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Dear Developers,
We have an existing Martingale EA as attached. Please see some possible modification and/or correction of this EA as stated below points.
1. Pipstep - kindly correct or modify the formula of the PipStep in which the purpose of the PipStep that we want is a restriction that there should be no trades to open if the last trade order is within the specify distance of the current price.
Sample: Extern Int PipStep=5 (pips)
Last Order Price (Buy) is 1.36550 & Ask Price is 1.36600 (This should not trade since it is within 5pips distance)
2. Additional code for maximum allowable spread - This is another code to be added as well and indicated in the settings.
3. If the last order price (Buy or Sell) is already blue/positive/currently earning profit, then it should not open another trade.
4. Additional RSI restriction in which it will not open a trade if the RSI is above 70 (overbought) and below 30 (oversold). The trade will just resume if RSI was outside of the said restriction. (Important: Kindly include this in the extern variable settings. A. There should be an option of enable and disable & B. There should be an option of the TimeFrame of RSI)
5. if LotSize was set to .01, it doesn't multiply properly. Kindly correct this code.
6. Kindly check/modify and correct the code on determining the last order price is a loss. (PipSteps should not part of it I think)
7. Include Max Trade
Thank you.
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