This EA is designed around the NoLagDot indicator. The setup of the EA is simple, I have attached an indicator “NoLagDot” which should be applied to any chart. Please use GBPUSD H1 in this example. The input parameters should be as follows.
Once entered in, the indicator should display a NoLagDot on the chart. Please see the image attached for details. The screenshot is from the following dates 20/03/2018 – 26/03/2018.
The EA should open a BUY/SELL when the NoLagDot has opened a third consecutive coloured dot. You can see in the image attached that at 0800hrs broker time on the 21/03/2018 the first BLUE dot appeared, at 0900hrs broker time the second BLUE dot appeared. The EA should BUY the position at the already decided lot size (according to the settings below) at 21/03/2018 at 1000hrs. The indicator has to show two consecutive coloured dots and then open on the next dot.
Please see the word document attached for a full brief.
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