1.
Overview:
1.1. Description: This EA will take technical analysis data from
local csv folder, even the bar data are for EA Analysis will be also taken from
local .csv file. The EA will take trade info from local .csv file and also
monitor the csv data file in real-time if EA is loaded on Specific Chart and
execute the new trades as it comes.
2.
EA SETTINGS:
2.1. INPUT FILE: Allow user to browse local folder
and select the technical analysis file in .csv format. Once user selects that file, that file will
be monitored in real-time for any new append data and also will use existing
data for future analysis and for back testing.
2.2. Real-time UPDATE: Allow user to enable this by
check mark or by allowing to select yes
or no. If enabled then it will monitor selected input file in real-time for any
changes to the file, if new trade is added in csv file then it will execute the
trade.
2.3. Trade Type: Allow user
to select Buy or Sell or Buy & Sell option from dropdown list.
2.3.1.1.
Buy: Buy signal
is column named B in input file, any value >0 in B column in input
file is considered as Buy Signal.
2.3.1.2.
Sell: Buy signal
is column named S in input file, any value >0 in S column in input
file is considered as Sell Signal.
2.3.1.3.
Both: Both means
it will use both Buy and Sell Signals from selected input file.
2.3.1.4.
EXIT NOTE: For both Buy and Sell Signals exit will be
opposite signal or hitting stop loss or profit taking target is hit.
2.3.2. Quantity: Allow user to set default Quantity
Size for each trade. So if say user sets 10,000 then it will trade .10 lot, if
set to 30,000 then it will trade .30 etc.
2.3.3. Stop Loss Pips: Allow user to set the Stop Loss
value in 5 digit pip value which will be used to execute stop loss incase open
trade goes against it.
2.3.4. Take Profit 1: Allow user to set the Take Profit
value in terms of pip profit, once the trade profit is reached to set target
pip then trade will exit.
2.3.4.1.1.
Profit
Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.4.1.2.
Profit
Target Quantity: allow user to
enter the quantity which it will close.
2.3.5. Take Profit 2: Allow user to set the Take Profit
value in terms of pip profit, once the trade profit is reached to set target
pip then trade will exit.
2.3.5.1.1.
Profit
Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.5.1.2.
Profit
Target Quantity: allow user to
enter the quantity which it will close.
2.3.6. Take Profit 3:
Allow user to set the Take Profit value in terms of pip profit, once the
trade profit is reached to set target pip then trade will exit.
2.3.6.1.1.
Profit
Target Pip: Say it is set to 10 pips then it will use 10 pip gain target.
2.3.6.1.2.
Profit
Target Quantity: allow user to
enter the quantity which it will close.
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