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I would like to develop an EA on MT4 with stochastic indicator as base for entry and exit trades. the EA will have a control panel.
control panel input:
Buy only/Sell Only
Starting Lot size
Take profit in pips:
CCI or Stochastic parameters:
%K period
%D period
Slowing
Price field
Ma method
top level
buttom level
martingale distance:
martingale multiplier:
martingale take profit:
Close All:
Those are the input i need on the control panel and stochastic must show on the chart also.
EA's trading execution: once i enter all the details in control. if i choose sell only, EA should wait for stochastic to reach over bought and
sell at the starting lot size. EA should close trade
once stochastic touches over sold line or reaches specified take profit.
for the martingale process, once EA opens sell at stochastic over bought, if market goes agianst trade by the distance specified and
stochastic is still in over bought, Ea should open next martingale value. EA will continue this process until stochastic touches over sold
line, then EA must close all open trades automatically.
This is just a simple Stochastic and martingale strategy combined together with few adjusted conditions. Thanks
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