Specification
Hey design for me an EA by the name of the trend follower on MT5
The EA will work on all timeframe, detect signals, trade and send them on telegram.
The EA will have to detect the general trend first, then detect the signal that will follow the trend.
After trend detection, EA will generate signals will be detected will be generated and send on
telegram as trading zone.
1 Trend detection
EA has to detect general trend based on 3 different timeframes at the same time which are
Monthly, Weekly and Daily
To detect the general trend, the RSI 77 period will be used on all 3-time frame (Monthly, Weekly
and Daily ) separately at the same time
User must be able to adjust the setting on all 3 RSI
For buy signal and sell signal
EA will allow buy signals detected only on Strong BUY trend and Medium Buy trend
EA will allow sell signals detected only on Strong Sell trend and Medium Sell trend
For a strong sell trend, all 3 RSI has to be below 50 level at the same time
Monthly Timeframe : RSI 77 period below 50 Level
Weekly Timeframe : RSI 77 period below 50 Level
Daily Timeframe : RSI 77 period below 50 Level
For a Medium sell trend, at least 2 RSI has to be below 50 level at the same time
Monthly Timeframe: RSI 77 period below 50 Level
Weekly Timeframe: RSI 77 period above 50 Level
Daily Timeframe: RSI 77 period below 50 Level
For a strong buy trend, all 3 RSI has to be above 50 level at the same time
Monthly Timeframe : RSI 77 period above 50 Level
Weekly Timeframe : RSI 77 period above 50 Level
Daily Timeframe: RSI 77 period above 50 Level
For a Medium buy trend, all 2 RSI has to be above 50 level at the same time
Monthly Timeframe : RSI 77 period above 50 Level
Weekly Timeframe : RSI 77 period below 50 Level
Daily Timeframe: RSI 77 period above 50 LevelPART 2 Signal detection
The Signal part detection will depend on trend detection in part 1
The for the EA will highlight and project that candle, which will be a trading zone. It’s can be
a buy zone or sell zone.
the signal will be detected on all timeframe but based on certain conditions.
And the user must be able to select on which candle he want do that the trading zone can
be highlighted. Which is the 1HR, 4HR, DAILY, WEEKLY and MONTHLY.
▪ The signal will be detected based on two RSI, fractal indicator, Moving averages,
and the ADX indicator.
▪ The EA must be able to send custom signals notifications on telegram together with
a screenshot
▪ The EA must be able to place pending orders, (buy limit and sell limit).in the specific
trading zone or market execution
Very important:
Once all the conditions are met, the EA should be highlighting a specific candle
based on certain conditions and that highlighted candle will be our trading zone
and if we switch on the lower timeframe, such as 4HR,1HR,30min,15min,5min or 1
min, the EA must highlight the trading zone chosen on the bigger timeframe.
Responded
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