RSI Based EA/Indicator

The idea is to build an Indicator/EA based on RSI.

Please only msg once you have read the below requirements properly or have full understanding of the below.

Below are the things Indicator/EA will be doing:

1. Drawing Lines on RSI, when the conditions are met. [For example Bullish Divergence, Bearish Divergence, NR & PR]

2. Sending Text + Screenshot to Telegram

3. EA should half position at TP1 and move SL to Breakeven, for TP2.

4. How to calculate TP1 and TP2 #I will explain that later, when development starts.

5. SL's and TP's need to be Invisible [Shouldn't be sent or Visible to the broker] #EA should remember them and trigger when conditions are met.

6. Sending Trade Executions Texts to Telegram [Refer to Below Text format]

====RSI Trade Execution====

Instrument: EUR/USD #This is an Example

TimeFrame: H1 #This is an example

Trade Type: Buy or Sell #This is an example

StopLoss: Price #This is an example

TP1: Price #This is an example

TP2: Price #This is an example

=========================

====RSI Trade Close========

Instrument: EUR/USD #This is an Example

TimeFrame: H1 #This is an example

Trade Type: Buy or Sell #This is an example

PnL: $50 #This is an example

=========================

Note: Above mentioned NR & PR terms and its conditions I will explain to the Developer with examples later when I will move developer to Applicants Stage.

Settings I will need in EA/Indicator:

1. Trades Execution: Enable/Disable # I will disable this, when I would like to Trade Manually and will use this only as an Indicator.

2. RSI Level: From 1 to 100 <Input Condition/Criteria Minimum/Maximum>

3. TimeFrame: DropDown from 1-Minute to Monthly

4. Trade Management Settings: for example SL, TP, Lot Size, Trailing SL

5. In SL I need two types of settings -

a> Previous Candle -

1. High Break [Close Sell Order]

2. Low Break [Close Buy Order]

6. Trade Direction: Drop Down [ 1. Buy Orders, 2. Sell Orders, 3. Buy/Sell Orders ]

7. Trade Strategy: Drop Down [1. Bullish Divergence, 2. Bearish Divergence, 3. NR, 4. PR, 5. NR & PR ]

8. Telegram ChatID:

9. Telegram BotToken:

Feel free to ask questions if you have any.