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hello guys I have a custom indicator that coloring 'non repainting’ and I need to build EA based on this indicator line coloring
-==indicator information==-
indicator will be attached to windows 1
windows 1 fixed to two horizontal line value
line (x) colored with DodgerBlue
line (y) colored with DodgerBlue
red line is Bearish or down trend
green line is Bullish or up trend
white is divergence between the Bearish and Bullish
-==Variables==-
line (x) > upper horizontal line level value (x)
line (y) > bottom horizontal line level value (y)
(z) bar > bar count for confirmation
* if z = 0 it will open position after white divergence
-== trade objectives method ONE 1 ==- < attached sample 1>
sell position
if
indicator cross down line (x)
and
indicator red color confirmed by (z) bar
buy position
if
indicator cross up line (y)
and
indicator green color confirmed by (z) bar
close order by breakeven or trailing stop
and wait till next signal shows up
-== trade objectives method TWO 2 ==- < attached sample 2>
sell position
if
indicator red color confirmed by (z) bar
buy position
if
indicator green color confirmed by (z) bar
close order by breakeven or trailing stop or opposite color shows up
and wait till next signal shows up
-==inputs option==-
Lot size, auto magic number
take profit, stop loss, breakeven, trailing stop (values in US Dollars or PIPS 5+ digits)
order arrow, notification (popup, email, sound), bar time,
-==session settings==-
session trade time (Asia (on/off), London (on/off), New York (on/off)
Monday trade (on/off)
Friday trade(on/off)
Time restriction : Trading time period could be defined
EA pairs: “can work for any kind of pairs"
EA time frame: can work for all available time frame
EA open one trade per chart at a time
EA can run full functionality on Back test
EA Activation by password
i'll not share the indicator i need to build this EA fully based on coloring as i described