Job finished
Specification
i would like to add in CCI Color Indicator to enhance the trade entry and exit.
entry : need to fulfill CCI Color and Trend Color (both must same color)- enter on next candlestick;
example for enter: Indicator trend color and indicator CCI must same color (light green "Buy" & red "sell")
exit: 2 choice,
1)one is TP/SL;
2)CCI COLOR "X" Symbol perform or changed opposite color
-condition : trade must in profit, all sell trade or all buy trade either one side.
** help change also the default TP set 1 instead of 100
**THIS EA I WILL SELL/RENT ON MARKET KINDLY FOLLOW MQL5 REQUIREMENT**
This is previous explanation for EA Trend Color
EA Function using Trend Colored Indicator:-
Strategy:
Use H4 time frame to get direction (green "Buy/Long" or red "Sell/Short"), execute trade at smaller time frame (User attached EA at M1,M5,M15,M30,H1).
Open Trade explanation :- Candlestick Color " Solid " = Light Green and Red;
- Dark Green or Pink : is get ready for execution;
- "Solid" Light Green = execute/open "Buy/Long" trade (current candlestick);
- "Solid" Red = execute "Sell/Short" trade (Current candlestick);
Close Trade explanation : - If Sell order Hit Target Price (TP), close all sell trade, Same for Buy order, Hit Stop Loss (SL) close all order.
EA Performance:-
1) Can open Multi trade/order MUST FULLFILL 2 condition or criteria below;
-Trade distance -set by user -default 200 points else faults trade ;
-Total trade not more than user set -default 10 trades for Buy/Long, 10 trades for Sell/Short else faults trade;
(Remarks-total order add separately (if found buy and sell order in one chart :default setting :buy's trade=10 orders and sell's trade=10 orders))
- MUST have this two condition, ELSE faults no open trade.
2) EA Take Profit must include :SWAPS , commissions and spread, example TP set 100, SWAPS 0.03, commission 0.05, EA will close at 108 points or 1.08.
3)Distance description : order or trade in between must must 200 points (default distance is : 200) , Long/ buy order look for last buy open order, short/sell order look for short open order. Else fault to open trade.
4)Multiplier description: always use the last order to multiply, default setting: 1.5.
5) No open trade or order when last order in profit ;
Scenario 1- Buy order have 3 trades, 1 of them in profit. NO ORDER OPEN
Scenario 2- Buy order have 5 trades, sell order have 2 trades, 1 of the sell in profit, non buy order in profit, NO ORDER FOR BUY ,SELL ONLY.
Scenario 3- Buy order have 2 trades, sell order have 1 trade, 2 of them (Buy and Sell order) have 1 order in profit. NO ORDER OPEN-BOTH
Panel Display:-
EA Comment ;
Quantity Buy/Long Trade open Vs Max Trade ;
Quantity Sell/ Short Trade open Vs Max Trade ;
Sell Trade : Profit or Loss in currency;
Buy Trade : Profit or Loss in currency;
Chart Display:-
Breakeven Line ;
TP line ;
Stop loss Line ;
EA Input with (Default Setting):
1)Open New Series: True (Faults means no Trading)
2)Trade Buy: True (Faults Means no buy order)
3)Trade Sell: True (Faults Means no sell order)
4)Support Manual Order: True (Faults means only read Magic Number orders)
5)Max Order (SELL): 10 (sum of total short/sell order)
6)Max Order (Buy): 10 (sum of total long/buy order)
7)Order Comment: Trend Color EA (written on each trade open)
8)Start Lots : 0.01 (smallest lot size)
9)Lot Multiplier : 1.5 (use last order to multiply, not first order or sum of lots)
10)Distance : 200 (in between order, Sell vs Sell, Buy Vs Buy)
11)Max Lot :5.0 (Sum of lots, Short + Long)
12)TP : 100 points
13)SL : 0 point
14)Magic EA :0