A supertrend ea with:
- martingale that resets back to initial lot size only after a specified number of wins in a row.
- Immediately when I place it on the chart, I want it to check the past signals and determine the current number of
losses in a row according to the set TradeDirection, TakeProfit and StopLoss.
(Look at the historical data to check the past signals and determine the current number of losses in a row
and then update those losses as the chart updates with new data)
- I want it to display the number of current losses in a row on the right side of the chart and reset
the counter if a win occurs.
- If the current losses in a row have reached the set LossAlertThreshold, I want it to show an alert on the chart.
- Close trade on opposite signal.
- Option to show an alert when a new signal occurs, which can be turned on or off.
Example of settings:
// Input parameters
input double Period = 10; // ATR period for Supertrend
input double Multiplier = 3.0; // Multiplier for Supertrend
input double TradeDirection = direction // Trade direction (regular, inverse, buy only, sell only)
input double LotSize = 0.1; // Initial lot size
input double MartingaleMultiplier = 2.0; // Martingale multiplier
input int MartingaleReset = 3; // Reset Martingale after specified consecutive wins in a row
input double TakeProfit = 100; // Take profit in points
input double StopLoss = 50; // Stop loss in points
input int LossAlertThreshold = 3; // Alert after specified consecutive losses in a row is reached
input double AlertOnNewSignal = True; // Alert On New Signal
input int MagicNumber = 123456; // Magic number for trades
*** Include a custom comment, and settings for the font size of the displayed consectutive losses as well.
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