BMC 100 PIPS

[Apprentice]

BMC_100_PIPS_EA.mq4

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Try this version.

[gyrics]

I request an mt5 version

[Asdac1]

Hi Apprentice, thanks for your prompt response, i truly appreciate your efforts. My observations are that the No trade condition works as expected. The Buy / Sell entry conditions works as expected. But the Close trade on misalignment of 5TF Waddah Attar Explosion as current candle closes on the opposite side of trendline isn't working. I expect that if a trade is running based on the entry conditions being met and it happens that the misalignment occurs as that trade crosses to the opposite side of the trendline, that trade should be closed with minimum loss.

But If the constant recalculations that occur on 5TF Waddah Attar Explosion higher timeframe seem to make it difficult for the close trade condition to latch on, maybe you could limit the close trade condition to anytime an open candle closes on the opposite side of the current trendline.


CLOSE ALL OPTIONS (Addition)
1. Close on opposite signal (True/False)
2. Close open trade upon close of candle on opposite side of current trendline. (True/False) *

[Apprentice]

We have added your request to the development list.
Development reference 721.

[Asdac1]

thanks, am very much expectant

[Asdac1]

Hi Apprentice, in my last response i indicated that this EA could be better if it is based on the option of either following the Onscreen diagram (Trendline Autotrading) or the Signal alerts it produces (Buy/Sell signal Autotrading). Furtherance to that, i would appreciate if a filter is applied to its trade entries to make it work as expected.

BMC 100 PIPS.ex4

SLIPPAGE:
Condition:
If price exceeds (No. of slippage)
Options-
1. No Trade
2. Open Market order
3. Open Limit order
4. Open Stop order

SYMBOLS:
Symbol Specific : True/False
Options -
1. Symbol specific
2. All loaded symbols

CLOSE ON OPPOSITE SIGNAL (VERY IMPORTANT)

SIGNAL MODE:
BUY OPTIONS:
1. Close of 1st candle cross above trendline
2. Close of 2nd candle if candle close higher than 1st candle else no trade
3. Close of 3rd candle if candle close higher than 2nd candle else no trade
4. Close of 4th candle if candle close higher than 3rd candle else no trade

BUY FILTER: 5TF Waddah Attah Explosion

5TF Waddah Attar Explosion.mq4

BMC 100PIPS Buy Condition.png

1. Buy if Buy Candle closes above Buy Trendline while Green Dots per TimeFrame across all 5 time frames align
Or
Buy Signal alert Corresponds with Green Dots per Time Frame alignment across all 5 TimeFrames
Else
No Buy/Close Trade-
1. Green and Red Dots per TimeFrame across all 5 TimeFRames (Mixed Alignment)

No Buy BMC100Pips.png

SELL OPTIONS:
1. Close of 1st candle cross below trendline
2. Close of 2nd candle if candle close lower than 1st candle else no trade
3. Close of 3rd candle if candle close lower than 2nd candle else no trade
4. Close of 4th candle if candle close lower than 3rd candle else no trade

SELL FILTER: 5TF Waddah Attah Explosion

BMC 100PIPS Sell Condition.png

1. Sell if Sell Candle closes below Sell Trendline while Red Dots per TimeFrame across all 5 time frames align
Or
Sell Signal alert Corresponds with Red Dots per Time Frame alignment across all 5 TimeFrames
Else
No Sell/Close Trade-
1. Red and Green Dots per TimeFrame across all 5 TimeFRames (Mixed Alignment)

No Sell BMC 100Pips.png

Hi Apprentice, i must say am very happy to get back to you after testing 3BarsEA only one day not that am done yet but its responding good.
My Final requests on this EA are as follows:

1. TRADING SESSIONS:
a. Use time zone filter (True / False)
b. Ability to manually input time zone
c. Ability to specify 2 (dual) Trading sessions per day (News Time Filter to avoid picking trades during news and resume after)
i.e. Day - Monday
Session 1:
Start - 07:00:00
End - 12:30:00
Session 2:
Start - 14:00:00
End - 21:59:59

2. Add/Enable the following:
a. Break Even
b. Trailing Stop
c. Close Partial


End Time Options:
1. Close all open orders and pending orders after end time
2. Close all profit orders and pending orders after end time
3. Close all losing orders and pending orders after end time

NOTE: After the end time passes, as expected, the ability of the EA to autotrade is disabled but in a situation that for instance either end time option 2 or 3 is chosen and there are still trades running, upon the trend line cross the EA should close the corresponding live trade still running after the 'end time' while the ability to open new trades during endtime is halted until 'start time'.

Good morning Apprentice, please i got a further request to make on this EA here, Please, Kindly add the following as further filter to make this EA as safe as possible to trade live with it.

*UPDATED

BUY OPTIONS:
1. Close of 1st candle cross above trendline
2. Close of 2nd candle if candle close higher than 1st candle else no trade
3. Close of 3rd candle if candle close higher than 2nd candle else no trade
4. Close of 4th candle if candle close higher than 3rd candle else no trade

BUY FILTER: 5TF Waddah Attah Explosion
RSI 14 & SMMA 10 (Apply to: First Indicators data)

Buy:
If
Buy Candle closes above Buy Trendline while Green Dots per TimeFrame across all 5 time frames align and ()RSI > 50, SMMA 10 < RSI)
Else
No Buy/Close Trade-
Green and Red Dots per TimeFrame across all 5 TimeFRames (Mixed Alignment)


SELL OPTIONS:
1. Close of 1st candle cross below trendline
2. Close of 2nd candle if candle close lower than 1st candle else no trade
3. Close of 3rd candle if candle close lower than 2nd candle else no trade
4. Close of 4th candle if candle close lower than 3rd candle else no trade

SELL FILTER: 5TF Waddah Attah Explosion
RSI 14 & SMMA 10 (Apply to: First Indicators data)

Sell:
If
Sell Candle closes below Sell Trendline while Red Dots per TimeFrame across all 5 time frames align and (RSI < 50, SMMA 10 > RSI)
Else
No Sell/Close Trade-
Red and Green Dots per TimeFrame across all 5 TimeFRames (Mixed Alignment)

Good morning Apprentice, please i got a further request to make on this EA here, Please, Kindly add the following as further filter to make this EA as safe as possible to trade live with it.

[Apprentice]

We have added your request to the development list.
Development reference 774.

[Asdac1]

We have added your request to the development list.
Development reference 774.

Hi Apprentice, i just discovered this indicator "MA of RSI" which i feel is better to use for the update as against individual RSI and MA.

MA of RSI.mq4

MA of RSI

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