Expert advisor based on Stochastics and resitance/support levels

Desired outcome

- Functional EA for MT4

- Source code for the EA for MT4

- Indicators that are used in EA being drawn on the chart for MT4

Other add-ons expected from you as developer:

- Handling of simple errors

- Handling of reconnections

- Your suggestions

Description of the EA

The EA will trade long/short positions for US Gold CFDs. It works on closed bid bars and only one trade can be open at a time. It works on the platform's stochastic indicator and support/resistance levels. I should be able to modify parameters for Stochastic. The support/resistance levels are pre-determined. The stochastic and support/resistance level should be drawn on the chart.

Entry:

When the price reaches a support level and the stochastic confirms the buy signal, a limit order is entered at the support level when the level is tested a second time.

When the price reaches a resistance level and the stochastic confirms the sell signal, a limit order is entered at the support level when the level is tested a second time.

If, however, the price closes below the support level or above the resistance level (the first time), no order is placed. I would like to be able to control how sensitive the EA is in regards to when to enter. ie: $0.20 below/above resistance&support, $0.10...

Exit:

If EA enters a long position, the Take Profit (TP) should be the nearest resistance level. 

If EA enters a short position, the TP should be the nearest support level.

Risk management:

A stop loss will be placed for each order. It will be equal to half of the potential gain up to $1 of the long/short position

I should be to control how many contracts can be entered into each trade

Open orders need to be cancelled if not fulfilled after 6hours. I should also be able to modify this

Executed orders need to be closed after 2 hours. I should also be able to modify this

An example of a trade is included

Let me know if something is not clear or if you have any questions