opposite signal(buy) given buy the trend monitor
I will transmit the ex4 and mq4 files as soon as the job request is accepted
This is screeshot of the trend monitor (the red arrow under the blue rectangle): https://charts.mql5.com/14/220/usdjpy-m30-fx-choice-limited.png