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I have a signal from an excel sheet. Everytime the signal changes, a new .txt file is written (eg. EURUSDSignal1.txt, containing only the number of lots to go long or short. The text files are numbered eg EURUSDSignal1.txt, EURUSDSignal2.txt, EURUSDSignal3.txt
Now I need a simple EA which does the following:
1. Constantly checks if a new .txt file has been written (some 5-10 signals per day)
2. Reads the content of the file (just one number: eg:+/- or Zero
3. Instantly goes long or short the number of lots (P) and creates a take profit of (P+X%) and a stop loss of (P-Y%) on that order
4. If X or Y reached, trade is closed and no new trade opened until new signal comes in
5. If signal goes back to Zero, trade is closed at market
Adjustable parameters: X, Y, P
Suggestions for other ways to get signal from Excel to MT4 are of course welcome.
Code should we well documented.
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