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MT4 EA for 5 Pairs, 1H Only, SMI (Period_Q=5), MFI, Two Positions, 5-Pip Max Spread Timeline: open needing an MT4 EA for OANDA (5-digit, 1-3 pip spreads, up to 5-8 pips during news, 50:1 leverage). Strategy: Five pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD), 1H only. Strategy: - Indicators: SMI (custom, 70/30, Period_Q=5, Period_R=5, Period_S=2, Signal=2), MFI(3), MFI(7), ATR(14). - Sell: SMI crosses <70, MFI(3) reverses <80, MFI(7) falling, spread ≤ 5 pips (adjustable). - Buy: SMI crosses >30, MFI(3) reverses >20, MFI(7) rising, spread ≤ 5 pips (adjustable). - Two positions per trade: - First: TP 20 pips. - Second: TP 50 pips (adjustable via SecondTP_Pips), SL to entry + SecondSL_Adjustment (default +2 pips, adjustable) after 20 pips. - Additional trades: After SL adjustment, allow new trades (any pair, same rules, max 5 open). - Stop Loss: 1.5x ATR (e.g., GBP/USD 35-45 pips 1H). - Risk: 1% ($100 on $10,000), split lots (e.g., 0.17 each 1H). - Optional: Exit second if SMI reverses (>50 sells, <50 buys), no news (NFP, FOMC), max 5 trades/day, close Friday. Needs: - Easy inputs: RiskPercent (0.5-2.0), SecondTP_Pips (default 50), SecondSL_Adjustment (default +2), MaxSpread_Pips (default 5), MaxTrades (default 5). - EA monitors all pairs from one chart. - I’ll provide SMI.ex4 and chart screenshot. - .ex4 file, bug fixes for 2 months. - 5-minute video guide for demo setup. Goal: ~55-62% win rate, 30-60 1H trades/week, max 15% drawdown. Test on demo 2-4 weeks. Please ask questions!
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