Level Ea

MQL4 Experts

Specification

Hey there ,

Level Ea.

The ea will be based on CHT_Value chart indicator. İt s not difficult ,but the ea must be precise.
This ea will be coded on the general levels of the indicator ,not overbought or oversold levels.
Sometimes i will change levels and  will change some inputs value of the indicator according to needs of settings for different timeframes.
So that the ea will  be flexible and applicable to different values of the indicator. 


Buy / Sell directives 
Buy when the cht_value bar touches "the buy_level" or fall below the level.  After a loss ,a new trade will not be opened for 5 bars even it meet the conditions.
 Ea should wait five bars from the loss closed bar.
İf profit trade we dont need to wait any bar .

Sell when the cht_value bar touches "the sell_level" or rise above the level.  After a loss ,a new trade will not be opened even it meet the conditions.
Ea should wait five bars from the loss closed bar.

The inputs:  "the sell_level,  the buy_level, VC_NumBars, Lotsize,  TP  , SL, Max spread, Magic no.

Coding should be done step by step , not in rush or hastiness

Cheers !

Ramazan

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