An EA request to be made via Custom Indicator

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An EA request to be made via Custom Indicator

Postby samuel84 » Mon Jan 08, 2024 10:09 am

Hi..

I would like for this indicator to be made into a EA.
Not sure, how to explain the entry logic, but I can explain it visually; refer attached file..

The Buy entry should take place at the next bar after the "yellow" arrow up appears, some times there may be multiple "yellow" arrows before a "pink" arrow down appears. Exit of trade(s) should happen at the next bar after the "pink" arrow down appears.

The Sell entry should take place at the next bar after the "pink" arrow down appears, some times there may be multiple "pink" arrows before a "yellow" arrow up appears.Exit of trade(s) should happen at the next bar after the "yellow" arrow up appears.

Hope it's clear, Thanks a lot..

Regards.

The attachment 2.jpg is no longer available
Attachments
2.jpg
Entry & Exit
MA_BBands_V4.3.mq4
Custom Indi
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Re: An EA request to be made via Custom Indicator

Postby Apprentice » Wed Jan 10, 2024 7:14 am

We have added your request to the development list.
Development reference 41
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Re: An EA request to be made via Custom Indicator

Postby samuel84 » Wed Jan 10, 2024 7:20 am

Also, is there a way to ensure the exit of trades based on buy or sell is at a cumulative minimum of BE+1pip (breakeven + 10 points) after the appearance of the respective arrows..?

If this minimum exit criteria is not met, entries should continue on respectively for the yellow or pink arrows.

TQ.
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Re: An EA request to be made via Custom Indicator

Postby samuel84 » Wed Jan 10, 2024 7:41 am

And, for the variables for user to input would be as below:

BE+ ? pips (for the exit criteria if using the arrow)
MagicNumber
Take profit
Stop loss
Lot size

The Take profit and Stop Loss variables are for just in case user want to set a hard TP and/or SL.

TQ.
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