I am in need of an EA that take trades and exit them off when certain conditions are met.
I ask the project maker, that I will ask upto 3 customizations after their first draft is checked by me. The customizations might not be needed, but I am making the maker aware of it first hand.
I have attached the picture which shall help.
1. This EA will be in 2 parts - taking the trade, and exiting the trade
2. Taking the trade will have few variable which I will mention later in the project.
3. A trade will be taken when at the start of the candle
a. There is a green arrow on the previous candle - take a buy trade, if there is a red arrow in the previous candle - take a sell trade.
b. after the trade is initiated the second part of the EA will be initiated (which is when to exit the trade)
A trade is to be exited
a. If on the previous candle there is a green arrow - exit the sell trade
b. If on the previous candle there is a red arrow - exit the buy trade
After the trade is exited
Naturally the other part of the EA - which is taking the trade
1. So again if on the previous candle there was a green arrow - take a buy trade
2. if there is a red arrow on the previous candle take a sell trade.
3. once the trade is initiated - other part of the EA will be initiated which is basically when to exit the trade.
So basically this circle will keep going until the set time limit - which is one of the variables.
1. Time to trade (variable) - one of the parameter which can adjust.
2. Stop loss - another parameter which I can change
3. Send message - every time a trade is closed - how much profit was made to be sent
4. Lot size - I can adjust lot size here.
5. Number of trades - here i can adjust, if I want to take more than one trade, as this EA will be on more than one currency.
if you have any questions or need something plz feel free to write a message.