EA based on indicators

MQL4 Indicators Experts

Job finished

Execution time 11 days
Feedback from customer
nice work , thanks a lot

Specification

Indicators: MoneyLine2, BullsEye, TREND SESSION (TS), FSP Aggressive Entry, LRFF Wave, TrendWave, BullsEye Forecaster

=== Entry Buy ===

1. Price after crossing BullsEye Forecaster from below; On closed candle BullsEye, TS, FSP (can also be blank) & LRFF are all GREEN
2. Not when TrendWave > 60**

=== Entry Sell ===

1. Price after crossing BullsEye Forecaster from above; On closed candle BullsEye, TS, FSP (can also be blank) & LRFF are all RED
2. Not when TrendWave < -60**

=== Exit Buy (when one of them is met) ===

1. TP / SL / TrailingStop is hit
2. One of BullEye / TS / FSP / LRFF Wave turn Red on closed candle
3. Price hit Moneyline2 from below (MoneyLine2 level should be higher from the opening buy trade price)
4. TrendWave DOWN arrow appear

=== Exit Sell (when one of them is met) ===

1. TP / SL / TrailingStop is hit
2. One of BullEye / TS / FSP / LRFF Wave turn Green on closed candle
3. Price hit Moneyline2 from above (MoneyLine2 level should be lower from the opening sell trade price)
4. TrendWave UP arrow appear

EA Inputs:

Lot                                              = 0.10
TP                                               = 1:1 / 2:1 (default) / 3:1 / 4:1 / Default TP
SL (point)                                       = 250 (or 25 pips)
Use TrailingStop                                 = False / True (default)
TrailingStop (point)                             = 50 (5 pips)
TrailingStop Profit Lock*                        = Full / 90%-10% / 50%-50% (default)

TrendWave Top-Down Limit**                       = 60 <- max TrendWave limit to open trade, which is 60 for upper limit & -60 for lower limit
TP/SL/TrailingStop type                          = Normal / Hidden (default)
Default TP (point)                               = 500 (or 50 pips) <- if I want to set no TP for the trade, I leave it blank
Max Spread (point)                               = 40 (or 4 pips)
Slippage                                         = 3 (default)
CloseAll on Profit ($)                           = 10 <- when floating reach $10 or more, EA will closed all opened orders across all currencies
Pause Trading Day                                = Monday / Tuesday / Wednesday / Thrusday / Friday (default) / Everyday
Pause start from (MT4 time)                      = 14:00
Pause ending at (MT4 time)                       = 03:00
Screenshot                                       = False / True (default) <- to know the condition when orders opened & closed
Magic Number                                     = 12345

Note: 
- By default, EA will pause to open trade at Friday from 14:00 MT4 server time till Monday at 03:00 MT4 server time (maybe on Saturday, I should change Pause Trading Day to everyday, and change it back to 'Friday' at Monday). If I select Everyday, then each day EA pause to open trade from 14:00 MT4 server time till at 03:00 MT4 server time next day

- When Default TP is set blank; and choosing TP = 1:1 while SL (point) = 250, meaning TP is also the same as SL, when 3:1 means TP is 3 times bigger then the SL

* If TrailingStop Profit Lock* 
  
= Full, then it will move SL to Breakeven once price gain 5 pips, and always move SL to lock 5 pips profit once price gain another 5 pips, until it hit the last SL and close 100% of the lot size

= 90%-10%, then it will move SL to Breakeven once price gain 5 pips, and always move SL to lock 5 pips profit once price gain another 5 pips, until it hit the last SL and close 90% of the lot size, and leave 10% to continue trading (until it hit the last SL again)

= 50%-50%, then it will move SL to Breakeven once price gain 5 pips, and always move SL to lock 5 pips profit once price gain another 5 pips, until it hit the last SL and close 50% of the lot size, and leave 50% to continue trading (until it hit the last SL again)

Sample: open Buy 1 lot GBPUSD at 1.27800 (SL=250 point), with TrailingStop 5 pips & choosing TrailingStop Profit Lock 90%-10%

Illustration 1:
-> when at 1.27850, EA will move initial SL from 1.27550 to 1.27800 
-> when at 1.27900, EA will move SL again from 1.27800 to 1.27850
-> when at 1.27950, EA will move SL again from 1.27850 to 1.27900
-> when then drop to 1.27900, EA will close 0.9 lot and let remaining 0.1 lot continue trading (with SL changed to 1.27850)
   -> so when drop again 5 pips to 1.27850, EA will close the remaining 0.1 lot
   -> so when up again 5 pips to 1.27950, EA will move SL again from 1.27850 to 1.27900
      -> when at 1.28000, EA will move SL again from 1.27900 to 1.27950
      -> so when drop again 5 pips to 1.27950, EA will close the remaining 0.1 lot
;
Illustration 2:
-> when at 1.27850, EA will move initial SL from 1.27550 to 1.27800 
-> when then drop to 1.27800, EA will close 0.9 lot and let remaining 0.1 lot continue trading (with SL changed to 1.27550)
   -> so price will have to drop 25 pips to 1.27550, for the EA to close the remaining 0.1 lot
   -> so when up again 5 pips to 1.27850, EA will move SL again from 1.27550 to 1.27800
      -> when at 1.28900, EA will move SL again from 1.27800 to 1.27850
      -> so when drop again 5 pips to 1.27850, EA will close the remaining 0.1 lot

Remember, TrailingStop Profit Lock partial closing is used only when TrailingStop is True & only for TrailingStop mechanism. When other exit rule is met, EA will always close in full or 100%

image example 1 : http://whycity.net/genesislite/Pic1.png

image example 2 : http://whycity.net/genesislite/Pic2.png

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