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I want to order an EA based on these :
- The indicator is Stochastic Oscillator (SO) with default setting (5 for %K period, 3 for %D period and 3 for slowing) price method : low/high. method : exponential. I believe this is the default for SO.
- There are 2 options to choose the TimeFrame for the Stochastic Oscillator (SO) in the Input tab of EA. start from M5, M15, M30, H1 and H4.
- The apply method for both SO is closed price of both time frame.
- EA will Open BUY if the SO touch 20 level , in BOTH timeframe that is chosen. and the apply method is the closed price.
- EA will Open SELL if the SO touch 80 level , in BOTH timeframe that is chosen.
- for number 4 and 5 above, If possible, I want to let the user of the EA choose and can input the level of the SO, maybe not 20 and 80, but 15 and 85. or even 10 and 90.
- The apply method for Open Position rules is for the closed price of the both Time Frame. not the running price. (what I mean by this is : even though the SO touch 80 level in the running price of chosen timeframe (lets say m15 and h1), but if the candle of the bigger timeframe, which is H1 is not closed yet, so the Open Position Sell WILL NOT execute. the order must be executed when BOTH chosen Timeframe has touch the level of the SO specified in the input)
- Averaging/distance input is to be set by point. if user input 200 means 200 points.
- Martingle input is to let the user choose exponential number for each open position. 2 means : 1st position 1 lot, second position after 200point ( in the averaging/distance input) is 2lot, and 3rd position is 4lot.
- The user also can set Take Profit / TP in points. 500 means 500points.
- If there are more than 1 positions opened, the 2nd, 3rd, or 4th TP is the same as the 1st TP. (example : the 1st OP is 1.12300 Sell, and the TP is 300 points, distance is 200points. So the 2nd OP is 1.12500, the 3rd OP is 1.12700, but all the Take Profit of those 3 positions are 1.12000)
- User can input the time for trading. The time is server time, the time in Metatrader4. if lets say user input 12.00 until 18.00, meaning that, below 12.00 and after 18.00, there will be no more open position.
- Force Close (in hour) parameter . this is the time to close ALL positions open by hour and counted from the FIRST position open. lets say we put "5" in the Force Close. example : 1st sell is at 12.15, then second sell opened by martingle at 14.00, third position sell is opened at 16.45. by the time of 17.15, which is counted 5 hours after the 1st position opened, then all the 3 sell position is closed even though they havent reach the TP.
- If Position are opened (either sell or buy), then there will be no other opposite position. (example : there are 3 sell position , which have not reach TP or not Force Close, and the SO in both timeframe has reached the 20level, which suggest to buy, but because those 3 positions are not closed/force closed, so the EA will not open BUY position).
- Max Order is the number of max positions that can be opened.
- EA comment : let the user to put the comment.
- Autolot . this is the parameter for the user to make auto lot size based on equity. ( every 100 in equity). so if the user input 0.01, means every 100usd equity the lot size is 0.01, 300usd equity means OP 0.03.
- Fixed lot . if the user doesnt want to choose autolot, can input fixed lot size
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