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No indicators only based on price PIP movement only.
Full step by step bullet points, functionality and toggle instructions For this Follow the Trend EA Robot
1. I would like to confirm that this EA Robot will work with Bar Charts, Candle Sticks and mostly of all work with Line Charts which is what I use 98% of the time. I would like to be able to see every visual aid this Robot has to offer on any Mt4 visual representation that Mt4 shows on their Webpage.
2. I would like to make sure a toggle is created to set the exact entry times for start up and closing time for all bets winnings and loses so the toggle should have time settings I could set the beginning day trades to start at the exact time each day when the Forex Exchanges start their day. For me the Forex Exchanges all begin at 4PM (1600) PM Pacific Standard Time my time. This is a very important toggle for this strategy to work. And the second toggle below should also allow me to have my trading day end 23 hours and 55 minutes later or 20 hours and 55 minutes later if I decide I want to avoid the swap fee at (155PM) (1355) Pacific Time Zone. So the Robot should start its trading day (by default) at 4PM my time Pacific Standard Time Zone and stop or cancel all plays and bets at (155PM) (1355) or (355PM) (1555) Pacific Time Zone
3. I would like all trades even winning ones to stop at the end of trading day (1355) (1555) Pacific Time Zone.
4. I would like all toggles to allow me to play with different PIP amounts and the 15 PIPS lose or 60 PIP wins would be set as an original default setting.
5. I'm requesting and getting from the developer all the source code and any license controls along with anything else that would normally come with a new created EA
6. 1 would like a toggle that will cancel all bets after 1, 2, 3, 4, 5, 6, 7 or even 8 (15 PIP) loses in a single day. So if I want to I can limit my maximum potential total lose for any one particular day.
7. I would like to see right on the Forex screen itself how many times or rounds I’ve lost 15 PIPs for the day and be able to turn a toggle on or off and be able to place this information on any of the four corners of the screen.
8. I would like a very easy to see bullet point that says BUY or SELL connected right on the Forex screen as it turns direction towards the new trend after the 15 PIP lose or after the 10 PIP starting point with lines of red shorting downward and green longing upwards I would like this to show each point of reversal from continuously losing 15 PIPs till the final big 60 PIP win that ends the game for that day.
9. I would like the toggle to change the readout on the screen to be able to change from point to PIPs or back to points. And I would like the default to always be in PIPS not points.
10. I want to be able to save every toggle that I set the robot to as my own personal default so I don’t have to always go to a saved file to pull up the EA for each exchange that I would like to play that particular day. But I still would like to use that save and load feature so I can save multiple toggle combination.
11. I would like a toggle to tell me exactly how many times I’ve lost (15 PIPs) In each one particular day.
12. I would like for a 60 PIP win or 15 PIP Loss to be changeable to any amounts for example I might want to play (10 PIP lose) and a (100 PIP win) instead.
13. Especially for back testing or live playing I would like a toggle that would allow continuous playing non-stop day after day without an end that would still be able to cancel all bets right at the end of the day and again resetting itself starting a brand new play at the very beginning of the next day after of course waiting for the 10 PIPS to come out first in order to tell the robot which way the direction of the trend is going. So it can bet that same direction,
14. I would like a 10 Pip or 20 Pip or whatever I set it to trailing stop toggled to be set on or off in the EA
15. I do not want any add on items quoted after we agree on the price to do this. If you want to add any extra services to the specified contract of this deal. Please explain it to me before any work is done and I must agree to it.
16. This Mt4 EA robot should easily work with every Forex exchange combination. Any Mt4 back testing, And should always be able to work and link with every broker that uses Mt4 as a demo account and/or live real money account.
17. Please feel free to modify or combine any of these suggested toggles to something better or add any additional toggles you might think would be helpful to my overall strategy with this EA robot.
Summation of this EA’s Robot Playing Strategy
First the Robot starts on the first minute of each Forex Exchange day. Secondly the Robot waits for the first 10 Pips before doing anything (No plays or bets are made) (This is to show the Robot what to determine the directional trend of that Exchange might be that I’m playing on is going) If those 10 pips at the start of each Forex day goes up then the 1st trade for the day is up. If those same 10 pips go down the robot places its first bet to go down. (If those 10 PIPs take 2 minutes or 5 hours the Robot waits. After the 10 Pips finally come out. Let’s say the Robot bets up. and instead of the exchange going up the exchange goes down. In that case as soon as the exchange drops or goes down 15 pips the robot would cancel that bet and immediately place another bet to go down. If again the exchange reverses again and goes up and I lose another 15 pips going up so that bet would be canceled and the robot would immediately place a new bet going down again. I never lose more than 15 pips at one time. There is no progression of betting. Each daily bets always stay level all day long. For example: Let’s say I Lose 15 pips again I lose another 15 pips and again I lose another 15 pips and then I win 60 pips. In this example I would have lost 15 pips 3 times in a row and won 60 pips once and by this logic I am still ahead 15 pips for that day. So when I win 60 pips I'm done for the day and the robot shuts down till the next beginning start of the new day. Where again everything resets and the Robot once again waits for the 10 Pips to come out before the Robot plays any practice money or real money. So I can lose 15 pips over and over again but I only have to win a full 60 pips to end the game for that day. If I never win 60 pips then I lose 15 pips over and over again until the end of the day even if that means losing 6 or 7 or 8 times in a row back to back as the robot continues to switch to the new trend direction of the bet as I lose 15 pips continuously. Any questions about anything please ask me. Don’t forget you can always look at the snippet pictures I sent to you as well.
