Create EA from Set of Indicators

MQL4 Indicators Experts

Specification

1)      BUY-SELL-DETECTOR; IS USED FOR IDENTIFICATION OF NEW TEND WITH A SOUND ALERT. this is used for possible moments of price reversal. RED THUMB MEANS SELL SIGNAL WHILE GREEN THUMB STANDS FOR BUY SIGNAL.

 

2)      SUPER DETECTOR: THIS INDICATOR TELLS YOU WHEN A TREND OR SIGNAL IS WEAK OR FLAT. WHENEVER GREEN LINE IS ABOVE THE WHITE LINE, AND BUY-SELL-DETECTOR GIVES YOU SIGNAL TO BUY OR SELL, JUST FOLLOW THE TREND.

 

 

3)      JOSH SUPPORT AND RESISTANT;  THIS IS USED TO DETERMINE THE SUPPORT AND RESISTANT AREA. THE MAJOR USE OF THIS IS TO AVOID SUDDEN REVERSAL. IT IS NOT GOOD TO TRADE NEAR THIS SUPPORT AND RESISTANT LEVEL. THOUGH SUPER DETECTOR WILL ALO GIVE CAUTION AS WELL. IT IS NOT GOOD TO TRADE NEAR SUPPORT AND RESISTANT, ALWAYS WAIT FOR THE BREAK OF SUPPORT OR RESISTANT BEFORE YOU PLACE YOUR TRADE.

 

4)      TREND-WATCHER: IS USED TO DETECT WHEN A TREND IS ALMOST OVER. WHEN THE TREND WATCHER CAME OUT AND THE NEXT CANDLE BAR DOES NOT HAVE TREND WATCHER, GET OUT OF YOUR TRADE HERE.

 

SUMMARY;

WAIT FOR BUY-SELL-SIGNAL TO GIVE SIGNAL

CHECK IF SUPER DETECTOR GREEN LINE IS ABOVE THE WHIT LINE (DO NOT TRADE IF THE WHITE LINE IS ABOVE THE GREEN LINE)

IF SUPPORT AND RESISTANT IS CLOSE TO SIGNAL LEVEL, DO NOT TRADE, WAIT FOR THE BREAK IN EITHER DIRECTION.

NOTE:

Indicators will be made available to coder

ALL basic features of EA like Risk Managment(auto or manual), TP, SL, BE, Trailing. Trading Time



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