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I WANT TO MODIFY MY EA INDICATOR INTO A TRADING BOT
Currently, i have an EA indicator that alerts me with a buy or sell signals. I want to modify it into an automated trading bot using the buy and sell Signals from the indicator. Here are the requirements:
1. The bot opens a trade when the internal indicator prints a signal either buy or sell.
2. Close current trade: On opposite signals// recent swing low/high// Either of the two
The EA has to open an opposite trade if current trade is closed in loss at recent swing low/high even without opposite signal. This will help in the event of news candle spike which can delay the opposite signal from printing on time.
3. Opposite trade lotsize to be twice the lotsize of the last closed trade
4. Close current trade if equity is greater than today's start up balance by ( currency): $10
This only applies to the Forex pair it is attached to.
5. Close all running trades and Stop trading for the day if equity is greater than today's start-up balance by (currency): $25
This applies to all running trades on my mt5.
6. Initial trade lotsize: 0.01 (default)
7. Time of the day to trade: 6am to 6pm (adjustable) (the set time should work according to local computer's set clock)
8. Trade on Monday: True/False
9. Trade on Tuesday: True/False
10. Trade on Wednesday: True/false
11. Trade on Thursday: True/false
12. Trade on Friday: True/false
11. Trade on Saturday: True/False
12. Trade on Sunday: True/False
13. Magic number: 123456
Note: The EA should be able to auto update daily start up balance