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I would like to build an MT5 EA that can open and close positions automatically based on "Average penetration bars - indicator for MetaTrader 5" parameters/ideas used. (Here is the link of the original version MQL5 code - https://www.mql5.com/en/code/21924 ) The EA should buy or sell only when the criteria behind the coloring the candles is met. i.e. It will buy when the bullish candles changes to blue or whatever color I have set (based on settings of the indicator or the EA) and then exactly when bearish candles changes to red, it will close all open bullish positions and open sell positions simultaneously
Similarly when bullish candles changes to the color I have chosen, it will close the bear positions instantly and open a bullish positions . I will explain more in a video that I will share.
Should have variables for:
Starting Lot size
Number of positions to open
Lot size step Value
Stop Loss at previous support/resistance + or - ATR value (Average True Range)
Take Profit
Trailing Stop
Take a break period
Trading Days etc.
Once you are selected, I will share all details as an example of the Variables I would like to have and their explanation as well as videos showing the chart and how I expect the EA to execute the trades
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