CREATE A NEW EA

MQL5 Experts

Specification

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Once a strategy, and currencies are set, the EA will start looking to open new positions based on the config of each strategy and will Open a new position when all/or the conditions are meet, which is.

- Tip to understand how it will work: You have 4 containers in which you can add points to one is open sell the other is open buy. The others are close all buy or close all sell.

Condition: Once you reach the minimum amount of points you set in parameters for example there are 100 point cumulated to open a 100 BUY position, and a 20 to open a SELL position,  For example the value it's 70,100=100 and the requested minimum is 100, then a new trade could be opened SOON and then many trades could be closed when it reaches the closing minimum requied for example 100 points.

The expert is cumulating points from the indicators in order to open a trade.

 

You need to convert the EA from mt4 to mt5

 

 

EDITS

 

0.1 More than one trade per candle must be opened with different indicators at the same time so please remove any obstacle in the way.

0.2 Add news MT4 to expert Advisor, I want to see on the panel of the EA in this order last from background, supply and demand,Patern finder, Color Scholastic, Semafor, TLB, Boilinger Bands, Moving Average, Tolerance line, spread line, News indicator after in this order.

0.3 The lots traded must be of 4 types; Fixed lot, percent lot, money management Fixed, and money management percent.

0.4 Place Signal with MAinColor but dont change the name of old.

0.6 Add Three Line Break (TLB) to give points from candle 1 last 3 candles together example: 5+5+5=15 Points 

0.7 Supply and demand need  to resistance give points to sell when ressistance is broken, and when support is broken give points to buy direction

0.8 Expert must have 2 point acumulations one for opening and another for closing trades.

0.9 Add the parameters of all indicators Below configuration and give me the MT5 files in order to check the expert functions

0.10 Place MACD and give the points for example to buy when both peaks of a candle go upside, or sell when both peaks go downside.

0.11 Rainbow Meter is reading the lines stacks from last 7 candles, add a parameter "Rainbow Meter counted candles"

0.12 You must repair Murrey Math MT5.

0.13 Place Semafor MT5 that have only 2 levels level 1 means nothing level 2 means that it give points.

0.14 Repair Color Sholastic because is not showing values and transform it to MT5

0.15 Place Boilinnger Bands that you can find in your MT5 Platform, plus TLB, Ressistance and Support, Delta Force, Rain Meter, MACD found in the MT5 platform, Boilinger bands found  in MT5 platform, Scholastic, Vigor Index found in MT5 Platform

0. 16 Transform Three Line Brea (TLB), Supply and Demands, Signal, Delta Force, Rain Meter to MT5

0.17 When Boilinger Bands is oversold or overbought disable tolerance, spread and moving average.

 

0.18 Add deltaforce, at delta force give X points lvl1 to the direction of the candle if the last candle is bigger than median of the last 3 candles with 100% then give X points lvl2 if is bigger with 200%, give X points lvl3 if is bigger than 300%. Delta Force needs a parameter that change last counted candles without last one "Delta Force Counted Candles"

0.19 Add EUR/USD, GBP USD, NZD/USD, AUD/USD, USD/JPY, USD/CHF, USD/CAD, EUR/JPY, EUR/CAD, EUR/CHF, EUR/GBP, EUR/NZD, EUR/AUD, AUD/NZD, NZD/JPY, CAD/JPY, AUD/JPY, CHF/JPY, GBP/CAD, , GBP/AUD, CAD/CHF, GBPJPY, AUDCHF, GBPNZD, NZDCHF, GBPCAD, GBPNZD, Gold, Silver, Oil, Natural Gas, Dow Jones, Nasdaq, Dax, Cac.

0.20 First modify bears and bulls and change it to show only the values high and low of the candle.

1. When Murrey Math came back from a higher or lower line, the close that transaction if mm have at least 150 points in profit direction (add to parameters MM Activates.) And also add a parameter (Mm percent, which is where it goes like a trailing stop the minimum points needed to close for example you have 300 pips from the bottom to the top take a percentage of 80% and make a trailing stop of 20%. And you also need to respect a condition that says you need at least one blue candle when selling and a red candle is when buying (candle of TLB). 

 

 

2 Tolerance point to peaks(add in parameters peak to be no older than 30 candles). Will allow to open only transactions that are in tolerance zone set in parameters. The tolerance points need to work side to side with moving average, and when moving average is not in tolerance zone it adjust automatically. The tolerance points is chosen by taking the length of the distance between last 1 high and low of level 2,  and is calculated in percent. Attention semafor need opposite poles not one side poles. If tolerance is down on semafor open only buys, if semafor is up open only sells on tolerance zone. Note: when you are in the buy zone only at closing trades,  don't close trades that are bought.  Add in parameters "tolerance waiting time" before it creates a tolerance zone. 

Tolerance applies to opening and closing transactions. Tolerance is created min after lvl2 is seen. and tolerance zone creates after X candles if for example bullpower is stronger than bear power. and when is stronger 2 times it creates obviosly a buy tolerance zone. Two times should have a parameter to be able to change if 2 times is a too large number. The imput values on parameter need to be inverted to create the illusion that when imput number in parameter is highter the force of indicators is smaller, tolerance risk is from 1 to 100 and every 1 equals 2% bigger difference between bulls and bears. Attention in a tolerance zone cancel to create another and a tolerance zone expires after another is created. Tolerance zone starts from semafor till the point where tolerance was created plus number set on parameters example 20% bigger tolerance. The direction of buy or sell of tolerance must be given by semafor, when semafor is above open "tolerance sell" whenis below open "tolerance buy". Bear and Bull Difference must have the same direction with Buy and Sell

 

3 Costum spread that will allow to open only transactions that are below the percentage spread asked by the parameters (Ex 30%). Like tolerance it takes The distance between last Semafor level 2 from high to low. 

4 Moving Average has the role to delay opening trades until buy goes below the moving average line or sell goes above the line. Moving Average must be added well and avoid conflict with Tree line break (must be added as a pending order that waits and ignoring the TLB changes color. Also moving average must refresh every candle without canceling pending orders. The pending order expires after X candles (add parameter : MA expires = 3) 

5. Stop-loss will activate to the highest and lowest point of near peak. Note: stop-loss has one direction and can be disabled in parameters. Last peak can be max 30 candles old and max 150 pips in negative, both must be added to parameters. Stop-loss updates every candle. Stoploss doesnt change with the semafor, while it moves, it changes when a new tolerance zone is created  and only for that trend direction.

6. Maximum drawdown is set by default to 30% after that value the EA doesn't open any trades and the only part still operating is closing current trades. With Semafor two...

 

7. Detect long candles make the medium of the last 4 candles and if last candle is bigger with 200% then cancel the transaction that comes back from a higher line when buying or a lower line when selling of murrey Math.

 

9. Cancel trades on Friday, it stops opening trades with 12 hours before market closes, close all trades Friday night.

 

10. Add to chart stop-loss, tolerance, moving average line, plus murrey Math indice and transaction(opening + close point). When it adds or closes a trade Add 2 buttons One canceling the pending order and one to switch for that chart. The the pending order waits 2 minutes, to close or to open,  this is a condition. 

 

11. When MACD slow plus fast goes with the trend direction double next transaction value, same is with color scholastic when is overbought or oversold. It uses money management score.

 

12. Signals to smartphone, signal when drawdown is near with 5% difference. Signal when the EA detects a long candle ( long candle pair+high+low of the last candle, and signal every X hours with balance, positive trades, negative trades profit %, opened trades, and total lots. Make a sound when it opens or closes a trade. 

 

13. When MACD is active in buy or sell with trend slow + fast MACD show the same direction use tolerance 2 and spread 2 instead of tolerance and spread 1.

 

14. I want to have a line of the stoploss, spread and tolerance 1 or 2 on panel with stoploss, spread and tolerance words above the lines.

 

15. money management that will have the role to select the most volatile pairs, in parameters will be written how many hours to scan for example 24 hours, we need the highest level and the lowest level of the last 24 hours, then will extract the difference between the two numbers high and low, then will (X) with every time a Semafor has been saw, the resulted number will represent the pair.

Money management part 2 ,parameters go below "money management configuration" and you must set a "maximum lots" parameter, MMchanges the value of a trade by points acumulated.  Gold, Silver, Oil, Natural Gas, Dow Jones, Nasdaq, Dax, Cac. is excluded from money management it uses lot fixed, lot percentual instead of money management. Money management are 4 types fixed lot, percentual lot, MM Fixed, MM Percentual, all uses signal 1 to 5

Pair Cash Flow= High to Low X Semafor has been saw

All Cash Flow= X + Y + Z ... 27 Pairs ( add to the hud )

Money Management Fixed = (Pair Cash Flow : 500) X Fixed

Money Management Percentual = ( Pair Cash Flow : 500 ) X ( Total Balance : 100 )

Example 1; If you have 100 points + 15 TLB give more value with 15% to a trade if parameters "Signal 1" = 100(count every 1% after 100 parameter)

Example 2;Use bear and bulls indicators for  and 15m 30m 4h 1d 1 week take the difference in percent between them. 50% difference = 5% More trade value for trade that goes in that direction

Example 3; Use color scholastic for 15m 30m 4h 1d 1week and when oversold or overbought add "signal 3" = 10%, when oversold add 10% to buy, when overbought add 10% to sell.

Example 4; Use the dashboard and add removepoints for every timeframe use "signal 4" parameter for every value.

Example 5; Use Boilinger Bands for 15m 30m 4h 1d 1week and when oversold or overbought add "signal 3" = 10%, when oversold add 10% to buy, when overbought add 10% to sell.

16. Total cash flow of a currency or total can be calculated by total amount of (:) to number of pairs to get one currency cash flow, Cash Flow need to be added to the HUD

 

MAIN PARAMETERS

Lot Type= Money Management Fixed,Money Management Percentual, Fixed, Percentual

Lots Traded =1

Drawdown Max=30

Timelapse =15 min ( From 1min to 1 hour)

Max spread=30%

Max spread2=20% When goes along with MACD

Tolerance =20%

Tolerance2=30% When goes along with MACD

Stoploss=On,Off

Stoploss Max Old=30 Candles

Stoploss Max Pips Negative=150

Color Scholastic2x=On, Off

MACD 2x= On, Off

Signals to smartphone=24 Hours

Money management=24

Close trades on Friday= On, Off

Trade history =50 I will tell you later what those mean

Last trades history=15 I will tell you later what those mean

 

Score trading

 

Min Points Open= 100

Min Points Close=100

 

Advanced Parameters

 

Delta Force Counted Candles=4 in backward

Murrey Math Activates=150 Activates after X pips 

Rainbow Meter counted candles=7 backward

MM Long Candle=4 you need to count for long candle

Moving Average Expires=3

Tolerance waiting time=2

Tolerance Max Old=30

 

Opening Trades.

 

Tbl=5,

Boilinger Bands =50, 

Rainbow Moving =1, 

Color Sholastic =10, 

MACD =45, 

Supply and demand =50,

Semafor =50lv2 0lv1, 

Signal =30, 

Vigor =10

Deltaforce =lvl1 10 , lvl 50, lvl 60

 

 

Closing Trades.

 

Tbl=10,

Boilinger Bands =0, 

Rainbow Moving =00, 

Color Sholastic =10, 

Macd =0, 

Supply and demand =40,

Semafor =lvl240 0lv1, 

Signal =20, 

Vigor=10

Deltaforce =lvl1 30 , 50, 70

 

Money Management configuration.

-/-

Signal 1 to 5

Signal 1 Points = 100

Signal 2 Bear and Bulls = 5 %

Signal 3 Sholastic = 10 %

Signal 4 = Dashboard

Signal 5 Boilinger Bands = 10

 

Configuration (add al indicators parameters) 

-/-

Pairs 

EUR/USD, GBP USD, NZD/USD, AUD/USD, USD/JPY, USD/CHF, USD/CAD, EUR/JPY, EUR/CAD, EUR/CHF, EUR/GBP, EUR/NZD, EUR/AUD, AUD/NZD, NZD/JPY, CAD/JPY, AUD/JPY, CHF/JPY, GBP/CAD, , GBP/AUD, CAD/CHF, GBPJPY, AUDCHF, GBPNZD, NZDCHF, GBPCAD, GBPNZD, Gold, Silver, Oil, Natural Gas, Dow Jones, Nasdaq, Dax, Cac.

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Project information

Budget
30+ USD
VAT (19%): 5.7 USD
Total: 35.7 USD
For the developer
27 USD
Deadline
from 7 to 14 day(s)