I'm looking for a custom EA, that is able to use a zigzag to mark out highs and lows, then set entries based on these higher highs, or lower lows. It needs to be able to make both buy and sell orders.
High/ low is broken
New high/ low is made
Entry is set at 0.50 and 0.75 retrace (based on most recent high and low point)
Stop is set behind point 0, plus a buffer
Exit is new high/ low (point 0)
Variable Settings needed:
Lot size
Stop buffer size
Zig zag look length
Order timeout if order not taken up after x amount of time
Amount needed to break high/low point to trigger entry
Entry not taken unless profit is at least x pips (should also help stop small choppy entries and small target ntries where fees would eat any profit)
Continue entry in same direction, or only take entry if opposite direction to previous trade (can be switched on and off to prevent multiple entries in same direction and would then only target a reversal)
Potential issues:
Small choppy moves triggering entries
Zig zag correctly identifying a high and low
The marking of the 1 and 0 points being inaccurate
![](https://c.mql5.com/21/533/1977880931227__1.png)
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