Writing of an Expert Advisor

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i would like to add in CCI Color Indicator to enhance the trade entry and exit.


entry : need to fulfill CCI Color and Trend Color (both must same color)- enter on next candlestick;

example for enter: Indicator trend color and indicator CCI must same color (light green "Buy" & red "sell")


exit: 2 choice,

1)one is TP/SL;

2)CCI COLOR "X" Symbol perform or changed opposite color 

-condition : trade must in profit, all sell trade or all buy trade either one side.

** help change also the default TP set 1 instead of 100

**THIS EA I WILL SELL/RENT ON MARKET KINDLY FOLLOW MQL5 REQUIREMENT**

Indicator Study

This is previous explanation for EA Trend Color

EA Function using Trend Colored Indicator:-

Strategy:

Use H4 time frame to get direction (green "Buy/Long" or red "Sell/Short"), execute trade at smaller time frame (User attached EA at M1,M5,M15,M30,H1).

Open Trade explanation :- Candlestick Color " Solid " = Light Green and Red;

                                      - Dark Green or Pink : is get ready for execution;

                                      - "Solid" Light Green = execute/open "Buy/Long" trade (current candlestick);

                                      - "Solid" Red = execute "Sell/Short" trade (Current candlestick);

Close Trade explanation : - If Sell order Hit Target Price (TP), close all sell trade, Same for Buy order, Hit Stop Loss (SL) close all order.

EA Performance:-

1) Can open Multi trade/order  MUST FULLFILL 2 condition or criteria below;

-Trade distance -set by user -default 200 points else faults trade ; 

-Total trade not more than user set -default 10 trades for Buy/Long, 10 trades for Sell/Short else faults trade;

(Remarks-total order add separately (if found buy and sell order in one chart :default setting :buy's trade=10 orders and sell's trade=10 orders))

-  MUST have this two condition,  ELSE faults no open trade.

2) EA Take Profit must include :SWAPS , commissions and spread, example TP set 100, SWAPS 0.03, commission 0.05, EA will close at 108 points or 1.08.

3)Distance description : order or trade in between must must 200 points (default distance is : 200) , Long/ buy order look for last buy open order, short/sell order look for short open order. Else fault to open trade.

4)Multiplier description: always use the last order to multiply, default setting: 1.5.

5)  No open trade or order when last order in profit ; 

Scenario 1- Buy order have 3 trades, 1 of them in profit.  NO ORDER OPEN

Scenario 2- Buy order have 5 trades, sell order have 2 trades, 1 of the sell in profit, non buy order in profit,  NO ORDER FOR BUY ,SELL ONLY.

Scenario 3- Buy order have 2 trades, sell order have 1 trade, 2 of them (Buy and Sell order) have 1 order in profit.  NO ORDER OPEN-BOTH

Panel Display:-

EA Comment ;

Quantity Buy/Long Trade open Vs Max Trade ;

Quantity Sell/ Short Trade open Vs Max Trade ;

Sell Trade : Profit or Loss in currency;

Buy Trade : Profit or Loss in currency;

Chart Display:-

Breakeven Line ;

TP line ;

Stop loss Line ;

EA Input with (Default Setting):

1)Open New Series: True (Faults means no Trading)

2)Trade Buy: True (Faults Means no buy order)

3)Trade Sell: True (Faults Means no sell order)

4)Support Manual Order: True (Faults means only read Magic Number orders)

5)Max Order (SELL): 10 (sum of total short/sell order)

6)Max Order (Buy): 10  (sum of total long/buy order)

7)Order Comment: Trend Color EA (written on each trade open)

8)Start Lots : 0.01 (smallest lot size)

9)Lot Multiplier : 1.5 (use last order to multiply, not first order or sum of lots)

10)Distance : 200 (in between order, Sell vs Sell, Buy Vs Buy)

11)Max Lot :5.0 (Sum of lots, Short + Long)

12)TP : 100 points

13)SL : 0 point

14)Magic EA :0 


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