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I have a project and I was hoping you'd be able to do it . Basically is it possible to make an MT4 EA that will enter me into a trade (based on price action, stochastic value, and atr) with a lot size equivalent to 3%-5% of my equity (rounded up to the nearest .01)?
Specifically, there will be no exit strategy. Once it enters the trade I'll manually exit. Entry is based on Price Action, Stoch, and ATR value. Lot size is a percentage of my account (I want to be able to adjust from like 1% - 10%). Additionally, upon entering trade a stop loss should be set. Enter no more than once per condition per time frame. I want to be able to adjust stoch and atr values.
Support = 2*((High of previous candle+Low of previous candle+Close of previos candle)/3)-high of previous candle
Resistance = 2*((High of previous candle+Low of previous candle+Close of previos candle)/3)-low of previous candle
Details.
Two buy conditions:
Buy condition 1:
- If ATR is equal too or above 10pips
- Support established by previous candle hasn't been hit
- Current price above high of previous candle
- Previous candle is red (open higher than close)
All four condition met = BUY
Buy condition 2:
- If ATR is equal too or above 10pips
- Support established by previous candle hasn't been hit
- Current price above open of previous candle
- Stoch value greater than 90
- Previous candle is red (open higher than close)
All five conditions met = BUY
Two sell conditions
Sell condition 1
- If ATR is equal too or above 10pips
- Resistance established by previous candle hasn't been reached
- Current price below low of previous candle
- Previous candle is green (open lower than close)
All four conditions met = SELL
Sell condition 2
- If ATR is equal too or above 10pips
- Resistance established by previous candle hasn't been breached
- Current price below open of previous candle
- Stoch value less than 10
- Previous candle is green (open lower than close)
All five conditions met = SELL
Finally every time it enter a trade I want an audio file that say lerrrroyyy jenkins.
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