MQL4: Combine 2 indicators and create Automated Expert Advisor

Indicator 1 – BMC 100 PIPS

• When it changes color (red), it must sell.

• When it changes color (yellow), it must buy

  Additional filters

• When it changes color (red) and the candle is opposite (green) it must sell

• When it changes color (yellow) and the candle is opposite (red) it must buy

• When it changes color (e.g.  to red, it must correspond with indicator 2 color on the next time frame, example – indicator 1 changes color to red on 1 hour time frame then the color of Indicator 2 should be red on 4 hour time frame….15min correspond with 30min..etc )

Indicator 2 – MBFX EA indicator (add below as filter)

• When  it changes color (corresponding) at the same time with indicator 1, it must activate buy/sell (e.g. indicator 1 color changes to red and at the same time,  MBFX indicator also changes to red)

Money management

• Take profit should be in pips

• Trailing stop

• Break-even

• Stop loss

• Lot size

• Time and date filter