Ea on Renko Chart with Martingale Style calculating the loss for the lots size.

MQL4 Experts

Specification

Hello, I would like to have an Ea that open a position (predefinited in lots that I can choose) when there is the first signal of the indicator ichimomu (attached ) that could be red or green.

And If the take profit is not taken ( i can choose the take profit in pips) (example 4 green 20 pips bar with a green signal, buy signal green 1 lots, for a take profit of 80 pips or 4 green renko bars of 20 pips.) 

I would like to recover the Loss (at example starting from 0.10 lots) when there is the opposite signal ( if the first signal was green and the second is red, when there is the grey signal the signal before continue and it doesn't stop,  at the close of the renko bar) dividing the loss from the first entry example: -60 pips  so at example with the red signal that appear we divide the -60 pips :4 ( the renko bars 80 profit sell or buy that I choosed from the option in the ea.) And now the buy position will be closed with a loss and a sell position opened with incremented lots calculated from -60pips = - 54 0eur :4 = 0,75 lots more or less( for recovering the loss)  opened sell with the same take profit as before of 80 pips.


If it goes 80 pips sell it restart when a new signal re-appear and if there is another loss the ea calculated the total loss example :

the first loss was -60 pips with 1 lots, the second loss is -100 pips with 0,75(when a green signal appear and the sell didn't reach the take profit) so calculating the new buy position is -160 pips :4 ( 4 renko green bars of 20 pips ffor a total of 80 pips) = 1215 eur :4 = 303,75 = 3,37(5) arrotondated for excess.


Setting evolution renko ea 400 pips box for this example, median renko true, fixed open on last close false, filter wrong which true, alert after reconnect false, with 0 offset.

and the basic setting of the cloud matrix montated on the renko chart.


Thank you


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