Create an EA which is based on my ADX indicator

MQL4 전문가 스크립트

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Hi, 

a new EA is needed which based on my ADX Bar Indicator, the MQL4 code of indicator is attached


The idea of ​​the EA 

The INDICATOR create BUY signal rules for EA

Check if a BUY or SELL ORDER is acitve, if not, create a new BUY ORDER if enough equity on konto. SL TP LOT (from PARAM menu). 

 --> if a BUY ORDER is already active not set a new BUY ORDER (MAIN RULE only one ORDER can be OPEN)

 -->if a SELL ORDER is already active, this one will be closed(CLOSE RULE through oposite signal) and  create a new BUY ORDER if enough equity on konto. SL TP LOT (from PARAM menu). 


The INDICATOR create SELL signal rules for EA

Check if a BUY or SELL ORDER is acitve, if not, create a new SELL ORDER if enough equity on konto. SL TP LOT (from PARAM menu). 

 --> if a SELL ORDER is already active not set a new SELL ORDER (MAIN RULE only one ORDER can be OPEN)

 -->if a BUY ORDER is already active, this one will be closed(CLOSE RULE through oposite signal) and create a new SELL


>MAIN RULE anytime just one ORDER active

>Trading TIME PARAM will be set in Paramsettings


Rules for CLOSE a ORDER

  • oposite indicator SIGNAL
  • ORon PARAM SL
  • OR if SET  TRAILING STOP
  • OR on PARAM TP
  • ORTIME (END OF TRADING DAY) PARAM


PARAMETER SHOULD BE VARIABLE TO SET 

  • ADX Period from INDICATOR (standard 14)) 
  • ADX TIME PERIOD from indicator (standard 5min)

  • TRADING TIME MONDAY from HH MM to HH MM

  • TRADING TIME TUESDAY from HH MM to HH MM

  • TRADING TIME WEDNESDAY from HH MM to HH MM
  • TRADING TIME THURSDAY from HH MM to HH MM

  • TRADING TIME FRIDAY from HH MM to HH MM

  • STOPLOSS in POINTS standard 0(not active)
  • TAKEPROFIT in POINTS standard 0(not active)

  • TRAILINGSTOP in POINTS 0(not acitve)

  • LOT SIZE ( standard = 1 )





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